Mercantile Ports and Logistics (LSE:MPL) Debt-to-Equity : 0.47 (As of Jun. 2023)

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What is Mercantile Ports and Logistics Debt-to-Equity?

Mercantile Ports and Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £5.60 Mil. Mercantile Ports and Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £36.81 Mil. Mercantile Ports and Logistics's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £91.02 Mil. Mercantile Ports and Logistics's debt to equity for the quarter that ended in Jun. 2023 was 0.47.

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 Mercantile Ports and Logistics's Debt-to-Equity or its related term are showing as below:

LSE:MPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.38 Max: 0.49
Current: 0.47

During the past 12 years, the highest Debt-to-Equity Ratio of Mercantile Ports and Logistics was 0.49. The lowest was 0.00. And the median was 0.38.

LSE:MPL's Debt-to-Equity is ranked better than
55.72% of 883 companies
in the Transportation industry
Industry Median: 0.57 vs LSE:MPL: 0.47

Mercantile Ports and Logistics Debt-to-Equity Historical Data

The historical data trend for Mercantile Ports and Logistics'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.

Mercantile Ports and Logistics Debt-to-Equity Chart

Mercantile Ports and Logistics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.29

0.38

0.42

0.43

0.48

Mercantile Ports and Logistics Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.49	0.43	0.47	0.48	0.47

Competitive Comparison of Mercantile Ports and Logistics's Debt-to-Equity

For the Marine Shipping subindustry, Mercantile Ports and Logistics'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.

Mercantile Ports and Logistics's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mercantile Ports and Logistics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mercantile Ports and Logistics's Debt-to-Equity falls into.

Mercantile Ports and Logistics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mercantile Ports and Logistics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3.124	+	40.776)	/	91.4
	=	0.48

Mercantile Ports and Logistics's Debt to Equity Ratio for the quarter 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
	=	(5.603	+	36.81)	/	91.02
	=	0.47

Mercantile Ports and Logistics (LSE:MPL) 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.

Mercantile Ports and Logistics Debt-to-Equity Related Terms

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

Mercantile Ports and Logistics (LSE:MPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mercantile Ports and Logistics Ltd (LSE:MPL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

MPL.GB:UK 9KS0:Germany

Address

Le Bordage Road, 1st Floor, Tudor House, Saint Peter Port, GGY, GY1 1DB

Website

https://www.mercpl.com

Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.

Mercantile Ports and Logistics (LSE:MPL) Headlines

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