M N C Wireless Bhd (XKLS:0103) Debt-to-Equity : 0.01 (As of Jan. 2024)

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What is M N C Wireless Bhd Debt-to-Equity?

M N C Wireless Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM0.49 Mil. M N C Wireless Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM0.00 Mil. M N C Wireless Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM72.35 Mil. M N C Wireless Bhd's debt to equity for the quarter that ended in Jan. 2024 was 0.01.

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 M N C Wireless Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0103' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.58
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of M N C Wireless Bhd was 0.58. The lowest was 0.00. And the median was 0.02.

XKLS:0103's Debt-to-Equity is ranked better than
99.71% of 341 companies
in the Telecommunication Services industry
Industry Median: 0.64 vs XKLS:0103: 0.01

M N C Wireless Bhd Debt-to-Equity Historical Data

The historical data trend for M N C Wireless 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.

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M N C Wireless Bhd Debt-to-Equity Chart

M N C Wireless Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.05

0.02

0.01

M N C Wireless Bhd Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	-	0.01	0.01

Competitive Comparison of M N C Wireless Bhd's Debt-to-Equity

For the Telecom Services subindustry, M N C Wireless 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.

M N C Wireless Bhd's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where M N C Wireless Bhd's Debt-to-Equity falls into.

M N C Wireless Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

M N C Wireless Bhd's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(0.628	+	0.084)	/	78.092
	=	0.01

M N C Wireless Bhd's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(0.486	+	0)	/	72.35
	=	0.01

M N C Wireless Bhd (XKLS:0103) 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.

M N C Wireless Bhd Debt-to-Equity Related Terms

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

M N C Wireless Bhd (XKLS:0103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » M N C Wireless Bhd (XKLS:0103) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0103PA.PFD:Malaysia

Address

100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200

Website

https://www.mnc.com.my

M N C Wireless Bhd operates in the telecom industry. Its business operates through various segments that are Mobile Applications, which provide mobile application platforms for short message services (SMS) to mobile phone users; and Wireless and Multimedia Related Services, which are involved in consultations, sales, marketing, and implementation of m-business solutions, management of content resources business, and other related multimedia services.

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