Millennium Group International Holdings Ltd (MGIH)
1.51
0.00 (0.00%)
USD |
NASDAQ |
Nov 04, 13:12
Millennium Group International Holdings Debt to Equity Ratio: 0.1798 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.1798 |
| 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
0.1798
Minimum
Jun 2024
0.3945
Maximum
Jun 2022
0.3112
Average
0.3358
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Melco Resorts and Entertainment Ltd | -5.751 |
| Natural Health Trends Corp | 0.00 |
| NFT Ltd | 0.00 |
| Oriental Culture Holding Ltd | -- |
| J-Long Group Ltd | 0.2003 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 43.64M |
| Total Liabilities (Quarterly) | 12.59M |
| Shareholders Equity (Quarterly) | 31.05M |
| Current Ratio | 2.288 |
| Net Debt Paydown Yield | 16.13% |