GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Maroc Leasing SA (CAS:MLE) » Definitions » Debt-to-Equity

Maroc Leasing (CAS:MLE) Debt-to-Equity : 9.45 (As of Jun. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Maroc Leasing Debt-to-Equity?

Maroc Leasing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MAD0 Mil. Maroc Leasing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MAD10,357 Mil. Maroc Leasing's Total Stockholders Equity for the quarter that ended in Jun. 2024 was MAD1,097 Mil. Maroc Leasing's debt to equity for the quarter that ended in Jun. 2024 was 9.45.

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

CAS:MLE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99   Med: 9.92   Max: 12.17
Current: 9.45

During the past 13 years, the highest Debt-to-Equity Ratio of Maroc Leasing was 12.17. The lowest was 0.99. And the median was 9.92.

CAS:MLE's Debt-to-Equity is ranked worse than
98.76% of 1454 companies
in the Banks industry
Industry Median: 0.63 vs CAS:MLE: 9.45

Maroc Leasing Debt-to-Equity Historical Data

The historical data trend for Maroc Leasing'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.

Maroc Leasing Debt-to-Equity Chart

Maroc Leasing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.97 9.92 9.48 9.43 9.54

Maroc Leasing Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.51 9.43 9.64 9.54 9.45

Competitive Comparison of Maroc Leasing's Debt-to-Equity

For the Mortgage Finance subindustry, Maroc Leasing'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.


Maroc Leasing's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Maroc Leasing's Debt-to-Equity distribution charts can be found below:

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



Maroc Leasing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maroc Leasing's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Maroc Leasing's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Maroc Leasing  (CAS:MLE) 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.


Maroc Leasing Debt-to-Equity Related Terms

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


Maroc Leasing Business Description

Traded in Other Exchanges
N/A
Address
57. Angle Boulevard Abdelmoumen et Rue Pinel, Casablanca, MAR
Maroc Leasing SA provides lease financing for real estate and furniture. It also helps in financing lease for movable and immovable property professional, commercial and industrial.

Maroc Leasing Headlines

No Headlines