Nanofilm Technologies International (SGX:MZH) Debt-to-Equity : 0.28 (As of Dec. 2023)

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What is Nanofilm Technologies International Debt-to-Equity?

Nanofilm Technologies International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$8.5 Mil. Nanofilm Technologies International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$97.2 Mil. Nanofilm Technologies International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$379.9 Mil. Nanofilm Technologies International's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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

SGX:MZH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.23 Max: 0.57
Current: 0.28

During the past 8 years, the highest Debt-to-Equity Ratio of Nanofilm Technologies International was 0.57. The lowest was 0.10. And the median was 0.23.

SGX:MZH's Debt-to-Equity is ranked better than
51.64% of 2194 companies
in the Hardware industry
Industry Median: 0.29 vs SGX:MZH: 0.28

Nanofilm Technologies International Debt-to-Equity Historical Data

The historical data trend for Nanofilm Technologies 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.

Nanofilm Technologies International Debt-to-Equity Chart

Nanofilm Technologies International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.49

0.10

0.11

0.28

Nanofilm Technologies International Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.11	0.11	0.11	0.12	0.28

Competitive Comparison of Nanofilm Technologies International's Debt-to-Equity

For the Electronic Components subindustry, Nanofilm Technologies 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.

Nanofilm Technologies International's Debt-to-Equity Distribution in the Hardware Industry

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

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

Nanofilm Technologies International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nanofilm Technologies 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
	=	(8.519	+	97.239)	/	379.872
	=	0.28

Nanofilm Technologies 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
	=	(8.519	+	97.239)	/	379.872
	=	0.28

Nanofilm Technologies International (SGX:MZH) 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.

Nanofilm Technologies International Debt-to-Equity Related Terms

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Nanofilm Technologies International (SGX:MZH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanofilm Technologies International Ltd (SGX:MZH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Tai Seng Drive, Singapore, SGP, 535226

Website

https://www.nti-nanofilm.com

Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner. The company operates in three segments: advanced materials BU, Nanofabrication BU, Sydrogen BU and Industrial equipment BU . The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam and China being the majority revenue generator.

Nanofilm Technologies International (SGX:MZH) Headlines

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