Mercury Industries Bhd (XKLS:8192) Debt-to-Equity : 0.09 (As of Mar. 2024)

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What is Mercury Industries Bhd Debt-to-Equity?

Mercury Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM2.47 Mil. Mercury Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM2.24 Mil. Mercury Industries Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM49.96 Mil. Mercury Industries Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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

XKLS:8192' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.62
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Mercury Industries Bhd was 0.62. The lowest was 0.01. And the median was 0.10.

XKLS:8192's Debt-to-Equity is ranked better than
82.12% of 1521 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:8192: 0.09

Mercury Industries Bhd Debt-to-Equity Historical Data

The historical data trend for Mercury Industries 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.

Mercury Industries Bhd Debt-to-Equity Chart

Mercury Industries Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.28

0.58

0.62

0.11

0.08

Mercury Industries Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.02	0.03	0.03	0.09

Competitive Comparison of Mercury Industries Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, Mercury Industries 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.

Mercury Industries Bhd's Debt-to-Equity Distribution in the Construction Industry

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

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

Mercury Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mercury Industries Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(3.254	+	0)	/	43.598
	=	0.07

Mercury Industries 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
	=	(2.466	+	2.242)	/	49.964
	=	0.09

Mercury Industries Bhd (XKLS:8192) 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.

Mercury Industries Bhd Debt-to-Equity Related Terms

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

Mercury Industries Bhd (XKLS:8192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mercury Industries Bhd (XKLS:8192) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 5, Level 10, Menara Great Eastern 2, No. 50, Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.mercury.com.my

Mercury Industries Bhd is an investment holding company. It is engaged in civil and building construction works. The business segments of the company are Construction, Trading Segment, Property development, and Investment holding. It generates the majority of its revenue from the Construction segment. The company's projects include Liberty Arc, and Summit Batu Pahat Johor among others.

Mercury Industries Bhd (XKLS:8192) Headlines

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