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Malek Spinning Mills (DHA:MALEKSPIN) Debt-to-Equity : 1.42 (As of Mar. 2024)


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What is Malek Spinning Mills Debt-to-Equity?

Malek Spinning Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT10,028 Mil. Malek Spinning Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT4,433 Mil. Malek Spinning Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BDT10,177 Mil. Malek Spinning Mills's debt to equity for the quarter that ended in Mar. 2024 was 1.42.

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 Malek Spinning Mills's Debt-to-Equity or its related term are showing as below:

DHA:MALEKSPIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54   Med: 0.74   Max: 1.42
Current: 1.42

During the past 13 years, the highest Debt-to-Equity Ratio of Malek Spinning Mills was 1.42. The lowest was 0.54. And the median was 0.74.

DHA:MALEKSPIN's Debt-to-Equity is ranked worse than
85.09% of 939 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs DHA:MALEKSPIN: 1.42

Malek Spinning Mills Debt-to-Equity Historical Data

The historical data trend for Malek Spinning Mills'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.

Malek Spinning Mills Debt-to-Equity Chart

Malek Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.03 1.27 1.23 1.31

Malek Spinning Mills 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 1.31 1.39 1.42 1.42

Competitive Comparison of Malek Spinning Mills's Debt-to-Equity

For the Textile Manufacturing subindustry, Malek Spinning Mills'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.


Malek Spinning Mills's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Malek Spinning Mills's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Malek Spinning Mills's Debt-to-Equity falls into.



Malek Spinning Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Malek Spinning Mills's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Malek Spinning Mills's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Malek Spinning Mills  (DHA:MALEKSPIN) 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.


Malek Spinning Mills Debt-to-Equity Related Terms

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


Malek Spinning Mills (DHA:MALEKSPIN) Business Description

Traded in Other Exchanges
N/A
Address
Tower-117, 117/A, Tejgaon Industrial Area, Dhaka, BGD, 1208
Malek Spinning Mills Ltd is engaged in producing combed and carded yarn. Some of its products include greige yarn, denim fabric, knitted garments, sweater garments, and denim garments.

Malek Spinning Mills (DHA:MALEKSPIN) Headlines

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