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Malibu Boats (Malibu Boats) Debt-to-Equity : 0.06 (As of Dec. 2023)


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What is Malibu Boats Debt-to-Equity?

Malibu Boats's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2 Mil. Malibu Boats's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $35 Mil. Malibu Boats's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $620 Mil. Malibu Boats's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

MBUU' s Debt-to-Equity Range Over the Past 10 Years
Min: -29.6   Med: 0.46   Max: 147.12
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Malibu Boats was 147.12. The lowest was -29.60. And the median was 0.46.

MBUU's Debt-to-Equity is ranked better than
88.6% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs MBUU: 0.06

Malibu Boats Debt-to-Equity Historical Data

The historical data trend for Malibu Boats'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.

Malibu Boats Debt-to-Equity Chart

Malibu Boats Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.33 0.39 0.24 -

Malibu Boats Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.04 - 0.11 0.06

Competitive Comparison of Malibu Boats's Debt-to-Equity

For the Recreational Vehicles subindustry, Malibu Boats'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.


Malibu Boats's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Debt-to-Equity distribution charts can be found below:

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



Malibu Boats Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Malibu Boats's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Malibu Boats's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Malibu Boats  (NAS:MBUU) 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.


Malibu Boats Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Malibu Boats's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Malibu Boats (Malibu Boats) Business Description

Traded in Other Exchanges
Address
5075 Kimberly Way, Loudon, TN, USA, 37774
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.
Executives
David Scott Black officer: Interim CFO C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Ritchie L. Anderson officer: Chief Operating Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Springer Jackie D. Jr. officer: Chief Executive Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Peter E Murphy director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Wayne R. Wilson officer: Chief Financial Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Mark W. Lanigan director, 10 percent owner 5075 KIMBERLY WAY, LOUDON TN 37774
Michael K. Hooks director, 10 percent owner 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Joan M Lewis director C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Deborah S. Kent officer: VP Human Resources 5075 KIMBERLY WAY, LOUDON TN 37774
Phillip S. Estes director 5075 KIMBERLY WAY, LOUDON TN 37774
St Clair William Paxson Jr director, officer: President of Cobalt Boats, LLC 2625 VERONA ROAD, MISSION HILLS KS 66208
Dan L. Gasper officer: VP of Product Design 5075 KIMBERLY WAY, LOUDON TN 37774
Black Canyon Investments, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Canyon Value Realization Master Fund, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067