Motorcar Parts of America (Motorcar Parts of America) Debt-to-Equity

: 0.82 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

Motorcar Parts of America's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $123.6 Mil. Motorcar Parts of America's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $107.0 Mil. Motorcar Parts of America's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $281.8 Mil. Motorcar Parts of America's debt to equity for the quarter that ended in Dec. 2023 was 0.82.

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 Motorcar Parts of America's Debt-to-Equity or its related term are showing as below:

MPAA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.57 Max: 0.92
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Motorcar Parts of America was 0.92. The lowest was 0.13. And the median was 0.57.

MPAA's Debt-to-Equity is ranked worse than
67.86% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs MPAA: 0.82

Motorcar Parts of America Debt-to-Equity Historical Data

The historical data trend for Motorcar Parts of America'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.

Motorcar Parts of America Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.49

0.88

0.60

0.82

0.87

Motorcar Parts of America 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																0.89	0.87	0.92	0.87	0.82

Competitive Comparison

For the Auto Parts subindustry, Motorcar Parts of America'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.

Motorcar Parts of America Debt-to-Equity Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcar Parts of America's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Motorcar Parts of America's Debt-to-Equity falls into.

Motorcar Parts of America Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Motorcar Parts of America's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(157.631	+	119.591)	/	320.475
	=	0.87

Motorcar Parts of America'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
	=	(123.564	+	106.951)	/	281.752
	=	0.82

Motorcar Parts of America (NAS:MPAA) 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.

Motorcar Parts of America Debt-to-Equity Related Terms

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

Motorcar Parts of America (Motorcar Parts of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motorcar Parts of America Inc (NAS:MPAA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

54M:Germany

Address

2929 California Street, Torrance, CA, USA, 90503

Website

https://www.motorcarparts.com

Motorcar Parts of America Inc is a us-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the us, of which a majority of the revenue is derived from the sales of rotating electrical products.

Executives

Rudolph J Borneo	director	50 O'FARRELL STREET, SAN FRANCISCO CA 94108
David Bryan	director	605 STAPP ROAD, BOULDER CREEK CA 95006
Bison Capital Partners Vi, L.p.	director	233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Bison Capital Partners Vi-a, L.p.	director	233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Douglas B Trussler	director	39 EAST UNION STREET, PASADENA CA 91103
Richard K Mochulsky	officer: Vice President, Sales	2929 CALIFORNIA STREET, TORRANCE CA 90505
Joseph Edwin Ferguson	director	5103 SOUTH GARTH AVENUE, LOS ANGELES CA 90056
Joffe Selwyn	director, officer: President, CEO & Chairman
Kamlesh Shah	officer: Chief Accounting Officer	C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
David Sung Lee	officer: CFO	2929 CALIFORNIA STREET, TORRANCE CA 90503
Patricia W Warfield	director	2929 CALIFORNIA STREET, TORRANCE CA 90503
Duane Franklin Miller	director	7811 FIELDSTONE RIDGE, CLARKSTON MI 48348
Jamy P. Rankin	director	C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Philip Gay	director	6300 CANOGA AVENUE, SUITE 1700, WOODLAND HILLS CA 91367
Juliet Lynn Stone	officer: VP, Gen Counsel and Secretary	C/O MOTORCAR PARTS OF AMERICA, INC., 2020 CALIFORNIA STREET, TORRANCE CA 90503