Master Tec Group Bhd (XKLS:0295) Debt-to-Equity : 0.49 (As of Jun. 2023)

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What is Master Tec Group Bhd Debt-to-Equity?

Master Tec Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was RM61.2 Mil. Master Tec Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was RM16.1 Mil. Master Tec Group Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2023 was RM158.3 Mil. Master Tec Group Bhd's debt to equity for the quarter that ended in Jun. 2023 was 0.49.

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 Master Tec Group Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0295' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.87 Max: 1.15
Current: 0.49

During the past 3 years, the highest Debt-to-Equity Ratio of Master Tec Group Bhd was 1.15. The lowest was 0.49. And the median was 0.87.

XKLS:0295's Debt-to-Equity is ranked worse than
65.31% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:0295: 0.49

Master Tec Group Bhd Debt-to-Equity Historical Data

The historical data trend for Master Tec Group 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.

Master Tec Group Bhd Debt-to-Equity Chart

Master Tec Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.73

1.15

1.02

Master Tec Group Bhd Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	0.73	1.15	N/A	1.02	0.49

Competitive Comparison of Master Tec Group Bhd's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Master Tec Group 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.

Master Tec Group Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Master Tec Group Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Master Tec Group Bhd's Debt-to-Equity falls into.

Master Tec Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Master Tec Group 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
	=	(68.395	+	19.439)	/	86.232
	=	1.02

Master Tec Group Bhd's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(61.247	+	16.093)	/	158.291
	=	0.49

Master Tec Group Bhd (XKLS:0295) 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.

Master Tec Group Bhd Debt-to-Equity Related Terms

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Master Tec Group Bhd (XKLS:0295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Master Tec Group Bhd (XKLS:0295) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

RM1299-A Kawasan, Perindustrian Rembia, Alor Gajah, Melaka, MLA, MYS, 78000

Website

https://www.mastertec.my

Master Tec Group Bhd is an investment holding company. Through its subsidiary, it is involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products, and the trading of power cables, fibre optic cables, and other related products.

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