Millennium Group International Holdings Ltd (MGIH)
1.57
-0.02
(-1.26%)
USD |
NASDAQ |
Jul 26, 16:00
1.53
-0.04
(-2.55%)
After-Hours: 20:00
Millennium Group International Holdings Debt to Equity Ratio: 0.3082 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.3082 |
| June 30, 2023 | 0.3358 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.3378 |
| June 30, 2022 | 0.3945 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3082
Minimum
Dec 2023
0.3945
Maximum
Jun 2022
0.3441
Average
0.3368
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 60.18M |
| Total Liabilities (Quarterly) | 20.35M |
| Shareholders Equity (Quarterly) | 39.83M |
| Current Ratio | 2.190 |
| Net Debt Paydown Yield | 8.45% |