What is Miller Industries Debt-to-Equity?
Miller Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Miller Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $61 Mil. Miller Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $348 Mil.
Miller Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.17.
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 Miller Industries's Debt-to-Equity or its related term are showing as below:
MLR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.18
Current: 0.18
During the past 13 years, the highest Debt-to-Equity Ratio of Miller Industries was 0.18. The lowest was 0.00. And the median was 0.04.
Miller Industries Debt-to-Equity Historical Data
The historical data trend for Miller 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.
Miller Industries Debt-to-Equity Chart
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Miller Industries Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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0.03 |
0.01 |
- |
0.16 |
0.18 |
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Miller Industries Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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0.16 |
0.15 |
0.19 |
0.18 |
0.18 |
Competitive Comparison of Miller Industries's Debt-to-Equity
For the Auto Parts subindustry, Miller 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.
Miller Industries's Debt-to-Equity Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Miller Industries's Debt-to-Equity falls into.
Miller Industries Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Miller Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Miller Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.
Miller Industries (Miller Industries) Business Description
Traded in Other Exchanges
N/A
Address
8503 Hilltop Drive, Ooltewah, TN, USA, 37363
Miller Industries Inc is engaged in the manufacturing of vehicle towing and recovery equipment. The company produces wreckers, car carriers, and trailer bodies under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. The products are sold primarily in North America, Canada, and Mexico through independent distributors.
Executives
| Jill Sutton |
director |
313 IRON HORSE WAY, PROVIDENCE RI 02908 |
| Peter Lee Jackson |
director |
8503 HILLTOP DRIVE, OOLTEWAH TN 37363 |
| Javier A Reyes |
director |
65 FALLING WATER LANE, MORGANTOWN WV 26508 |
| Susan E Sweeney |
director |
5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209 |
| Jeffrey I Badgley |
officer: Co-CEO |
|
| Miller William G. Ii |
director, officer: CEO and President |
8503 HILLTOP DRIVE, OOLTEWAH TN 37363 |
| Josias W. Reyneke |
officer: Chief Information Officer |
8503 HILLTOP DRIVE, OOLTEWAH TN 37363 |
| Deborah L Whitmire |
director, officer: Chief Financial Officer |
8503 HILLTOP DRIVE, OOLTEWAH TN 37363 |
| Frank Madonia |
officer: Executive VP, Secretary & GC |
|
| Vincent J. Tiano |
officer: Vice President and CRO |
8515 CAVANAUGH LANE, HIXSON TN 37343 |
| Jamison Linden |
officer: Vice President and CMO |
8503 HILLTOP DRIVE, OOLTEWAH TN 37363 |
| Leigh Walton |
director |
150 THIRD AVENUE SOUTH, SUITE 2800, NASHVILLE TN 37201 |
| Ashford Theodore H. Iii |
director |
909 STUART ROAD, WILMINGTON DE 19807 |
| Richard H Roberts |
director |
C/O MILLER INDUSTRIES, INC., 8503 HILLTOP DRIVE, OOLTEWAH TN 37363 |
| Chandler A Russell Iii |
director |
C/O KILPATRICK STOCKTON LLP, 110 PEACHTREE STREET SUITE 2800, ATLANTA GA 30309 |
Miller Industries (Miller Industries) Headlines
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