Magma Group Bhd (XKLS:7243) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Magma Group Bhd Debt-to-Equity?

Magma Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM6.64 Mil. Magma Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM68.50 Mil. Magma Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM104.57 Mil. Magma Group Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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

XKLS:7243' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 1.23 Max: 1.75
Current: 0.72

During the past 10 years, the highest Debt-to-Equity Ratio of Magma Group Bhd was 1.75. The lowest was 0.72. And the median was 1.23.

XKLS:7243's Debt-to-Equity is ranked worse than
61.85% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XKLS:7243: 0.72

Magma Group Bhd Debt-to-Equity Historical Data

The historical data trend for Magma Group 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.

Magma Group Bhd Debt-to-Equity Chart

Magma Group Bhd Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Dec14

Jun17

Jun18

Jun21

Dec23

Debt-to-Equity

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1.75

0.72

Magma Group Bhd Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.84	0.98	1.02	0.85	0.72

Competitive Comparison of Magma Group Bhd's Debt-to-Equity

For the Lodging subindustry, Magma Group 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.

Magma Group Bhd's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Magma Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Magma Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Magma Group 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
	=	(6.639	+	68.496)	/	104.573
	=	0.72

Magma Group 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
	=	(6.639	+	68.496)	/	104.573
	=	0.72

Magma Group Bhd (XKLS:7243) 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.

Magma Group Bhd Debt-to-Equity Related Terms

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Magma Group Bhd (XKLS:7243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Magma Group Bhd (XKLS:7243) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

21st Floor Menara KH Jalan Sultan Ismail, Kuala Lumpur, MYS, 50250

Website

https://www.impiana.com

Magma Group Bhd formerly Impiana Hotels Bhd is a Malaysia-based company. It is an investment holding company, which is engaged in the processing, manufacturing, and selling of drinking water. It also manages and operates hotels and resorts, and property investments. The company operates in two business segments that are Hospitality Business and Others.

Magma Group Bhd (XKLS:7243) Headlines

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