Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity?

Malaysia Marine and Heavy Engineering Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM106 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM268 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,267 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:5186' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.3
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Malaysia Marine and Heavy Engineering Holdings Bhd was 0.30. The lowest was 0.01. And the median was 0.12.

XKLS:5186's Debt-to-Equity is ranked better than
61.08% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XKLS:5186: 0.30

Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Malaysia Marine and Heavy Engineering 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.13

0.22

0.19

0.30

Malaysia Marine and Heavy Engineering Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.19	0.24	0.44	0.30

Competitive Comparison of Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering 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.

Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Malaysia Marine and Heavy Engineering Holdings Bhd's Debt-to-Equity falls into.

Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Malaysia Marine and Heavy Engineering 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
	=	(106.451	+	268.484)	/	1266.531
	=	0.30

Malaysia Marine and Heavy Engineering Holdings 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
	=	(106.451	+	268.484)	/	1266.531
	=	0.30

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Debt-to-Equity Related Terms

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Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050

Website

https://www.mhb.com.my

Malaysia Marine and Heavy Engineering Holdings Bhd is a marine and heavy engineering solutions provider for a range of offshore and onshore facilities and vessels. The company operates through three segments. Its Heavy engineering Business segment is engaged in the provision of service for oil and gas engineering, construction and conversion works. The Marine segment offers repair services and dry docking of liquefied natural gas carriers. Its Other segment comprises of supporting divisions to the group operations and sludge disposal management. The company generates maximum revenue from the Heavy engineering Business segment.

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Headlines

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