Mclean Technologies Bhd (XKLS:0167) Debt-to-Equity : 0.64 (As of Sep. 2023)

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What is Mclean Technologies Bhd Debt-to-Equity?

Mclean Technologies Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM6.49 Mil. Mclean Technologies Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM2.43 Mil. Mclean Technologies Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM13.98 Mil. Mclean Technologies Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.64.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mclean Technologies Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0167' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.25 Max: 0.68
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Mclean Technologies Bhd was 0.68. The lowest was 0.07. And the median was 0.25.

XKLS:0167's Debt-to-Equity is ranked worse than
62.86% of 929 companies
in the Business Services industry
Industry Median: 0.39 vs XKLS:0167: 0.64

Mclean Technologies Bhd Debt-to-Equity Historical Data

The historical data trend for Mclean Technologies Bhd's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mclean Technologies Bhd Debt-to-Equity Chart

Mclean Technologies Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.13

0.42

0.29

0.66

0.60

Mclean Technologies Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.60	0.68	0.67	0.64

Competitive Comparison of Mclean Technologies Bhd's Debt-to-Equity

For the Specialty Business Services subindustry, Mclean Technologies Bhd's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mclean Technologies Bhd's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mclean Technologies Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mclean Technologies Bhd's Debt-to-Equity falls into.

Mclean Technologies Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mclean Technologies Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.213	+	5.031)	/	17.105
	=	0.60

Mclean Technologies Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.49	+	2.431)	/	13.981
	=	0.64

Mclean Technologies Bhd (XKLS:0167) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Mclean Technologies Bhd Debt-to-Equity Related Terms

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Mclean Technologies Bhd (XKLS:0167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mclean Technologies Bhd (XKLS:0167) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Woodlands Sector 1, No 01-22, Singapore, SGP, 738068

Website

http://www.mclean.com.sg

Mclean Technologies Bhd is an investment holding company. The company, through its subsidiaries, is engaged in the provision of surface finishing of metal parts for electrical and electronic industries, and provision of precision cleaning and cleanroom assembly services, clean bulk packaging services and other related services. It operates in the segment of Surface Treatment and Precision Cleaning; and Other. The surface treatment and precision cleaning segment that drives majority revenue offers surface treatment, precision cleaning, clean bulk pack and related services in the hard disk drive and consumer electronics industries. Geographically, the group operates in Malaysia, Singapore, China and other international countries.

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