MYMBN Bhd (XKLS:0280) Debt-to-Equity : 0.19 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is MYMBN Bhd Debt-to-Equity?

MYMBN Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3.76 Mil. MYMBN Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.87 Mil. MYMBN Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM35.62 Mil. MYMBN Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

XKLS:0280' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.33 Max: 0.77
Current: 0.19

During the past 5 years, the highest Debt-to-Equity Ratio of MYMBN Bhd was 0.77. The lowest was 0.19. And the median was 0.33.

XKLS:0280's Debt-to-Equity is ranked better than
68.85% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XKLS:0280: 0.19

MYMBN Bhd Debt-to-Equity Historical Data

The historical data trend for MYMBN 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.

MYMBN Bhd Debt-to-Equity Chart

MYMBN Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.77

0.48

0.33

0.29

0.19

MYMBN Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	0.77	0.48	0.33	0.29	0.19

Competitive Comparison of MYMBN Bhd's Debt-to-Equity

For the Packaged Foods subindustry, MYMBN 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.

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

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

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

MYMBN Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MYMBN 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
	=	(3.76	+	2.873)	/	35.618
	=	0.19

MYMBN Bhd'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
	=	(3.76	+	2.873)	/	35.618
	=	0.19

MYMBN Bhd (XKLS:0280) 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.

MYMBN Bhd Debt-to-Equity Related Terms

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

MYMBN Bhd (XKLS:0280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MYMBN Bhd (XKLS:0280) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Melaka Raya 26, Nos. 17, 19, 21, 23 and 25, Taman Melaka Raya, Melaka, MYS, 75000

Website

https://www.mymbn.com.my

MYMBN Bhd is an investment holding company of MBN Enterprise and MBN International. Through its Subsidiaries, it is principally engaged in the processing and sale of EBN, specifically the RUCEBN. EBNs are processed nests of swiftlets, which are made from strands of swiftlets' saliva.

MYMBN Bhd (XKLS:0280) Headlines

No Headlines