Mueller Water Products, (Mueller Water Products,) Debt-to-Equity : 0.65 (As of Dec. 2023)

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What is Mueller Water Products, Debt-to-Equity?

Mueller Water Products,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6 Mil. Mueller Water Products,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $473 Mil. Mueller Water Products,'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was $731 Mil. Mueller Water Products,'s debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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 Mueller Water Products,'s Debt-to-Equity or its related term are showing as below:

MWA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 0.8 Max: 1.84
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Mueller Water Products, was 1.84. The lowest was 0.65. And the median was 0.80.

MWA's Debt-to-Equity is ranked worse than
74.68% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs MWA: 0.65

Mueller Water Products, Debt-to-Equity Historical Data

The historical data trend for Mueller Water Products,'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.

Mueller Water Products, Debt-to-Equity Chart

Mueller Water Products, Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.76

0.74

0.68

0.71

0.66

Mueller Water Products, 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	Get a 7-Day Free Trial															0.69	0.68	0.66	0.66	0.65

Competitive Comparison of Mueller Water Products,'s Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Mueller Water Products,'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.

Mueller Water Products,'s Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Water Products,'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mueller Water Products,'s Debt-to-Equity falls into.

Mueller Water Products, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mueller Water Products,'s Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(5.6	+	466.5)	/	711.5
	=	0.66

Mueller Water Products,'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
	=	(5.9	+	472.6)	/	731.2
	=	0.65

Mueller Water Products, (NYSE:MWA) 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.

Mueller Water Products, Debt-to-Equity Related Terms

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

Mueller Water Products, (Mueller Water Products,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Water Products, Inc. (NYSE:MWA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JT5:Germany

Address

1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328

Website

https://www.muellerwaterproducts.com

Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.

Executives

Lydia W Thomas	director	ALLMERICA FINANCIAL CORP, 440 LINCOLN ST, WORCESTER MA 01653
Mark J Obrien	director	3000 BAYPORT DRIVE, SUITE 1100, TAMPA FL 33607
Thomas J Hansen	director	3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Michael T Tokarz	director	287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Kenji Takeuchi	officer: SVP, Engineering	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Chason A Carroll	officer: VP, General Counsel & Corp Sec	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Niclas Ytterdahl	director	C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Paul Mcandrew	officer: SVP, Operations & Supply Chain	1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Brian Slobodow	director	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Shirley C. Franklin	director	C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY RD., SUITE 1200, ATLANTA GA 30328
Steven S Heinrichs	officer: EVP, General Counsel and Sec	1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Todd P Helms	officer: SVP and CHRO	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Marietta Edmunds Zakas	officer: SVP-Strategy and IR	1200 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Suzanne G Smith	officer: VP and CAO	1275 PEACHTREE STREET, 6TH FLOOR, ATLANTA GA 30309
Jeffery S. Sharritts	director	1200 ABERNATHY RD., NE, STE 1200, ATLANTA GA 30328