Encore Capital Group (Encore Capital Group) Debt-to-Equity : 3.54 (As of Dec. 2023)

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What is Encore Capital Group Debt-to-Equity?

Encore Capital Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $500 Mil. Encore Capital Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,818 Mil. Encore Capital Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $937 Mil. Encore Capital Group's debt to equity for the quarter that ended in Dec. 2023 was 3.54.

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

ECPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.46 Med: 3.91 Max: 5.92
Current: 3.54

During the past 13 years, the highest Debt-to-Equity Ratio of Encore Capital Group was 5.92. The lowest was 2.46. And the median was 3.91.

ECPG's Debt-to-Equity is ranked worse than
93.9% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs ECPG: 3.54

Encore Capital Group Debt-to-Equity Historical Data

The historical data trend for Encore Capital Group'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.

Encore Capital Group Debt-to-Equity Chart

Encore Capital Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.44

2.70

2.53

2.46

3.54

Encore Capital Group 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															2.46	2.60	2.60	2.60	3.54

Competitive Comparison of Encore Capital Group's Debt-to-Equity

For the Mortgage Finance subindustry, Encore Capital Group'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.

Encore Capital Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Encore Capital Group's Debt-to-Equity distribution charts can be found below:

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

Encore Capital Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Encore Capital Group'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
	=	(499.646	+	2818.385)	/	936.538
	=	3.54

Encore Capital Group'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
	=	(499.646	+	2818.385)	/	936.538
	=	3.54

Encore Capital Group (NAS:ECPG) 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.

Encore Capital Group Debt-to-Equity Related Terms

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

Encore Capital Group (Encore Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Encore Capital Group Inc (NAS:ECPG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ECP:Germany

Address

350 Camino De La Reina, Suite 100, San Diego, CA, USA, 92108

Website

https://www.encorecapital.com

Encore Capital Group Inc is a specialty finance company. It provides debt recovery solutions for consumers and property owners across a broad range of financial assets. The company purchase portfolios of defaulted consumer receivables at deep discounts to face value and manage them by working with individuals as the consumer repay their obligations and work toward financial recovery. Encore has only a reportable segment being portfolio purchasing and recovery.

Executives

Jonathan C Clark	officer: Executive VP, CFO & Treasurer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Laura Olle	director	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
John Yung	officer: President, Intl. and Cabot	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
William C. Goings	director	1015 A ST, TACOMA WA 98402
Andrew Eric Asch	officer: SVP, General Counsel	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92627
Ryan B Bell	officer: EVP and COO of MCM	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO, CA 92108
Gregory L. Call	officer: Sr. VP, GC & Secretary	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Peter Reck	officer: Chief Accounting Officer	C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Wendy Hannam	director	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Craig A. Buick	officer: Cabot Credit Management CEO	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
A. Knight Angela	director	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Jeffrey Albert Hilzinger	director	3 CEDAR RIDGE DRIVE, CHESTER NJ 07930
Jcf Iii Europe Holdings L.p.	10 percent owner	C/O J.C. FLOWERS & CO., 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
Ashish Masih	officer: EVP, US Debt Purchasing & Ops.	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Kenneth J Stannard	officer: Cabot Credit Management CEO	350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108