Manchester United (Manchester United) Debt-to-Equity : 8.14 (As of Dec. 2023)

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What is Manchester United Debt-to-Equity?

Manchester United's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $338.8 Mil. Manchester United's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $650.9 Mil. Manchester United's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $121.5 Mil. Manchester United's debt to equity for the quarter that ended in Dec. 2023 was 8.14.

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 Manchester United's Debt-to-Equity or its related term are showing as below:

MANU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 1.14 Max: 10.31
Current: 8.14

During the past 13 years, the highest Debt-to-Equity Ratio of Manchester United was 10.31. The lowest was 0.69. And the median was 1.14.

MANU's Debt-to-Equity is ranked worse than
97.63% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs MANU: 8.14

Manchester United Debt-to-Equity Historical Data

The historical data trend for Manchester United'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.

Manchester United Debt-to-Equity Chart

Manchester United Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.23

1.51

1.96

5.02

5.99

Manchester United Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															6.79	6.97	5.99	10.31	8.14

Competitive Comparison of Manchester United's Debt-to-Equity

For the Entertainment subindustry, Manchester United'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.

Manchester United's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manchester United's Debt-to-Equity distribution charts can be found below:

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

Manchester United Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manchester United's Debt to Equity Ratio for the fiscal year 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
	=	(135.097	+	650.479)	/	131.25
	=	5.99

Manchester United's Debt to Equity Ratio for the quarter 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
	=	(338.801	+	650.903)	/	121.541
	=	8.14

Manchester United (NYSE:MANU) 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.

Manchester United Debt-to-Equity Related Terms

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Manchester United (Manchester United) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Manchester United PLC (NYSE:MANU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MUF:Germany MUF:Germany

Address

Sir Matt Busby Way, Old Trafford, Manchester, GBR, M16 0RA

Website

https://www.manutd.com

Manchester United PLC operates a professional football club together with related and ancillary activities. The company manages the soccer team and all affiliated club activities of the Manchester United Football Club, which includes the media network, foundation, fan zone, news, and sports features, and team merchandise. Manchester United is based in England. The company has three principal sectors from which the majority of the revenue is generated including Commercial, Broadcasting, and Matchday.