GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Merlin Entertainments PLC (GREY:MERLY) » Definitions » Debt-to-Equity

Merlin Entertainments (Merlin Entertainments) Debt-to-Equity : 1.39 (As of Jun. 2019)


View and export this data going back to 2014. Start your Free Trial

What is Merlin Entertainments Debt-to-Equity?

Merlin Entertainments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $58 Mil. Merlin Entertainments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $2,853 Mil. Merlin Entertainments's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $2,091 Mil. Merlin Entertainments's debt to equity for the quarter that ended in Jun. 2019 was 1.39.

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 Merlin Entertainments's Debt-to-Equity or its related term are showing as below:

MERLY's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Merlin Entertainments Debt-to-Equity Historical Data

The historical data trend for Merlin Entertainments'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.

Merlin Entertainments Debt-to-Equity Chart

Merlin Entertainments Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.95 0.87 0.94 0.75

Merlin Entertainments Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.94 0.87 0.75 1.39

Competitive Comparison of Merlin Entertainments's Debt-to-Equity

For the Entertainment subindustry, Merlin Entertainments'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.


Merlin Entertainments's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Merlin Entertainments's Debt-to-Equity distribution charts can be found below:

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



Merlin Entertainments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Merlin Entertainments's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Merlin Entertainments's Debt to Equity Ratio for the quarter that ended in Jun. 2019 is calculated as

* 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.


Merlin Entertainments  (GREY:MERLY) 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.


Merlin Entertainments Debt-to-Equity Related Terms

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


Merlin Entertainments (Merlin Entertainments) Business Description

Traded in Other Exchanges
N/A
Address
25 West Street, Link House, Poole, Dorset, GBR, BH15 1LD
Merlin Entertainments PLC is a diversified media company that primarily operates theme parks. Merlin has three business segments: Midway Attractions, LEGOLAND Parks, and Resort Theme Parks. The Midway Attractions segment, which accounts for the largest percentage of revenue, operates 100 attractions globally that are typically smaller, indoor venues. These brands include Madame Tussauds, The London Eye, and the London Dungeon. The LEGOLAND segment operates several large LEGO-based theme parks around the world. These parks are either owned, leased, or under operational control through a management contract. The Resort Theme Park segment operates other large, outdoor entertainment-based attractions.

Merlin Entertainments (Merlin Entertainments) Headlines