What is MRC Global Debt-to-Equity?
MRC Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $326 Mil. MRC Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $195 Mil. MRC Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $843 Mil.
MRC Global's debt to equity for the quarter that ended in Dec. 2023 was 0.62.
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 MRC Global's Debt-to-Equity or its related term are showing as below:
MRC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.7 Max: 1.04
Current: 0.62
During the past 13 years, the highest Debt-to-Equity Ratio of MRC Global was 1.04. The lowest was 0.37. And the median was 0.70.
MRC Global Debt-to-Equity Historical Data
The historical data trend for MRC Global'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.
MRC Global Debt-to-Equity Chart
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MRC Global Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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0.75 |
0.86 |
0.75 |
0.75 |
0.62 |
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MRC Global Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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0.75 |
0.80 |
0.75 |
0.64 |
0.62 |
Competitive Comparison of MRC Global's Debt-to-Equity
For the Oil & Gas Equipment & Services subindustry, MRC Global'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.
MRC Global's Debt-to-Equity Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MRC Global's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MRC Global's Debt-to-Equity falls into.
MRC Global Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
MRC Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
MRC Global's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.
MRC Global (MRC Global) Business Description
Traded in Other Exchanges
N/A
Address
1301 McKinney Street, Suite 2300, Houston, TX, USA, 77010
MRC Global Inc distributes pipes, valves, fittings, and related products and services to the energy industry. Products are often used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions. In these conditions and other environments, MRC's valve products give the customer the ability to control the direction, velocity, and pressure of fluids and gases within transmission networks. In addition, other products can be used to regulate flow and on/off service. MRC's other products, which include pipe, steel fitting, and tubular goods, are used across all of the industries in which the company operates. Specialized services are delivered alongside this array of products to enhance the client relationship.
Executives
| Shweta Kurvey-mishra |
officer: See Remarks |
1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
| Anne Mcentee |
director |
1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
| Malcolm O'neal |
officer: SVP - Human Resources |
1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
| Emily K. Shields |
officer: See Remarks |
1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
| Stephen B. Smith |
officer: See Remarks |
1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
| Ronald L Jadin |
director |
100 GRAINGER PARKWAY, LAKE FOREST IL 60045 |
| George John Damiris |
director |
100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201 |
| Gillian Anderson |
officer: See Remarks |
1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
| Robert J. Saltiel |
director, officer: President and CEO |
4 GREENWAY PLAZA, HOUSTON TX 77046 |
| Rance C Long |
officer: SVP-Business Development |
1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
| John P Mccarthy |
officer: SVP-Supply Chain |
1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
| Cornell Capital Gp Ii Lp |
10 percent owner |
C/O CORNELL CAPITAL LLC, 499 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
| Cornell Investment Partners Llc |
10 percent owner |
C/O DAVIS POLK & WARDWELL LLP, ATTN: R.A DRUCKER, 450 LEXINGTON AVENUE, NEW YORK NY 10017 |
| Mario Investments Llc |
10 percent owner |
C/O DAVIS POLK & WARDWELL LLP, ATTN: R.A DRUCKER, 450 LEXINGTON AVENUE, NEW YORK NY 10017 |
| Cornell Capital Special Situations Partners Ii Lp |
10 percent owner |
C/O CORNELL CAPITAL LLC, 499 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
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