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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
52% of the 188 Companies
in the Waste Management industry.

( Industry Median: 0.53 vs. NYSE:MEG: 0.61 )

Montrose Environmental Group Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers 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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(5.583 + 170.321) / 290.073
=0.61

Montrose Environmental Group's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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
=(5.583 + 170.321) / 290.073
=0.61

* All numbers are in millions except for per share data and ratio. All numbers 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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