Name: Equity Multiplier

Definition: The equity multiplier shows how much total assets the company controls for every dollar invested by shareholders. It reflects how much debt is being used to stretch owners’ equity. A higher multiplier means greater use of debt to amplify returns — but also amplifies risk if things go wrong. Lower multipliers suggest a safer, more self-funded business.

Interpretation:
• In '2022', MKDWW's equity multiplier was 10.81, representing the level of financial leverage utilized. Industry average for Consumer Electronics/Appliances in '2022' stood at 2.14.
• In '2023', MKDWW's equity multiplier was 15.39, representing the level of financial leverage utilized. The increase compared to '2022' may signal growing financial pressure. Industry average for Consumer Electronics/Appliances in '2023' stood at 2.43. Industry average increased by 0.29 compared to previous year.
• In '2023', MKDWW's equity multiplier was 15.39, representing the level of financial leverage utilized. The figure remained stable compared to '2023'. Industry average for Consumer Electronics/Appliances in '2023' stood at 2.43. Industry average remained unchanged from prior year.
• In '2024', MKDWW's equity multiplier was -2.11, representing the level of financial leverage utilized. The decrease since '2023' reflects improving financial health. Industry average for Consumer Electronics/Appliances in '2024' stood at 2.36. Industry average declined by 0.07 from previous year.
Overall, MKDWW's equity multiplier has been volatile but showed a downward trend over the past 4 years.

Formula: Equity Multiplier = Total Assets / Shareholders' Equity

Good Range: Usually ranges from 1.5 to 3 depending on industry.