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Montrose Environmental Group Debt-to-Equity

: 0.61 (As of Dec. 2020)
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Montrose Environmental Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $5.6 Mil. Montrose Environmental Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $170.3 Mil. Montrose Environmental Group's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $290.1 Mil. Montrose Environmental Group's debt to equity for the quarter that ended in Dec. 2020 was 0.61.

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.

NYSE:MEG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 0.63   Max: 1.48
Current: 0.61

0.61
1.48

During the past 3 years, the highest Debt-to-Equity Ratio of Montrose Environmental Group was 1.48. The lowest was 0.61. And the median was 0.63.

NYSE:MEG's Debt-to-Equity is ranked lower than
51% of the 184 Companies
in the Waste Management industry.

( Industry Median: 0.59 vs. NYSE:MEG: 0.61 )

Montrose Environmental Group Debt-to-Equity Historical Data

* 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.

Montrose Environmental Group Annual Data
Dec18 Dec19 Dec20
Debt-to-Equity 0.63 1.48 0.61

Montrose Environmental Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 2.64 0.80 0.61 0.61

Competitive Comparison
* 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.


Montrose Environmental Group Debt-to-Equity Distribution

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



Montrose Environmental Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Montrose Environmental Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Montrose Environmental Group's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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.


Montrose Environmental Group  (NYSE:MEG) 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.


Montrose Environmental Group Debt-to-Equity Related Terms


Montrose Environmental Group Debt-to-Equity Headlines

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