Mikro MSC Bhd (XKLS:0112) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Mikro MSC Bhd Debt-to-Equity?

Mikro MSC Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.81 Mil. Mikro MSC Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM7.80 Mil. Mikro MSC Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM283.23 Mil. Mikro MSC Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Mikro MSC Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0112' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.21
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Mikro MSC Bhd was 0.21. The lowest was 0.01. And the median was 0.09.

XKLS:0112's Debt-to-Equity is ranked better than
89.87% of 2626 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:0112: 0.03

Mikro MSC Bhd Debt-to-Equity Historical Data

The historical data trend for Mikro MSC 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.

* Premium members only.

Mikro MSC Bhd Debt-to-Equity Chart

Mikro MSC Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.10

0.09

0.08

0.07

Mikro MSC Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.07	0.07	0.05	0.03

Competitive Comparison of Mikro MSC Bhd's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Mikro MSC 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.

Mikro MSC Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's Debt-to-Equity distribution charts can be found below:

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

Mikro MSC Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mikro MSC Bhd's Debt to Equity Ratio for the fiscal year 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
	=	(1.005	+	8.126)	/	134.996
	=	0.07

Mikro MSC Bhd'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
	=	(0.806	+	7.802)	/	283.228
	=	0.03

Mikro MSC Bhd (XKLS:0112) 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.

Mikro MSC Bhd Debt-to-Equity Related Terms

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

Mikro MSC Bhd (XKLS:0112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikro MSC Bhd (XKLS:0112) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Anggerik Mokara, 31/48 Seksyen 31, Kota Kemuning, Shah Alam, SGR, MYS, 40460

Website

http://www.itmikro.com

Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.

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