ENGlobal (ENGlobal) Debt-to-Equity

: -6.01 (As of Dec. 2023)

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ENGlobal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.04 Mil. ENGlobal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.31 Mil. ENGlobal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.56 Mil. ENGlobal's debt to equity for the quarter that ended in Dec. 2023 was -6.01.

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

ENG' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.01 Med: 0.02 Max: 1.04
Current: -6.01

During the past 13 years, the highest Debt-to-Equity Ratio of ENGlobal was 1.04. The lowest was -6.01. And the median was 0.02.

ENG's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.43 vs ENG: -6.01

ENGlobal Debt-to-Equity Historical Data

The historical data trend for ENGlobal'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.

ENGlobal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.18

0.63

0.23

1.04

-6.01

ENGlobal 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																1.04	1.39	3.79	4.45	-6.01

Competitive Comparison

For the Engineering & Construction subindustry, ENGlobal'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.

ENGlobal Debt-to-Equity Distribution

For the Construction industry and Industrials sector, ENGlobal's Debt-to-Equity distribution charts can be found below:

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

ENGlobal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ENGlobal'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
	=	(3.036	+	6.309)	/	-1.555
	=	-6.01

ENGlobal'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
	=	(3.036	+	6.309)	/	-1.555
	=	-6.01

ENGlobal (NAS:ENG) 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.

ENGlobal Debt-to-Equity Related Terms

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

ENGlobal (ENGlobal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ENGlobal Corp (NAS:ENG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11740 Katy Freeway, Energy Tower 3, 11th floor, Houston, TX, USA, 77079

Website

https://www.englobal.com

ENGlobal Corp engages in providing engineering and professional services to the energy industry. The company operates through two segments Commercial and Government Services. The Commercial segment derives revenue on contracts from time-and-material fees charged for professional and technical services. The Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology and the maintenance of these systems primarily to the U.S. Government globally.

Executives

Margaret Kash Lassarat	director	5624 THUNDERBIRD CT, GRANBURY TX 76049
Lloyd G. Kirchner	director	10218 PINE FOREST RD., HOUSTON TX 77042
Christopher D. Sorrells	director	REG NEWCO, INC., 416 S. BELL AVENUE, AMES IA 50010
David W Gent	director
Kevin M Palma	director	5318 MORNINGSIDE AVE., DALLAS TX 75206
Darren Wayne Spriggs	officer: CFO	654 NORTH SAM HOUSTON PARKWAY EAST, SUITE 400, HOUSTON TX 77060
Roger Goran Westerlind	officer: President	654 NORTH SAM HOUSTON PARKWAY EAST, SUITE 400, HOUSTON TX 77060
Robert Bruce Williams	officer: Sr. VP, Midwest/Southwest Ops	654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060
William A Coskey	director, 10 percent owner, officer: Chairman of the Board	11740 KATY FWY., SUITE 1100, HOUSTON TX 77079
John L Kratzert	officer: Senior V P, Automation	654 N. SAM HOUSTON PARKWAY E., SUITE 400, HOUSTON TX 77060
John Michael Harrison	officer: Sr. VP, Business Development	654 N. SAM HOUSTON PKWY E., SUITE 400, HOUSTON TX 77060
Mark Allen Hess	officer: Chief Financial Officer	654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060
Robert Calvin Smith	officer: Sr. VP, Gulf Coast Operations	654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060
Rochelle D Leedy	officer: Executive Vice President	ENGLOBAL CORPORATION, 654 N. SAM HOUSTON PARKWAY E, SUITE 400, HOUSTON TX 77060-5914
Timothy Patrick Rennie	officer: Exec VP, Eng & Construction	654 N. SAM HOUSTON PKWY E, SUITE 400, HOUSTON TX 77060