Mastech Digital (FRA:MS4A) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Mastech Digital Debt-to-Equity?

Mastech Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.1 Mil. Mastech Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3.2 Mil. Mastech Digital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €75.2 Mil. Mastech Digital's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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

FRA:MS4A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.53 Max: 1.66
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Mastech Digital was 1.66. The lowest was 0.04. And the median was 0.53.

FRA:MS4A's Debt-to-Equity is ranked better than
85.19% of 925 companies
in the Business Services industry
Industry Median: 0.37 vs FRA:MS4A: 0.06

Mastech Digital Debt-to-Equity Historical Data

The historical data trend for Mastech Digital'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.

Mastech Digital Debt-to-Equity Chart

Mastech Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.65

0.35

0.25

0.06

Mastech Digital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.05	0.06	0.06

Competitive Comparison of Mastech Digital's Debt-to-Equity

For the Staffing & Employment Services subindustry, Mastech Digital'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.

Mastech Digital's Debt-to-Equity Distribution in the Business Services Industry

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

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

Mastech Digital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mastech Digital's Debt to Equity Ratio for the fiscal year 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
	=	(1.133	+	3.524)	/	74.684
	=	0.06

Mastech Digital's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1.143	+	3.236)	/	75.187
	=	0.06

Mastech Digital (FRA:MS4A) 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.

Mastech Digital Debt-to-Equity Related Terms

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Mastech Digital (FRA:MS4A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mastech Digital Inc (FRA:MS4A) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

MHH:USA

Address

1305 Cherrington Parkway, Building 210, Suite 400, Moon Township, PA, USA, 15108

Website

https://www.mastechdigital.com

Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. Its digital transformation services also include staffing & project-based services around digital learning. The company derives a majority of its revenue from IT staffing services. Geographically, the majority is from the United States.

Mastech Digital (FRA:MS4A) Headlines

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