Malayan Flour Mills Bhd (XKLS:3662) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is Malayan Flour Mills Bhd Debt-to-Equity?

Malayan Flour Mills Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM918 Mil. Malayan Flour Mills Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM82 Mil. Malayan Flour Mills Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,342 Mil. Malayan Flour Mills Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

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 Malayan Flour Mills Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:3662' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75 Med: 1.1 Max: 1.37
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Malayan Flour Mills Bhd was 1.37. The lowest was 0.75. And the median was 1.10.

XKLS:3662's Debt-to-Equity is ranked worse than
68.76% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XKLS:3662: 0.75

Malayan Flour Mills Bhd Debt-to-Equity Historical Data

The historical data trend for Malayan Flour Mills 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.

Malayan Flour Mills Bhd Debt-to-Equity Chart

Malayan Flour Mills Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.10

1.11

0.99

0.83

0.75

Malayan Flour Mills 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															0.83	0.92	0.81	0.79	0.75

Competitive Comparison of Malayan Flour Mills Bhd's Debt-to-Equity

For the Farm Products subindustry, Malayan Flour Mills 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.

Malayan Flour Mills Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Malayan Flour Mills Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Malayan Flour Mills Bhd's Debt-to-Equity falls into.

Malayan Flour Mills Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Malayan Flour Mills Bhd'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
	=	(917.963	+	81.917)	/	1341.954
	=	0.75

Malayan Flour Mills 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
	=	(917.963	+	81.917)	/	1341.954
	=	0.75

Malayan Flour Mills Bhd (XKLS:3662) 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.

Malayan Flour Mills Bhd Debt-to-Equity Related Terms

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

Malayan Flour Mills Bhd (XKLS:3662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Malayan Flour Mills Bhd (XKLS:3662) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 28, Menara Citibank, Suite 28.01, 165 Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.mfm.com.my

Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. Maximum revenue is generated by the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.

Malayan Flour Mills Bhd (XKLS:3662) Headlines

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