Mast Energy Developments (LSE:MAST) Debt-to-Equity : 0.55 (As of Dec. 2023)

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What is Mast Energy Developments Debt-to-Equity?

Mast Energy Developments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.30 Mil. Mast Energy Developments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.72 Mil. Mast Energy Developments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £3.68 Mil. Mast Energy Developments's debt to equity for the quarter that ended in Dec. 2023 was 0.55.

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 Mast Energy Developments's Debt-to-Equity or its related term are showing as below:

LSE:MAST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.35 Max: 0.55
Current: 0.55

During the past 3 years, the highest Debt-to-Equity Ratio of Mast Energy Developments was 0.55. The lowest was 0.32. And the median was 0.35.

LSE:MAST's Debt-to-Equity is ranked better than
63.87% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.78 vs LSE:MAST: 0.55

Mast Energy Developments Debt-to-Equity Historical Data

The historical data trend for Mast Energy Developments'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.

Mast Energy Developments Debt-to-Equity Chart

Mast Energy Developments Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.32

0.35

0.55

Mast Energy Developments Semi-Annual Data
	Mar20	Mar21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-26.14	0.36	0.35	0.42	0.55

Competitive Comparison of Mast Energy Developments's Debt-to-Equity

For the Utilities - Renewable subindustry, Mast Energy Developments'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.

Mast Energy Developments's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mast Energy Developments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mast Energy Developments's Debt-to-Equity falls into.

Mast Energy Developments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mast Energy Developments'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
	=	(1.298	+	0.724)	/	3.681
	=	0.55

Mast Energy Developments'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
	=	(1.298	+	0.724)	/	3.681
	=	0.55

Mast Energy Developments (LSE:MAST) 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.

Mast Energy Developments Debt-to-Equity Related Terms

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Mast Energy Developments (LSE:MAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mast Energy Developments PLC (LSE:MAST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

97D:Germany

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.med.energy

Mast Energy Developments PLC is a UK-based multi-asset operator in the Reserve Power market. The company's business is to acquire and develop a portfolio of flexible small-scale power generation assets, exploiting a growing niche market in the UK for reserve power generation to balance out the national grid at critical times.

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