MeGroup (SGX:SJY) Debt-to-Equity : 1.81 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is MeGroup Debt-to-Equity?

MeGroup's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$6.6 Mil. MeGroup's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$17.9 Mil. MeGroup's Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$13.5 Mil. MeGroup's debt to equity for the quarter that ended in Sep. 2023 was 1.81.

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

SGX:SJY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 1.02 Max: 1.82
Current: 1.81

During the past 8 years, the highest Debt-to-Equity Ratio of MeGroup was 1.82. The lowest was 0.47. And the median was 1.02.

SGX:SJY's Debt-to-Equity is ranked worse than
90.31% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs SGX:SJY: 1.81

MeGroup Debt-to-Equity Historical Data

The historical data trend for MeGroup'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.

MeGroup Debt-to-Equity Chart

MeGroup Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.72

1.07

1.82

1.77

MeGroup Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial										1.76	1.82	1.68	1.77	1.81

Competitive Comparison of MeGroup's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, MeGroup'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.

MeGroup's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MeGroup's Debt-to-Equity distribution charts can be found below:

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

MeGroup Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MeGroup's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(5.247	+	17.747)	/	12.967
	=	1.77

MeGroup's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.557	+	17.914)	/	13.506
	=	1.81

MeGroup (SGX:SJY) 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.

MeGroup Debt-to-Equity Related Terms

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

MeGroup (SGX:SJY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MeGroup Ltd (SGX:SJY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Cecil Street, No. 14-01 Keck Seng Tower, Singapore, SGP, 069535

Website

https://www.me-grp.com

MeGroup Ltd is an automotive company. The company is involved in the manufacturing of noise, vibration, and harshness (NVH) and non-NVH components for the automotive industry. The business activities of the group function through the manufacturing business and dealership business segments where the manufacturing business segment specializes in manufacturing NVH components such as headliners and engine outers which are incorporated into various parts of automobiles, including the ceiling, dashboard, hood, and boot, as well as non-NVH components such as parcel trays and board assembly decks and the dealership business derives the majority of revenue which comprises several 3S and 4S automobile dealerships for the sale of new automobiles.

MeGroup (SGX:SJY) Headlines

No Headlines