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Mission Advancement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.95 Mil. Mission Advancement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Mission Advancement's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $332.23 Mil. Mission Advancement's debt to equity for the quarter that ended in Sep. 2022 was 0.00.
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 Mission Advancement's Debt-to-Equity or its related term are showing as below:
The historical data trend for Mission Advancement'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.
Mission Advancement Annual Data | |||||
Trend | Dec20 | Dec21 | |||
Debt-to-Equity | 0.75 | - |
Mission Advancement Quarterly Data | ||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | ||
Debt-to-Equity | Get a 7-Day Free Trial | - | - | - | - | - |
For the Shell Companies subindustry, Mission Advancement'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.
For the Diversified Financial Services industry and Financial Services sector, Mission Advancement's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mission Advancement's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Mission Advancement's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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 | |
= | (0.55 | + | 0) | / | 322.93 | |
= | 0.00 |
Mission Advancement's Debt to Equity Ratio for the quarter that ended in Sep. 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 | |
= | (0.95 | + | 0) | / | 332.233 | |
= | 0.00 |
* 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.
Mission Advancement (NYSE:MACC) 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.
Thank you for viewing the detailed overview of Mission Advancement's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter J Keane | 10 percent owner, officer: Chief Financial Officer | 100 BLOOMFIELD HILLS PARKWAY, STE. 300, BLOOMFIELD HILLS MI 48304 |
Omar Johnson | director | 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303 |
Stacie Olivares | director | 2525 E. CAMELBACK RD., STE 850, PHOENIX AZ 85016 |
Jahm J Najafi | director, 10 percent owner, officer: Chief Executive Officer | 2525 E CAMELBACK RD, SUITE 850, PHOENIX AZ 85016 |
Katia Beauchamp | director | MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016 |
Mission Advancement Sponsor Llc | 10 percent owner | MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016 |
Dean Schnider | officer: COO & Head of Business Devt. | MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016 |
Attica Jaques | director | MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016 |
Tina Rhodes-hall | officer: Treasurer | MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016 |
Kaepernick Colin | director | MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016 |
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