McBride (LSE:MCB) Debt-to-Equity : 3.67 (As of Dec. 2023)

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What is McBride Debt-to-Equity?

McBride's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £66.5 Mil. McBride's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £93.5 Mil. McBride's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £43.6 Mil. McBride's debt to equity for the quarter that ended in Dec. 2023 was 3.67.

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 McBride's Debt-to-Equity or its related term are showing as below:

LSE:MCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.6 Med: 2.04 Max: 4.76
Current: 3.67

During the past 13 years, the highest Debt-to-Equity Ratio of McBride was 4.76. The lowest was 1.60. And the median was 2.04.

LSE:MCB's Debt-to-Equity is ranked worse than
97.13% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs LSE:MCB: 3.67

McBride Debt-to-Equity Historical Data

The historical data trend for McBride'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.

McBride Debt-to-Equity Chart

McBride Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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2.11

2.18

2.05

2.96

4.53

McBride Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.60	2.96	4.76	4.53	3.67

Competitive Comparison of McBride's Debt-to-Equity

For the Household & Personal Products subindustry, McBride'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.

McBride's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, McBride's Debt-to-Equity distribution charts can be found below:

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

McBride Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

McBride'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
	=	(52.8	+	115.3)	/	37.1
	=	4.53

McBride'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
	=	(66.5	+	93.5)	/	43.6
	=	3.67

McBride (LSE:MCB) 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.

McBride Debt-to-Equity Related Terms

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McBride (LSE:MCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » McBride PLC (LSE:MCB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MCBl:UK 10W:Germany

Address

Middleton Way, Middleton, Manchester, GBR, M24 4DP

Website

https://www.mcbride.co.uk

McBride PLC is a manufacturer and distributer of cleaning products for the domestic household and professional cleaning and hygiene markets. The company's operating segment includes Liquids; Unit Dosing; Powders; Aerosols; Asia Pacific and Corporate. It generates maximum revenue from the Liquids segment. The Liquids segment includes anything sold in a bottle or pouch, such as washing up liquid, bleach, and disinfecting sprays. Geographically, it derives a majority of its revenue from Other European regions.