Mayr-Melnhof Karton AG (WBO:MMK) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Mayr-Melnhof Karton AG Debt-to-Equity?

Mayr-Melnhof Karton AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Mayr-Melnhof Karton AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Mayr-Melnhof Karton AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,030 Mil. Mayr-Melnhof Karton AG's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Mayr-Melnhof Karton AG's Debt-to-Equity or its related term are showing as below:

WBO:MMK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.23 Max: 1.01
Current: 1

During the past 13 years, the highest Debt-to-Equity Ratio of Mayr-Melnhof Karton AG was 1.01. The lowest was 0.15. And the median was 0.23.

WBO:MMK's Debt-to-Equity is ranked worse than
80.58% of 345 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs WBO:MMK: 1.00

Mayr-Melnhof Karton AG Debt-to-Equity Historical Data

The historical data trend for Mayr-Melnhof Karton AG'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.

Mayr-Melnhof Karton AG Debt-to-Equity Chart

Mayr-Melnhof Karton AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.17

0.86

0.90

1.01

Mayr-Melnhof Karton AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	0.93	-	1.01	-

Competitive Comparison of Mayr-Melnhof Karton AG's Debt-to-Equity

For the Packaging & Containers subindustry, Mayr-Melnhof Karton AG'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.

Mayr-Melnhof Karton AG's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mayr-Melnhof Karton AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mayr-Melnhof Karton AG's Debt-to-Equity falls into.

Mayr-Melnhof Karton AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mayr-Melnhof Karton AG's Debt to Equity Ratio for the fiscal year 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
	=	(250.514	+	1768.942)	/	2006.871
	=	1.01

Mayr-Melnhof Karton AG's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	0)	/	2029.541
	=	0.00

Mayr-Melnhof Karton AG (WBO:MMK) 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.

Mayr-Melnhof Karton AG Debt-to-Equity Related Terms

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Mayr-Melnhof Karton AG (WBO:MMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mayr-Melnhof Karton AG (WBO:MMK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0NZ7:UK MYM:Germany

Address

Brahmsplatz 6, Vienna, AUT, A-1040

Website

https://www.mm.group

Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.

Executives

Dr. Nikolaus Ankershofen	Supervisory Board
Mmag. Peter Oswald	Board of Directors
Univ.-prof. Dr. Klaus Rabel	Supervisory Board

Mayr-Melnhof Karton AG (WBO:MMK) Headlines

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