Moog (MOG.B) Debt-to-Equity

: 0.54 (As of Dec. 2023)

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Moog's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Moog's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $920 Mil. Moog's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,707 Mil. Moog's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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 Moog's Debt-to-Equity or its related term are showing as below:

MOG.B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.71 Max: 1.13
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Moog was 1.13. The lowest was 0.44. And the median was 0.71.

MOG.B's Debt-to-Equity is ranked worse than
56.86% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs MOG.B: 0.54

Moog Debt-to-Equity Historical Data

The historical data trend for Moog'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.

Moog Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.63

0.75

0.65

0.58

0.53

Moog 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																0.60	0.61	0.63	0.53	0.54

Competitive Comparison

For the Aerospace & Defense subindustry, Moog'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.

Moog Debt-to-Equity Distribution

For the Aerospace & Defense industry and Industrials sector, Moog's Debt-to-Equity distribution charts can be found below:

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

Moog Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Moog's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(0	+	863.092)	/	1636.087
	=	0.53

Moog'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
	=	(0	+	920.103)	/	1707.217
	=	0.54

Moog (NYSE:MOG.B) 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.

Moog Debt-to-Equity Related Terms

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Moog (MOG.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Moog Inc (NYSE:MOG.B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MOG.A:USA MO7R:Germany MO7A:Germany MO7A:Germany

Address

400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018

Website

https://www.moog.com

Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.