Mitrajaya Holdings Bhd (XKLS:9571) Debt-to-Equity : 0.07 (As of Jun. 2024)

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What is Mitrajaya Holdings Bhd Debt-to-Equity?

Mitrajaya Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM45.4 Mil. Mitrajaya Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM0.5 Mil. Mitrajaya Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2024 was RM687.6 Mil. Mitrajaya Holdings Bhd's debt to equity for the quarter that ended in Jun. 2024 was 0.07.

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

XKLS:9571' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.28 Max: 0.52
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Mitrajaya Holdings Bhd was 0.52. The lowest was 0.02. And the median was 0.28.

XKLS:9571's Debt-to-Equity is ranked better than
85.86% of 1549 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:9571: 0.07

Mitrajaya Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Mitrajaya Holdings 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.

Mitrajaya Holdings Bhd Debt-to-Equity Chart

Mitrajaya Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.16

0.13

0.09

0.04

Mitrajaya Holdings Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.03	0.04	0.05	0.07

Competitive Comparison of Mitrajaya Holdings Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, Mitrajaya Holdings 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.

Mitrajaya Holdings Bhd's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mitrajaya Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Mitrajaya Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitrajaya Holdings 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
	=	(23.59	+	0.431)	/	685.406
	=	0.04

Mitrajaya Holdings Bhd's Debt to Equity Ratio for the quarter 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
	=	(45.445	+	0.504)	/	687.649
	=	0.07

Mitrajaya Holdings Bhd (XKLS:9571) 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.

Mitrajaya Holdings Bhd Debt-to-Equity Related Terms

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

Mitrajaya Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mitrajaya Holdings Bhd (XKLS:9571) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Blok D, Pusat Perdagangan Puchong Prima, Persiaran Prima Utama, Taman Puchong Prima, Puchong, SGR, MYS, 47150

Website

https://www.mitrajaya.com.my

Mitrajaya Holdings Bhd is a Malaysian company that operates in the construction, property development, healthcare and manufacturing, and trading industries. The company is involved in civil engineering, building, and road construction work, property development, and healthcare. The company manages its business segments namely construction, property development, and investment. The construction segment generates revenue.

Mitrajaya Holdings Bhd Headlines

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