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ENGlobal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.04 Mil. ENGlobal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.31 Mil. ENGlobal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.56 Mil. ENGlobal's debt to equity for the quarter that ended in Dec. 2023 was -6.01.
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 ENGlobal's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of ENGlobal was 1.04. The lowest was -6.01. And the median was 0.02.
The historical data trend for ENGlobal'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.
ENGlobal Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.18 | 0.63 | 0.23 | 1.04 | -6.01 |
ENGlobal Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Debt-to-Equity | Get a 7-Day Free Trial | 1.04 | 1.39 | 3.79 | 4.45 | -6.01 |
For the Engineering & Construction subindustry, ENGlobal'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.
For the Construction industry and Industrials sector, ENGlobal's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ENGlobal's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
ENGlobal'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 | |
= | (3.036 | + | 6.309) | / | -1.555 | |
= | -6.01 |
ENGlobal'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 | |
= | (3.036 | + | 6.309) | / | -1.555 | |
= | -6.01 |
* 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.
ENGlobal (NAS:ENG) 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.
Thank you for viewing the detailed overview of ENGlobal's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Margaret Kash Lassarat | director | 5624 THUNDERBIRD CT, GRANBURY TX 76049 |
Lloyd G. Kirchner | director | 10218 PINE FOREST RD., HOUSTON TX 77042 |
Christopher D. Sorrells | director | REG NEWCO, INC., 416 S. BELL AVENUE, AMES IA 50010 |
David W Gent | director | |
Kevin M Palma | director | 5318 MORNINGSIDE AVE., DALLAS TX 75206 |
Darren Wayne Spriggs | officer: CFO | 654 NORTH SAM HOUSTON PARKWAY EAST, SUITE 400, HOUSTON TX 77060 |
Roger Goran Westerlind | officer: President | 654 NORTH SAM HOUSTON PARKWAY EAST, SUITE 400, HOUSTON TX 77060 |
Robert Bruce Williams | officer: Sr. VP, Midwest/Southwest Ops | 654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060 |
William A Coskey | director, 10 percent owner, officer: Chairman of the Board | 11740 KATY FWY., SUITE 1100, HOUSTON TX 77079 |
John L Kratzert | officer: Senior V P, Automation | 654 N. SAM HOUSTON PARKWAY E., SUITE 400, HOUSTON TX 77060 |
John Michael Harrison | officer: Sr. VP, Business Development | 654 N. SAM HOUSTON PKWY E., SUITE 400, HOUSTON TX 77060 |
Mark Allen Hess | officer: Chief Financial Officer | 654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060 |
Robert Calvin Smith | officer: Sr. VP, Gulf Coast Operations | 654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060 |
Rochelle D Leedy | officer: Executive Vice President | ENGLOBAL CORPORATION, 654 N. SAM HOUSTON PARKWAY E, SUITE 400, HOUSTON TX 77060-5914 |
Timothy Patrick Rennie | officer: Exec VP, Eng & Construction | 654 N. SAM HOUSTON PKWY E, SUITE 400, HOUSTON TX 77060 |
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