Melrose Industries (LSE:MRO) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is Melrose Industries Debt-to-Equity?

Melrose Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £94 Mil. Melrose Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £728 Mil. Melrose Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £3,567 Mil. Melrose Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 Melrose Industries's Debt-to-Equity or its related term are showing as below:

LSE:MRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.31 Max: 0.58
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Melrose Industries was 0.58. The lowest was 0.23. And the median was 0.31.

LSE:MRO's Debt-to-Equity is ranked better than
56.76% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs LSE:MRO: 0.23

Melrose Industries Debt-to-Equity Historical Data

The historical data trend for Melrose Industries'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.

Melrose Industries Debt-to-Equity Chart

Melrose Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.58

0.52

0.23

0.26

0.23

Melrose Industries Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.26	0.26	0.23	0.23

Competitive Comparison of Melrose Industries's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Melrose Industries'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.

Melrose Industries's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Melrose Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Melrose Industries'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
	=	(94	+	728)	/	3567
	=	0.23

Melrose Industries'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
	=	(94	+	728)	/	3567
	=	0.23

Melrose Industries (LSE:MRO) 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.

Melrose Industries Debt-to-Equity Related Terms

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

Melrose Industries (LSE:MRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Melrose Industries PLC (LSE:MRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MLSPF:USA MROl:UK 27M:Germany

Address

5 Stratton Street, Stratton House, London, GBR, W1J 8LA

Website

https://www.melroseplc.net

Melrose Industries PLC owns manufacturing and industrial businesses operating in several different geographical regions and sectors. Its operating segments consist of Aerospace; Automotive; Powder Metallurgy and Other Industrial segment. The aerospace segment is a multi-technology supplier of both civil and defense air frames and engine structures. The automotive segment is a technology and systems engineer which designs, develops, manufactures, and integrates an extensive range of driveline technologies, including electric vehicle components. The powder Metallurgy segment provides precision powder metal parts for the automotive and industrial sectors, as well as the production of powder metal. Other Industrial segment comprises the Group's Ergotron business.