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Monroe Capital (Monroe Capital) Debt-to-Equity

: 1.48 (As of Dec. 2023)
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Monroe Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Monroe Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $300.87 Mil. Monroe Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $203.72 Mil. Monroe Capital's debt to equity for the quarter that ended in Dec. 2023 was 1.48.

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

MRCC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74   Med: 1.27   Max: 1.59
Current: 1.48

During the past 13 years, the highest Debt-to-Equity Ratio of Monroe Capital was 1.59. The lowest was 0.74. And the median was 1.27.

MRCC's Debt-to-Equity is ranked worse than
92.25% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs MRCC: 1.48

Monroe Capital Debt-to-Equity Historical Data

The historical data trend for Monroe Capital'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 1.59 [6] => 1.47 [7] => 1.33 [8] => 1.47 [9] => 1.48 )
Monroe Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.47 1.33 1.47 1.48

Monroe Capital 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 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 Premium Member Only Premium Member Only Premium Member Only 1.47 1.47 1.52 1.58 1.48

Competitive Comparison

For the Asset Management subindustry, Monroe Capital'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.


Monroe Capital Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Monroe Capital's Debt-to-Equity distribution charts can be found below:

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



Monroe Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Monroe Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Monroe Capital'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.


Monroe Capital  (NAS:MRCC) 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.


Monroe Capital Debt-to-Equity Related Terms

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


Monroe Capital (Monroe Capital) Business Description

Traded in Other Exchanges
Address
311 South Wacker Drive, Suite 6400, Chicago, IL, USA, 60606
Monroe Capital Corp is a speciality finance company focused on providing financing to lower middle-market companies, in the U.S. and Canada. The company provides customized financing solutions focused on senior, unitranche and junior secured debt and unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. Its investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC.
Executives
Lewis Solimene officer: CFO and CIO C/O GSV GROWTH CREDIT FUND INC., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Caroline Davidson director 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Thomas J. Allison director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jeffrey D. Steele director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jorde M. Nathan director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Robert S Rubin director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Theodore L Koenig director, officer: Chairman, President & CEO C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Aaron Daniel Peck director, officer: See Remarks C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jeffrey A Golman director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606