Montfort Capital (TSXV:MONT.PR.A.PFD) Debt-to-Equity : 11.70 (As of Mar. 2024)

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What is Montfort Capital Debt-to-Equity?

Montfort Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$323.11 Mil. Montfort Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$63.41 Mil. Montfort Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$33.05 Mil. Montfort Capital's debt to equity for the quarter that ended in Mar. 2024 was 11.69.

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

TSXV:MONT.PR.A.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 1.92 Max: 11.7
Current: 11.7

During the past 13 years, the highest Debt-to-Equity Ratio of Montfort Capital was 11.70. The lowest was 0.26. And the median was 1.92.

TSXV:MONT.PR.A.PFD's Debt-to-Equity is ranked worse than
99.4% of 1008 companies
in the Asset Management industry
Industry Median: 0.19 vs TSXV:MONT.PR.A.PFD: 11.70

Montfort Capital Debt-to-Equity Historical Data

The historical data trend for Montfort 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.

Montfort Capital Debt-to-Equity Chart

Montfort Capital Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.55

0.92

5.64

7.44

9.87

Montfort Capital Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															6.89	7.26	7.64	9.87	11.70

Competitive Comparison of Montfort Capital's Debt-to-Equity

For the Asset Management subindustry, Montfort 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.

Montfort Capital's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Montfort Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Montfort Capital'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
	=	(335.394	+	17.599)	/	35.775
	=	9.87

Montfort Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(323.11	+	63.408)	/	33.05
	=	11.69

Montfort Capital (TSXV:MONT.PR.A.PFD) 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.

Montfort Capital Debt-to-Equity Related Terms

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

Montfort Capital (TSXV:MONT.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Montfort Capital Corp (TSXV:MONT.PR.A.PFD) » Definitions » Debt-to-Equity

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MONTF:USA MONT:Canada

Address

181 Bay Street, Suite 2920, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3

Website

https://www.montfortcapital.com

Montfort Capital Corp manages a diversified family of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee-related performance. Montfort facilitates transparency for all its investors through public company reporting. Its mission is to create value for shareholders by leveraging a tech-enabled lending platform to provide private debt capital to growing businesses through its group of specialty finance companies.

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