ME Group International (CHIX:MEGPL) Debt-to-Equity : 0.57 (As of Oct. 2023)

View and export this data going back to 2015. Start your Free Trial

What is ME Group International Debt-to-Equity?

ME Group International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £32.1 Mil. ME Group International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £58.4 Mil. ME Group International's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £159.0 Mil. ME Group International's debt to equity for the quarter that ended in Oct. 2023 was 0.57.

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

CHIX:MEGPl' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.24 Max: 0.89
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of ME Group International was 0.89. The lowest was 0.00. And the median was 0.24.

CHIX:MEGPl's Debt-to-Equity is ranked worse than
70.05% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs CHIX:MEGPl: 0.57

ME Group International Debt-to-Equity Historical Data

The historical data trend for ME Group International'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.

ME Group International Debt-to-Equity Chart

ME Group International Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Oct21

Oct22

Oct23

Debt-to-Equity

Get a 7-Day Free Trial

0.24

0.49

0.63

0.89

0.57

ME Group International Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.37	0.89	0.61	0.57

Competitive Comparison of ME Group International's Debt-to-Equity

For the Business Equipment & Supplies subindustry, ME Group International'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.

ME Group International's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

ME Group International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ME Group International's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(32.063	+	58.447)	/	158.988
	=	0.57

ME Group International's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(32.063	+	58.447)	/	158.988
	=	0.57

ME Group International (CHIX:MEGPl) 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.

ME Group International Debt-to-Equity Related Terms

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

ME Group International (CHIX:MEGPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ME Group International PLC (CHIX:MEGPl) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PHTM.GB:UK MEGP:UK PHQ:Germany

Address

Blenheim Road, Unit 3B, Epsom, London, Surrey, GBR, KT19 9AP

Website

https://www.me-group.com

ME Group International PLC operates, sells and services a wide range of instant-service vending equipment, aimed at the consumer market. The group operates vending units across 20 countries and its technological innovation is focused on four principal areas namely Photobooths and integrated biometric identification solutions; Unattended laundry services and launderettes; High-quality digital printigg kiosks and Vending equipment for the food service market. Geographically, the company operates in UK & Republic of Ireland, Asia Pacific and Continental Europe, which is the majority revenue generator.

ME Group International (CHIX:MEGPL) Headlines

No Headlines