MPower Group (ASX:MPR) Debt-to-Equity : 20.32 (As of Dec. 2023)

View and export this data going back to 1974. Start your Free Trial

What is MPower Group Debt-to-Equity?

MPower Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.12 Mil. MPower Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$17.02 Mil. MPower Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.99 Mil. MPower Group's debt to equity for the quarter that ended in Dec. 2023 was 20.32.

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

ASX:MPR' s Debt-to-Equity Range Over the Past 10 Years
Min: -16.31 Med: 0.39 Max: 20.32
Current: 20.32

During the past 13 years, the highest Debt-to-Equity Ratio of MPower Group was 20.32. The lowest was -16.31. And the median was 0.39.

ASX:MPR's Debt-to-Equity is ranked worse than
100% of 875 companies
in the Semiconductors industry
Industry Median: 0.27 vs ASX:MPR: 20.32

MPower Group Debt-to-Equity Historical Data

The historical data trend for MPower Group'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.

MPower Group Debt-to-Equity Chart

MPower Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

11.76

-1.78

-5.90

-1.37

-16.31

MPower Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-2.40	-1.37	-2.89	-16.31	20.32

Competitive Comparison of MPower Group's Debt-to-Equity

For the Solar subindustry, MPower Group'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.

MPower Group's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MPower Group's Debt-to-Equity distribution charts can be found below:

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

MPower Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MPower Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(6.28	+	8.268)	/	-0.892
	=	-16.31

MPower Group'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
	=	(3.118	+	17.019)	/	0.991
	=	20.32

MPower Group (ASX:MPR) 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.

MPower Group Debt-to-Equity Related Terms

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

MPower Group (ASX:MPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MPower Group Ltd (ASX:MPR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Bourke Road, Level 4, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.mpower.com.au

MPower Group Ltd is a technology company. The company is a specialist renewable energy and battery storage developer and owner. It specializes in the delivery of on-grid and off-grid power solutions and products for blue-chip customers. The company's operating segment includes Energy services and energy investments. It generates maximum revenue from the energy services segment. Geographically, it derives its revenue from Australia. The company's projects include Solar Farms, Battery Energy Storage Systems, Hybrid Power Systems, and Backup Power Systems.

MPower Group (ASX:MPR) Headlines

No Headlines