MHC Plantations Bhd (XKLS:5026) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is MHC Plantations Bhd Debt-to-Equity?

MHC Plantations Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM15.0 Mil. MHC Plantations Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM23.9 Mil. MHC Plantations Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM324.3 Mil. MHC Plantations Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 MHC Plantations Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:5026' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.45 Max: 0.75
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of MHC Plantations Bhd was 0.75. The lowest was 0.11. And the median was 0.45.

XKLS:5026's Debt-to-Equity is ranked better than
77.57% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XKLS:5026: 0.12

MHC Plantations Bhd Debt-to-Equity Historical Data

The historical data trend for MHC Plantations 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.

MHC Plantations Bhd Debt-to-Equity Chart

MHC Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.57

0.47

0.21

0.13

0.12

MHC Plantations Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.17	0.11	0.12	0.12

Competitive Comparison of MHC Plantations Bhd's Debt-to-Equity

For the Farm Products subindustry, MHC Plantations 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.

MHC Plantations Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MHC Plantations Bhd's Debt-to-Equity distribution charts can be found below:

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

MHC Plantations Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MHC Plantations Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(10.824	+	27.025)	/	320.867
	=	0.12

MHC Plantations Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(15.008	+	23.897)	/	324.322
	=	0.12

MHC Plantations Bhd (XKLS:5026) 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.

MHC Plantations Bhd Debt-to-Equity Related Terms

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

MHC Plantations Bhd (XKLS:5026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MHC Plantations Bhd (XKLS:5026) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kompleks Pejabat Behrang 2020, Jalan Persekutuan 1, Tanjong Malim, PRK, MYS, 35900

Website

https://www.mhc.com.my

MHC Plantations Bhd along with its subsidiaries is involved in the cultivation of oil palm, the operation of the quarry, milling, and sales of oil palm products, letting of oil palm collection center, investment holding, power generation, and property development. It operates in segments that include Plantation; which cultivates oil palm, Oil Mill; which mills and sells oil palm products, Power Plant; which generates power and sell biomass by-products. The Other Segment refers to the extraction and sale of earth stones, operation of a hotel and Others. The Oil Mill Segment generates maximum revenue for the company.

MHC Plantations Bhd (XKLS:5026) Headlines

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