The Environmental Group (ASX:EGL) Debt-to-Equity : 0.12 (As of Dec. 2024)

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What is The Environmental Group Debt-to-Equity?

The Environmental Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$1.7 Mil. The Environmental Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$3.4 Mil. The Environmental Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$42.5 Mil. The Environmental Group's debt to equity for the quarter that ended in Dec. 2024 was 0.12.

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

ASX:EGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.15 Max: 0.39
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of The Environmental Group was 0.39. The lowest was 0.04. And the median was 0.15.

ASX:EGL's Debt-to-Equity is ranked better than
70.32% of 2631 companies
in the Industrial Products industry
Industry Median: 0.28 vs ASX:EGL: 0.12

The Environmental Group Debt-to-Equity Historical Data

The historical data trend for The Environmental 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.

The Environmental Group Debt-to-Equity Chart

The Environmental Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.35

0.24

0.17

0.12

0.14

The Environmental Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.12	0.12	0.14	0.12

Competitive Comparison of The Environmental Group's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, The Environmental 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.

The Environmental Group's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

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The Environmental Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Environmental Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(1.903	+	3.616)	/	40.944
	=	0.13

The Environmental Group's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.736	+	3.445)	/	42.463
	=	0.12

The Environmental Group (ASX:EGL) 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.

The Environmental Group Debt-to-Equity Related Terms

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

The Environmental Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Environmental Group Ltd (ASX:EGL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

315 Ferntree Gulley R, Level 2, Suite 2.01, Mount Waverley, VIC, AUS, 3149

Website

https://www.environmental.com.au

The Environmental Group Ltd is a facility service and environmental solutions company. Its principal activities are the design, application, and servicing of gas and vapor emission control systems, inlet and exhaust systems for gas turbines and engineering services, and water treatment, service, and maintenance of commercial boilers and engineering services, to a wide variety of industries. Its operating segments include EGL Clean Air TAPC, EGL Clean Air Airtight, EGL Energy, EGL Turbine Enhancement, EGL Waste, and others. It generates the majority of its revenue from the EGL Energy segment.