Mauritius Secondary Industries (XMAU:MSIL.I0000) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Mauritius Secondary Industries Debt-to-Equity?

Mauritius Secondary Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MUR0.00 Mil. Mauritius Secondary Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MUR0.00 Mil. Mauritius Secondary Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MUR84.47 Mil. Mauritius Secondary Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Mauritius Secondary Industries's Debt-to-Equity or its related term are showing as below:

XMAU:MSIL.I0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.13
Current: 0.05

During the past 4 years, the highest Debt-to-Equity Ratio of Mauritius Secondary Industries was 0.13. The lowest was 0.02. And the median was 0.06.

XMAU:MSIL.I0000's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs XMAU:MSIL.I0000: 0.05

Mauritius Secondary Industries Debt-to-Equity Historical Data

The historical data trend for Mauritius Secondary Industries'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.

Mauritius Secondary Industries Debt-to-Equity Chart

Mauritius Secondary Industries Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.02

0.13

0.07

0.06

Mauritius Secondary Industries Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										-	-	0.06	-	-

Competitive Comparison of Mauritius Secondary Industries's Debt-to-Equity

For the Real Estate Services subindustry, Mauritius Secondary Industries'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.

Mauritius Secondary Industries's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mauritius Secondary Industries's Debt-to-Equity distribution charts can be found below:

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

Mauritius Secondary Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mauritius Secondary Industries'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
	=	(2.259	+	2.315)	/	81.974
	=	0.06

Mauritius Secondary Industries'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	+	0)	/	84.474
	=	0.00

Mauritius Secondary Industries (XMAU:MSIL.I0000) 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.

Mauritius Secondary Industries Debt-to-Equity Related Terms

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Mauritius Secondary Industries (XMAU:MSIL.I0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mauritius Secondary Industries Ltd (XMAU:MSIL.I0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/O United Bus Service Ltd., Les Cassis, Port Louis, MUS

Website

https://www.accgroup.mu/msi

Mauritius Secondary Industries Ltd is engaged in the retreading of motor vehichle tyres and rental of commercial building. The Company is only engaged in property rental activity locally.

Mauritius Secondary Industries (XMAU:MSIL.I0000) Headlines

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