Montagne et Neige DeveloppementCA (XPAR:ALMND) Debt-to-Equity : 3.38 (As of Dec. 2023)

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What is Montagne et Neige DeveloppementCA Debt-to-Equity?

Montagne et Neige DeveloppementCA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €18.34 Mil. Montagne et Neige DeveloppementCA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €38.58 Mil. Montagne et Neige DeveloppementCA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €16.85 Mil. Montagne et Neige DeveloppementCA's debt to equity for the quarter that ended in Dec. 2023 was 3.38.

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 Montagne et Neige DeveloppementCA's Debt-to-Equity or its related term are showing as below:

XPAR:ALMND' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.73 Med: 1.88 Max: 3.38
Current: 3.38

During the past 11 years, the highest Debt-to-Equity Ratio of Montagne et Neige DeveloppementCA was 3.38. The lowest was -4.73. And the median was 1.88.

XPAR:ALMND's Debt-to-Equity is ranked worse than
89.39% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XPAR:ALMND: 3.38

Montagne et Neige DeveloppementCA Debt-to-Equity Historical Data

The historical data trend for Montagne et Neige DeveloppementCA'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.

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Montagne et Neige DeveloppementCA Debt-to-Equity Chart

Montagne et Neige DeveloppementCA Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Jun20

Jun21

Jun22

Debt-to-Equity

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1.95

2.46

-1.72

-1.74

-1.62

Montagne et Neige DeveloppementCA Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-1.72	-1.62	-1.74	1.74	3.38

Competitive Comparison of Montagne et Neige DeveloppementCA's Debt-to-Equity

For the Leisure subindustry, Montagne et Neige DeveloppementCA'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.

Montagne et Neige DeveloppementCA's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Montagne et Neige DeveloppementCA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Montagne et Neige DeveloppementCA's Debt-to-Equity falls into.

Montagne et Neige DeveloppementCA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Montagne et Neige DeveloppementCA's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 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
	=	(9.933	+	109.33)	/	-73.826
	=	-1.62

Montagne et Neige DeveloppementCA'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
	=	(18.343	+	38.584)	/	16.846
	=	3.38

Montagne et Neige DeveloppementCA (XPAR:ALMND) 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.

Montagne et Neige DeveloppementCA Debt-to-Equity Related Terms

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Montagne et Neige DeveloppementCA (XPAR:ALMND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Montagne et Neige Developpement SACA (XPAR:ALMND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2MN0:Germany

Address

Parc d'Activités ALPESPACE, 74 Voie Magellan, Sainte-Hélène-du-Lac, FRA, 73800

Website

http://www.mnd-group.com

Montagne et Neige Developpement SACA designs and builds solutions to facilitate travel in the mountain areas. The group deals in ropeways, snowmaking tools, leisure activities and equipment, safety systems, among others.

Montagne et Neige DeveloppementCA (XPAR:ALMND) Headlines

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