Intuitive Machines (Intuitive Machines) Debt-to-Equity : -0.09 (As of Mar. 2024)

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What is Intuitive Machines Debt-to-Equity?

Intuitive Machines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $11.89 Mil. Intuitive Machines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $31.34 Mil. Intuitive Machines's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-493.65 Mil. Intuitive Machines's debt to equity for the quarter that ended in Mar. 2024 was -0.09.

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 Intuitive Machines's Debt-to-Equity or its related term are showing as below:

LUNRW' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.45 Med: -0.17 Max: -0.05
Current: -0.09

During the past 4 years, the highest Debt-to-Equity Ratio of Intuitive Machines was -0.05. The lowest was -0.45. And the median was -0.17.

LUNRW's Debt-to-Equity is not ranked
in the Aerospace & Defense industry.
Industry Median: 0.425 vs LUNRW: -0.09

Intuitive Machines Debt-to-Equity Historical Data

The historical data trend for Intuitive Machines'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.

Intuitive Machines Debt-to-Equity Chart

Intuitive Machines Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.31

-0.29

-0.45

-0.17

Intuitive Machines Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial							-0.05	-0.07	-0.15	-0.17	-0.09

Competitive Comparison of Intuitive Machines's Debt-to-Equity

For the Aerospace & Defense subindustry, Intuitive Machines'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.

Intuitive Machines's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Intuitive Machines's Debt-to-Equity distribution charts can be found below:

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

Intuitive Machines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Intuitive Machines'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
	=	(12.858	+	30.617)	/	-263.282
	=	-0.17

Intuitive Machines'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
	=	(11.889	+	31.34)	/	-493.65
	=	-0.09

Intuitive Machines (NAS:LUNRW) 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.

Intuitive Machines Debt-to-Equity Related Terms

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Intuitive Machines (Intuitive Machines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Intuitive Machines Inc (NAS:LUNRW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LUNR:USA

Address

3700 Bay Area Boulevard, Sixth Floor, Suite 600, Houston, TX, USA, 77058

Website

https://www.intuitivemachines.com

Intuitive Machines Inc is a space exploration, infrastructure, and services company. It is a diversified space company focused on space exploration. It supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Its products and services are offered through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.