Multi Ways Holdings (Multi Ways Holdings) Debt-to-Equity : 1.07 (As of Jun. 2023)

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What is Multi Ways Holdings Debt-to-Equity?

Multi Ways Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $12.73 Mil. Multi Ways Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $5.18 Mil. Multi Ways Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $16.82 Mil. Multi Ways Holdings's debt to equity for the quarter that ended in Jun. 2023 was 1.06.

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 Multi Ways Holdings's Debt-to-Equity or its related term are showing as below:

MWG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.07 Med: 2.55 Max: 3.35
Current: 1.07

During the past 3 years, the highest Debt-to-Equity Ratio of Multi Ways Holdings was 3.35. The lowest was 1.07. And the median was 2.55.

MWG's Debt-to-Equity is ranked worse than
75.57% of 929 companies
in the Business Services industry
Industry Median: 0.39 vs MWG: 1.07

Multi Ways Holdings Debt-to-Equity Historical Data

The historical data trend for Multi Ways Holdings'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.

Multi Ways Holdings Debt-to-Equity Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

1.35

3.35

2.82

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	3.35	2.55	2.82	1.07

Competitive Comparison of Multi Ways Holdings's Debt-to-Equity

For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.

Multi Ways Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Multi Ways Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Multi Ways Holdings's Debt-to-Equity falls into.

Multi Ways Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Multi Ways Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(12.346	+	5.289)	/	6.262
	=	2.82

Multi Ways Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(12.731	+	5.181)	/	16.823
	=	1.06

Multi Ways Holdings (AMEX:MWG) 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.

Multi Ways Holdings Debt-to-Equity Related Terms

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Multi Ways Holdings (Multi Ways Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.