MALJF (Magellan Aerospace) Debt-to-Equity : 0.11 (As of Dec. 2024)

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What is Magellan Aerospace Debt-to-Equity?

Magellan Aerospace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $21.5 Mil. Magellan Aerospace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $39.2 Mil. Magellan Aerospace's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $561.1 Mil. Magellan Aerospace's debt to equity for the quarter that ended in Dec. 2024 was 0.11.

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 Magellan Aerospace's Debt-to-Equity or its related term are showing as below:

MALJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.12 Max: 0.44
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Magellan Aerospace was 0.44. The lowest was 0.09. And the median was 0.12.

MALJF's Debt-to-Equity is ranked better than
79.12% of 273 companies
in the Aerospace & Defense industry
Industry Median: 0.36 vs MALJF: 0.11

Magellan Aerospace Debt-to-Equity Historical Data

The historical data trend for Magellan Aerospace'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.

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Magellan Aerospace Debt-to-Equity Chart

Magellan Aerospace Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.15

0.09

0.11

Magellan Aerospace 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															0.11	0.09	0.13	0.12	0.11

Competitive Comparison of Magellan Aerospace's Debt-to-Equity

For the Aerospace & Defense subindustry, Magellan Aerospace'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.

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

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

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

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Magellan Aerospace Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Magellan Aerospace'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
	=	(21.478	+	39.184)	/	561.129
	=	0.11

Magellan Aerospace'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
	=	(21.478	+	39.184)	/	561.129
	=	0.11

Magellan Aerospace (OTCPK:MALJF) 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.

Magellan Aerospace Debt-to-Equity Related Terms

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Magellan Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (OTCPK:MALJF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4M7A:Germany 4M7A:Germany MAL:Canada

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry, through its subsidiary engineers and manufactures aero-engine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. It operates activities in one reportable segment, Aerospace, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. It generates revenue through the Sale of goods and Services. Geographically it operates in Canada, the United States, and Europe. It generates the majority of its revenue from Canada.