MTY Food Group (MTY Food Group) Debt-to-Equity : 1.55 (As of Feb. 2024)

View and export this data going back to 2010. Start your Free Trial

What is MTY Food Group Debt-to-Equity?

MTY Food Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $88.6 Mil. MTY Food Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $848.8 Mil. MTY Food Group's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $603.9 Mil. MTY Food Group's debt to equity for the quarter that ended in Feb. 2024 was 1.55.

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 MTY Food Group's Debt-to-Equity or its related term are showing as below:

MTYFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.82 Max: 1.94
Current: 1.55

During the past 13 years, the highest Debt-to-Equity Ratio of MTY Food Group was 1.94. The lowest was 0.05. And the median was 0.82.

MTYFF's Debt-to-Equity is ranked worse than
68.21% of 302 companies
in the Restaurants industry
Industry Median: 0.945 vs MTYFF: 1.55

MTY Food Group Debt-to-Equity Historical Data

The historical data trend for MTY Food Group'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.

MTY Food Group Debt-to-Equity Chart

MTY Food Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

Get a 7-Day Free Trial

0.81

1.75

1.29

1.49

1.61

MTY Food Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															1.84	1.74	1.64	1.61	1.55

Competitive Comparison of MTY Food Group's Debt-to-Equity

For the Restaurants subindustry, MTY Food Group'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.

MTY Food Group's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Debt-to-Equity distribution charts can be found below:

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

MTY Food Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MTY Food Group's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(89.643	+	860.646)	/	591.969
	=	1.61

MTY Food Group's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(88.568	+	848.817)	/	603.941
	=	1.55

MTY Food Group (OTCPK:MTYFF) 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.

MTY Food Group Debt-to-Equity Related Terms

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

MTY Food Group (MTY Food Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (OTCPK:MTYFF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9MF:Germany MTY:Canada

Address

8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5

Website

https://www.mtygroup.com

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

MTY Food Group (MTY Food Group) Headlines

From GuruFocus

MTY Food Group Inc's Dividend Analysis

By GuruFocus Research • 02-02-2024