Matex International (SGX:M15) Debt-to-Equity : 0.25 (As of Dec. 2023)

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What is Matex International Debt-to-Equity?

Matex International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$2.70 Mil. Matex International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.50 Mil. Matex International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$12.70 Mil. Matex International's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

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 Matex International's Debt-to-Equity or its related term are showing as below:

SGX:M15' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.31 Max: 0.94
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Matex International was 0.94. The lowest was 0.17. And the median was 0.31.

SGX:M15's Debt-to-Equity is ranked better than
59.38% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs SGX:M15: 0.25

Matex International Debt-to-Equity Historical Data

The historical data trend for Matex International'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.

Matex International Debt-to-Equity Chart

Matex International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.46

0.94

0.79

0.30

0.25

Matex International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.79	1.42	0.30	0.26	0.25

Competitive Comparison of Matex International's Debt-to-Equity

For the Specialty Chemicals subindustry, Matex International'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.

Matex International's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Matex International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Matex International's Debt-to-Equity falls into.

Matex International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Matex International'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
	=	(2.703	+	0.5)	/	12.701
	=	0.25

Matex International's Debt to Equity Ratio for the quarter 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
	=	(2.703	+	0.5)	/	12.701
	=	0.25

Matex International (SGX:M15) 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.

Matex International Debt-to-Equity Related Terms

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

Matex International (SGX:M15) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Matex International Ltd (SGX:M15) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1003, Bukit Merah Central, No. 01-10, Inno Centre, Singapore, SGP, 159836

Website

https://www.matex.com.sg

Matex International Ltd is a manufacturer, supplier, and agent of dyestuffs and auxiliary chemicals, color measurement, and computer-aided systems to the textile industry. Its geographic segments are the PRC and other Asia Pacific Countries. The company's key products include Megafix RE Series- Low-Temp Exhaust Dyeing, Megaperse CF- One Bath Scouring/Bleaching/Dyeing, and Megaperse SP- High Fastness dyes for Polyester Spandex & Blends.

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