Meta Bright Group Bhd (XKLS:2097) Debt-to-Equity : 0.54 (As of Dec. 2024)

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What is Meta Bright Group Bhd Debt-to-Equity?

Meta Bright Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM81.7 Mil. Meta Bright Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM68.6 Mil. Meta Bright Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM280.7 Mil. Meta Bright Group Bhd's debt to equity for the quarter that ended in Dec. 2024 was 0.54.

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

XKLS:2097' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.32 Max: 0.76
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Meta Bright Group Bhd was 0.76. The lowest was 0.11. And the median was 0.32.

XKLS:2097's Debt-to-Equity is ranked worse than
55.75% of 687 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs XKLS:2097: 0.54

Meta Bright Group Bhd Debt-to-Equity Historical Data

The historical data trend for Meta Bright 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.

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Meta Bright Group Bhd Debt-to-Equity Chart

Meta Bright Group Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jun22

Jun23

Jun24

Debt-to-Equity

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0.34

0.35

0.14

0.11

0.51

Meta Bright Group Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.50	0.51	0.50	0.54

Competitive Comparison of Meta Bright Group Bhd's Debt-to-Equity

For the Lodging subindustry, Meta Bright 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.

Meta Bright Group Bhd's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Meta Bright Group Bhd's Debt-to-Equity distribution charts can be found below:

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

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Meta Bright Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Meta Bright Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
	=	(68.984	+	70.048)	/	272.712
	=	0.51

Meta Bright Group Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(81.658	+	68.629)	/	280.732
	=	0.54

Meta Bright Group Bhd (XKLS:2097) 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.

Meta Bright Group Bhd Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Meta Bright Group Bhd's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Meta Bright Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Meta Bright Group Bhd (XKLS:2097) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lingkaran SV, Sunway Velocity, V06-07-03A, Signature 2, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100

Website

https://www.mbgb.my

Meta Bright Group Bhd is a Malaysia-based investment holding company. The business activity of the firm is operated in Investment holding; Leasing and financing; Hospitality; Investment properties; Property development; Building materials and related services; and Energy divisions. It generates maximum revenue from the Building materials and related services segment which is involved in manufacturing and supplying ready-mixed concrete, quarry products, cement, and other building materials. Geographically, the company derives its maximum revenue from Malaysia and the rest from Australia.

Meta Bright Group Bhd Headlines

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