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Great Elm Group (Great Elm Group) Debt-to-Equity : 0.95 (As of Dec. 2023)


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What is Great Elm Group Debt-to-Equity?

Great Elm Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.27 Mil. Great Elm Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $64.12 Mil. Great Elm Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $67.60 Mil. Great Elm Group's debt to equity for the quarter that ended in Dec. 2023 was 0.95.

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 Great Elm Group's Debt-to-Equity or its related term are showing as below:

GEG' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.4   Med: 0.96   Max: 19.95
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Great Elm Group was 19.95. The lowest was -4.40. And the median was 0.96.

GEG's Debt-to-Equity is ranked worse than
86.05% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs GEG: 0.95

Great Elm Group Debt-to-Equity Historical Data

The historical data trend for Great Elm Group'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.

Great Elm Group Debt-to-Equity Chart

Great Elm Group 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 1.67 0.94 0.95 2.02 0.99

Great Elm Group 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 1.53 0.91 0.99 0.94 0.95

Competitive Comparison of Great Elm Group's Debt-to-Equity

For the Asset Management subindustry, Great Elm Group'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.


Great Elm Group's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Great Elm Group's Debt-to-Equity distribution charts can be found below:

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



Great Elm Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great Elm Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Great Elm Group'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.


Great Elm Group  (NAS:GEG) 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.


Great Elm Group Debt-to-Equity Related Terms

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


Great Elm Group (Great Elm Group) Business Description

Traded in Other Exchanges
Address
800 South Street, Suite 230, Waltham, MA, USA, 02453
Great Elm Group Inc operates as a holding company. It focuses on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The company's only segment is investment management.
Executives
Jason W. Reese director, 10 percent owner C/O IMPERIAL CAPITAL ASSET MANAGEMENT, L, 10100 SANTA MONICA BLVD. SUITE 2400, LOS ANGELES CA 90067
James H Hugar director C/O VITESSE SEMICONDUCTOR CORPORATION, 4721 CALLE CARGA, CAMARILLO CA 93012
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Northern Right Capital Management, L.p. 10 percent owner, other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Keri Davis officer: Chief Financial Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Imperial Capital Group Holdings Ii, Llc 10 percent owner 3801 PGA BOULEVARD, SUITE 603, PALM BEACH GARDENS FL 33410
Adam M Kleinman officer: President 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Peter A Reed officer: Chief Executive Officer C/O UNWIRED PLANET, INC., 170 S. VIRGINIA STREET SUITE 201, RENO NV 89501
Nichole Milz officer: Chief Operating Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Nrc Partners I, Lp 10 percent owner 9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Northern Right Capital (qp), L.p. 10 percent owner 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc 10 percent owner 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
David Matter director 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Thomas S Harbin director SOURCE CAPITAL, LLC, 75 FOURTEENTH STREET, SUITE 2700, ATLANTA GA 30309
James P Parmelee director 100 UNION SQUARE DRIVE, NEW HOPE PA 18938