Marshall Monteagle (JSE:MMP) Debt-to-Equity : 0.15 (As of Sep. 2023)

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What is Marshall Monteagle Debt-to-Equity?

Marshall Monteagle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R115 Mil. Marshall Monteagle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R121 Mil. Marshall Monteagle's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R1,602 Mil. Marshall Monteagle's debt to equity for the quarter that ended in Sep. 2023 was 0.15.

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

JSE:MMP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.24 Max: 0.34
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Marshall Monteagle was 0.34. The lowest was 0.01. And the median was 0.24.

JSE:MMP's Debt-to-Equity is ranked better than
74.63% of 134 companies
in the Industrial Distribution industry
Industry Median: 0.51 vs JSE:MMP: 0.15

Marshall Monteagle Debt-to-Equity Historical Data

The historical data trend for Marshall Monteagle'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.

Marshall Monteagle Debt-to-Equity Chart

Marshall Monteagle Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Mar23

Debt-to-Equity

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0.28

0.34

0.24

0.25

0.20

Marshall Monteagle Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.13	0.12	0.20	0.15

Competitive Comparison of Marshall Monteagle's Debt-to-Equity

For the Industrial Distribution subindustry, Marshall Monteagle'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.

Marshall Monteagle's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Marshall Monteagle's Debt-to-Equity distribution charts can be found below:

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

Marshall Monteagle Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marshall Monteagle's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(198.645	+	117.336)	/	1558.814
	=	0.20

Marshall Monteagle's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(114.837	+	121.21)	/	1601.615
	=	0.15

Marshall Monteagle (JSE:MMP) 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.

Marshall Monteagle Debt-to-Equity Related Terms

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Marshall Monteagle (JSE:MMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Marshall Monteagle PLC (JSE:MMP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH

Website

https://www.monteaglegroup.com

Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.