Marlborough Wine Estates Group (NZSE:MWE) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is Marlborough Wine Estates Group Debt-to-Equity?

Marlborough Wine Estates Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$1.17 Mil. Marlborough Wine Estates Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$7.05 Mil. Marlborough Wine Estates Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$30.31 Mil. Marlborough Wine Estates Group's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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

NZSE:MWE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.36 Max: 0.56
Current: 0.27

During the past 8 years, the highest Debt-to-Equity Ratio of Marlborough Wine Estates Group was 0.56. The lowest was 0.21. And the median was 0.36.

NZSE:MWE's Debt-to-Equity is ranked better than
60.77% of 181 companies
in the Beverages - Alcoholic industry
Industry Median: 0.39 vs NZSE:MWE: 0.27

Marlborough Wine Estates Group Debt-to-Equity Historical Data

The historical data trend for Marlborough Wine Estates 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.

Marlborough Wine Estates Group Debt-to-Equity Chart

Marlborough Wine Estates Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.49

0.41

0.33

0.22

0.21

Marlborough Wine Estates Group Semi-Annual Data
	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											0.32	0.22	0.23	0.21	0.27

Competitive Comparison of Marlborough Wine Estates Group's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Marlborough Wine Estates 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.

Marlborough Wine Estates Group's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Marlborough Wine Estates Group's Debt-to-Equity distribution charts can be found below:

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

Marlborough Wine Estates Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marlborough Wine Estates 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
	=	(0.159	+	6.459)	/	31.08
	=	0.21

Marlborough Wine Estates 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
	=	(1.167	+	7.045)	/	30.306
	=	0.27

Marlborough Wine Estates Group (NZSE:MWE) 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.

Marlborough Wine Estates Group Debt-to-Equity Related Terms

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Marlborough Wine Estates Group (NZSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Marlborough Wine Estates Group Ltd (NZSE:MWE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Kingdon Street, Level 6, Newmarket, Central, Auckland, NTL, NZL

Website

https://www.nzmwe.com

Marlborough Wine Estates Group Ltd is a New Zealand-based company engaged in vineyard maintenance, grape production, and winemaking. It operates under the brand names of O:TU wines and Music Bay. The group operates in various geographical areas including New Zealand and Oceania; United States; UK/Europe; Australasia and Others. It derives a majority of its revenue from New Zealand and Oceania.