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MFI (mF International) Debt-to-Equity : 0.20 (As of Jun. 2024)


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What is mF International Debt-to-Equity?

mF International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.68 Mil. mF International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.63 Mil. mF International's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $6.48 Mil. mF International's debt to equity for the quarter that ended in Jun. 2024 was 0.20.

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

MFI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 1.26   Max: 2.16
Current: 0.2

During the past 3 years, the highest Debt-to-Equity Ratio of mF International was 2.16. The lowest was 0.20. And the median was 1.26.

MFI's Debt-to-Equity is ranked better than
51.74% of 2211 companies
in the Software industry
Industry Median: 0.21 vs MFI: 0.20

mF International Debt-to-Equity Historical Data

The historical data trend for mF 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.

mF International Debt-to-Equity Chart

mF International Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
2.16 1.48 1.10

mF International Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial N/A 1.48 1.26 1.10 0.20

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

For the Software - Application subindustry, mF 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.


mF International's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, mF International's Debt-to-Equity distribution charts can be found below:

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



mF International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

mF International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

mF International's Debt to Equity Ratio for the quarter that ended in Jun. 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.


mF International  (NAS:MFI) 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.


mF International Debt-to-Equity Related Terms

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


mF International Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG
mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.