Me Lin Steel JSC

Me Lin Steel JSC Net Debt/Equity

The Net Debt to Equity Ratio of Me Lin Steel JSC (MEL.VN) as of Nov 1, 2026 is 1.46. In the previous year, Net Debt to Equity Ratio was 1.41 — a change of 3.30% (higher).

Net Debt/Equity

1.46

YoY

3.30%

Last updated:

Net Debt to Equity Ratio of Me Lin Steel JSC is 2024 1.46 . Net Debt to Equity Ratio of Me Lin Steel JSC was 2023 1.41 . It decreases by 3.30% higher compared to the previous year.

The Me Lin Steel JSC Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2017
2.30 VND
Jan 1, 2018
2.54 VND
Jan 1, 2019
2.20 VND
Jan 1, 2020
1.64 VND
Jan 1, 2021
0.87 VND
Jan 1, 2022
0.92 VND
Jan 1, 2023
1.41 VND
Jan 1, 2024
1.46 VND
The Me Lin Steel JSC Net Debt/Equity history
YEARNet Debt/EquityYoY
1.46+3.30%
1.41+52.76%
0.92+6.00%
0.87-46.82%
1.64-25.38%
2.20-13.37%
2.54+10.22%
2.30-11.60%
2.60-22.22%
3.35—

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Me Lin Steel JSC Stock analysis

What does Me Lin Steel JSC do? Me Lin Steel JSC generates revenue through the manufacturing and trading of steel products, including hot rolled steel coils, cold rolled steel coils, galvanized steel coils, steel plates, wire ropes, and round steel bars. The company also trades steel production inputs like ferrosilicon and ferromanganese. Metal service functions such as shearing, bending, leveling, and edging contribute to its income stream. Additionally, the firm develops and leases residential and commercial real estate, as well as manufacturing plants and offices, diversifying its revenue sources beyond steel operations. The primary buyers of Me Lin Steel JSC's steel products are industrial clients requiring raw materials for construction and manufacturing. Metal service functions cater to clients needing processed steel materials. Real estate development and leasing target commercial and residential tenants seeking office spaces and manufacturing facilities. These segments collectively form the core customer base for the company's diverse offerings. Steel trading remains the dominant revenue driver, with hot rolled and cold rolled steel products representing key sales categories. The inclusion of metal service functions enhances value for industrial clients by providing additional processing capabilities. Real estate activities complement the steel business by utilizing underutilized assets for rental income, creating a balanced portfolio of income streams. Me Lin Steel JSC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Me Lin Steel JSC stock

Net Debt to Equity Ratio of Me Lin Steel JSC is 1.46 in 2024.

Net Debt to Equity Ratio of Me Lin Steel JSC changed from 1.41 to 1.46, representing a 3.30% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Me Lin Steel JSC since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Me Lin Steel JSC with sector peers and the industry average to assess whether it is attractive.

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Leverage — Me Lin Steel JSC

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — Me Lin Steel JSC