Mon Courtier Energie Groupe (XPAR:ALMCE) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Mon Courtier Energie Groupe Debt-to-Equity?

Mon Courtier Energie Groupe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Mon Courtier Energie Groupe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.36 Mil. Mon Courtier Energie Groupe's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €11.60 Mil. Mon Courtier Energie Groupe's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Mon Courtier Energie Groupe's Debt-to-Equity or its related term are showing as below:

XPAR:ALMCE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.16
Current: 0.03

During the past 3 years, the highest Debt-to-Equity Ratio of Mon Courtier Energie Groupe was 0.16. The lowest was 0.03. And the median was 0.09.

XPAR:ALMCE's Debt-to-Equity is ranked better than
91.38% of 928 companies
in the Business Services industry
Industry Median: 0.38 vs XPAR:ALMCE: 0.03

Mon Courtier Energie Groupe Debt-to-Equity Historical Data

The historical data trend for Mon Courtier Energie Groupe'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.

Mon Courtier Energie Groupe Debt-to-Equity Chart

Mon Courtier Energie Groupe Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.16

0.09

0.03

Mon Courtier Energie Groupe Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.16	N/A	0.09	0.04	0.03

Competitive Comparison of Mon Courtier Energie Groupe's Debt-to-Equity

For the Specialty Business Services subindustry, Mon Courtier Energie Groupe'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.

Mon Courtier Energie Groupe's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mon Courtier Energie Groupe's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mon Courtier Energie Groupe's Debt-to-Equity falls into.

Mon Courtier Energie Groupe Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mon Courtier Energie Groupe'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
	=	(0.001	+	0.356)	/	11.601
	=	0.03

Mon Courtier Energie Groupe's Debt to Equity Ratio for the quarter 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
	=	(0.001	+	0.356)	/	11.601
	=	0.03

Mon Courtier Energie Groupe (XPAR:ALMCE) 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.

Mon Courtier Energie Groupe Debt-to-Equity Related Terms

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Mon Courtier Energie Groupe (XPAR:ALMCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mon Courtier Energie Groupe SA (XPAR:ALMCE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

O4Z:Germany

Address

22-26 Quai de Bacalan, Bordeaux, FRA, 33000

Website

https://www.moncourtierenergie.com

Mon Courtier Energie Groupe SA provides energy expertise and brokerage services in France with its 23 agencies distributed on the national territory. It supports companies of all sizes in various sectors such as health, real estate, catering, hotels, shops or industry.

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