Mader Group (ASX:MAD) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Mader Group Debt-to-Equity?

Mader Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$21.5 Mil. Mader Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$44.4 Mil. Mader Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$137.6 Mil. Mader Group's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

ASX:MAD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.54 Max: 1.12
Current: 0.48

During the past 4 years, the highest Debt-to-Equity Ratio of Mader Group was 1.12. The lowest was 0.45. And the median was 0.54.

ASX:MAD's Debt-to-Equity is ranked worse than
54.3% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs ASX:MAD: 0.48

Mader Group Debt-to-Equity Historical Data

The historical data trend for Mader 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.

Mader Group Debt-to-Equity Chart

Mader Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.57

0.51

0.49

0.54

Mader Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.45	0.49	0.69	0.54	0.48

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

For the Specialty Business Services subindustry, Mader 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.

Mader Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mader Group's Debt-to-Equity distribution charts can be found below:

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

Mader Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mader 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
	=	(16.45	+	47.954)	/	119.644
	=	0.54

Mader 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
	=	(21.469	+	44.44)	/	137.559
	=	0.48

Mader Group (ASX:MAD) 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.

Mader Group Debt-to-Equity Related Terms

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

Mader Group (ASX:MAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mader Group Ltd (ASX:MAD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MADGF:USA

Address

2 George Wiencke Drive, Perth Airport, Suite A1, Hkew Alpha Building, Perth, WA, AUS, 6105

Website

https://www.madergroup.com.au

Mader Group Ltd is a maintenance services company that supplies tradespeople to resource industry customers. It provides specialized contract labour for the maintenance of heavy mobile equipment in the resources industry. The services provided include maintenance labour, field support, shutdown teams for overhauls, maintenance workshops, training of maintenance teams, and a range of other ancillary services. Its geographical segments include Australia, the United States, and others, of which the majority of the revenue comes from Australia.

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