Emeco Holdings (Emeco Holdings) Debt-to-Equity : 0.59 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Emeco Holdings Debt-to-Equity?

Emeco Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $34.2 Mil. Emeco Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $203.1 Mil. Emeco Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $404.2 Mil. Emeco Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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

EOHDF' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.72 Med: 1.22 Max: 63
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of Emeco Holdings was 63.00. The lowest was -15.72. And the median was 1.22.

EOHDF's Debt-to-Equity is ranked worse than
60.11% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs EOHDF: 0.59

Emeco Holdings Debt-to-Equity Historical Data

The historical data trend for Emeco Holdings'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.

Emeco Holdings Debt-to-Equity Chart

Emeco Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

2.36

1.74

0.56

0.53

0.55

Emeco Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.54	0.53	0.64	0.55	0.59

Competitive Comparison of Emeco Holdings's Debt-to-Equity

For the Rental & Leasing Services subindustry, Emeco Holdings'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.

Emeco Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Emeco Holdings's Debt-to-Equity distribution charts can be found below:

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

Emeco Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emeco Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(15.937	+	200.605)	/	395.6
	=	0.55

Emeco Holdings'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
	=	(34.214	+	203.093)	/	404.214
	=	0.59

Emeco Holdings (OTCPK:EOHDF) 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.

Emeco Holdings Debt-to-Equity Related Terms

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

Emeco Holdings (Emeco Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Emeco Holdings Ltd (OTCPK:EOHDF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

E3A:Germany EHL:Australia

Address

133 Hasler Road, Level 3, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.emecogroup.com

Emeco Holdings Ltd owns and operates a fleet of original equipment manufacturer machines to deliver equipment rental solutions. Its reportable segments are Australian Rental that provides a wide range of earthmoving equipment to customers in Australia, Australian Workshops which is engaged in providing maintenance services to customers in Australia and Pit N Portal which provides a range of mining services solutions and associated services to customers in Australia.. The company generates a majority of its revenue from the Australian Rental Segment. Geographically, it generates a majority of its revenue from Australia.

Emeco Holdings (Emeco Holdings) Headlines

From GuruFocus

Half Year 2024 Emeco Holdings Ltd Earnings Call Transcript

By GuruFocus Research • 02-28-2024