Macquarie Group (ASX:MQGPE.PFD) Debt-to-Equity : 1.51 (As of Sep. 2023)

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What is Macquarie Group Debt-to-Equity?

Macquarie Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$8,222.00 Mil. Macquarie Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$40,978.00 Mil. Macquarie Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$32,651.00 Mil. Macquarie Group's debt to equity for the quarter that ended in Sep. 2023 was 1.51.

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

ASX:MQGPE.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 7.43 Max: 10.18
Current: 1.51

During the past 13 years, the highest Debt-to-Equity Ratio of Macquarie Group was 10.18. The lowest was 0.43. And the median was 7.43.

ASX:MQGPE.PFD's Debt-to-Equity is ranked worse than
82.92% of 609 companies
in the Capital Markets industry
Industry Median: 0.37 vs ASX:MQGPE.PFD: 1.51

Macquarie Group Debt-to-Equity Historical Data

The historical data trend for Macquarie 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.

Macquarie Group Debt-to-Equity Chart

Macquarie Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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6.91

7.48

7.49

0.43

7.39

Macquarie Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															2.14	0.43	1.85	7.39	1.51

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

For the Capital Markets subindustry, Macquarie 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.

Macquarie Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Macquarie Group's Debt-to-Equity distribution charts can be found below:

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

Macquarie Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Macquarie Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(702	+	244175)	/	33155
	=	7.39

Macquarie Group's Debt to Equity Ratio for the quarter 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
	=	(8222	+	40978)	/	32651
	=	1.51

Macquarie Group (ASX:MQGPE.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.

Macquarie Group Debt-to-Equity Related Terms

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

Macquarie Group (ASX:MQGPE.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Macquarie Group Ltd (ASX:MQGPE.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MQBKY:USA MCQEF:USA 4M4:Germany MQGPF.PFD:Australia MQGPD.PFD:Australia MQGPC.PFD:Australia MQGPB.PFD:Australia MQG:Australia

Address

50 Martin Place, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.macquarie.com.au

Macquarie Group began trading in 1969 as Hill Samuel Australia, obtained its bank licence in 1985, and listed in 1996. It's Australia's only sizable listed investment bank, now internationally diversified, operating in asset management, banking and wealth, risk and capital solutions, and advisory.

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