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Midwest Energy Emissions (Midwest Energy Emissions) Debt-to-Equity : -14.34 (As of Dec. 2023)


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What is Midwest Energy Emissions Debt-to-Equity?

Midwest Energy Emissions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. Midwest Energy Emissions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.22 Mil. Midwest Energy Emissions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.78 Mil. Midwest Energy Emissions's debt to equity for the quarter that ended in Dec. 2023 was -14.34.

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 Midwest Energy Emissions's Debt-to-Equity or its related term are showing as below:

MEEC' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.34   Med: -1.42   Max: -0.45
Current: -14.34

During the past 13 years, the highest Debt-to-Equity Ratio of Midwest Energy Emissions was -0.45. The lowest was -14.34. And the median was -1.42.

MEEC's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs MEEC: -14.34

Midwest Energy Emissions Debt-to-Equity Historical Data

The historical data trend for Midwest Energy Emissions'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.

Midwest Energy Emissions Debt-to-Equity Chart

Midwest Energy Emissions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.51 -1.17 -1.23 -1.34 -14.34

Midwest Energy Emissions 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 -1.34 -1.21 -1.16 -1.11 -14.34

Competitive Comparison of Midwest Energy Emissions's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Midwest Energy Emissions'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.


Midwest Energy Emissions's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Midwest Energy Emissions's Debt-to-Equity distribution charts can be found below:

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



Midwest Energy Emissions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Midwest Energy Emissions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Midwest Energy Emissions'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.


Midwest Energy Emissions  (OTCPK:MEEC) 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.


Midwest Energy Emissions Debt-to-Equity Related Terms

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


Midwest Energy Emissions (Midwest Energy Emissions) Business Description

Traded in Other Exchanges
Address
1810 Jester Drive, Corsicana, TX, USA, 75109
Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.
Executives
Fiona Fitzmaurice officer: Chief Financial Officer 145 WELLINGTON ST W, TORONTO A6 M5W 4J8
Troy J Grant director 749 SHORE DRIVE, BEDFORD A5 BA4 2E2
Gregory R Powell officer: Chief Financial Officer 1140 - 3280 BLOOR STREET WEST, CENTRE TOWER 11TH FLOOR, TORONTO A6 M8X 2X3
Christopher Greenberg director 14554 EAST LUPINE DRIVE, SCOTTSDALE AZ 85259
Richard Macpherson director, 10 percent owner, officer: Pres., Sec., Treas. 1810 JESTER DRIVE, CORSICANA TX 75109
Jami L. Satterthwaite officer: Chief Accounting Officer 108 SE COUNTY ROAD 3148, CORSICANA TX 75109
Zijl Frederick Van director C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Allan T Grantham director 1160 SHORE DRIVE, BEDFORD A5 B4A2E5
Alterna Core Capital Assets Fund Ii, L.p. 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 10 CORPORATE DRIVE, SUITE 2204, BEDFORD NH 03110
Brian Lee Johnson director 654 VINEYARD DRIVE, GRAND FORKS ND 58201
Christopher Joel Lee director 6127 27TH ST S, FARGO ND 58104
John Pavlish officer: Senior VP/Chief Tech Officer 2517 KINCAID PL, THE VILLAGES FL 32163
Keith R Mcgee officer: Senior VP Bus Dev/Inv Rel 103 EAST END AVENUE, SHREWSBURY NJ 07702
Eric M. Press 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 15 RIVER ROAD, SUITE 320, WILTON CT 06897
Alterna General Partner Ii Llc 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 15 RIVER ROAD, SUITE 320, WILTON CT 06897