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Main Street Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.0 Mil. Main Street Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2,122.4 Mil. Main Street Capital's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $2,797.8 Mil. Main Street Capital's debt to equity for the quarter that ended in Dec. 2024 was 0.76.
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 Main Street Capital's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Main Street Capital was 1.00. The lowest was 0.58. And the median was 0.73.
The historical data trend for Main Street Capital'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.
Main Street Capital Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial |
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0.80 | 1.00 | 0.95 | 0.73 | 0.76 |
Main Street Capital Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Debt-to-Equity | Get a 7-Day Free Trial |
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0.73 | 0.81 | 0.85 | 0.82 | 0.76 |
For the Asset Management subindustry, Main Street Capital'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 Asset Management industry and Financial Services sector, Main Street Capital's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Main Street Capital's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Main Street Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 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 | |
= | (0 | + | 2122.371) | / | 2797.838 | |
= | 0.76 |
Main Street Capital's Debt to Equity Ratio for the quarter that ended in Dec. 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 | |
= | (0 | + | 2122.371) | / | 2797.838 | |
= | 0.76 |
* 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.
Main Street Capital (NYSE:MAIN) 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 Main Street Capital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Vincent D Foster | director, officer: Chief Executive Officer | QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008 |
Nicholas Meserve | officer: Managing Director | 1300 POST OAK BLVD., STE 800, HOUSTON TX 77056 |
Jason B Beauvais | officer: VP, General Counsel, Secretary | 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056 |
John Earl Jackson | director | 12001 NORTH HOUSTON ROSSLYN, HOUSTON TX 77086 |
Ryan Robert Nelson | officer: VP, CAO, Assistant Treasurer | 2445 TECHNOLOGY FOREST BLVD., STE 800, THE WOODLANDS TX 77381 |
Dwayne L. Hyzak | officer: Senior Vice President | 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056 |
David L. Magdol | officer: Senior Vice President | 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056 |
Lance A Parker | officer: VP, CHIEF ACCOUNTING OFFICER | 800 GESSNER, SUITE 500, HOUSTON TX 77024 |
Beverly Kay Matthews | director | C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054 |
Jesse E Morris | officer: EVP , CFO AND COO | 2800 POST OAK BLVD., STE. 2600, HOUSTON TX 77056 |
Dunia A Shive | director | 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254 |
Arthur L. French | director | 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056 |
Brent D. Smith | officer: SVP - Finance | 2500 CITYWEST BOULEVARD, SUITE 2200, HOUSTON TX 77042 |
Rodger A. Stout | officer: CAO, CCO & Secretary | 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056 |
Valerie Lebeaux Banner | director | 35 BROAD OAKS ESTATES LANE, HOUSTON TX 77056 |
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