MCCK (Mestek) Debt-to-Equity: 0.08 (As of Sep. 2023)

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MCCK Mestek Inc MCCK
12 GF Score
Price $63.00
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What is Mestek Debt-to-Equity?

Mestek MCCK -1.56% 12 Debt-to-Equity is 0.08 as of Sep. 2023. GuruFocus rates MCCK with a GF Score™ of 12/100.

Mestek's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.1 Mil. Mestek's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $18.4 Mil. Mestek's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $325.2 Mil. Mestek's debt to equity for the quarter that ended in Sep. 2023 was 0.08.

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

MCCK's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Mestek  (OTCPK:MCCK) 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.

Mestek Debt-to-Equity Related Terms

Mestek Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mestek'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.

Mestek Debt-to-Equity Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.06 0.06 0.05

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 N/A 0.08

MCCK vs CSTE, PPIH, INVE: Debt-to-Equity Comparison

For the Building Products & Equipment subindustry, Mestek'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.

Mestek Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Mestek's Debt-to-Equity distribution charts can be found below:

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


MCCK
12GF Score
Mestek Inc MCCK
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Mestek Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mestek's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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 + 10.163) / 192.279
=0.05

Mestek's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(6.126 + 18.421) / 325.169
=0.08

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.08 mean?
Mestek (MCCK) has a Debt-to-Equity of 0.08 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mestek and its competitors.
Is Mestek's Debt-to-Equity too high?
Mestek's current Debt-to-Equity is 0.08. The Construction industry median Debt-to-Equity is 0.41. Mestek's value of 0.08 is 80.5% below this industry median. Overall, Mestek has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mestek's Debt-to-Equity compare to CSTE and PPIH?
Mestek's Debt-to-Equity of 0.08 can be compared against companies in the Construction industry. The industry median Debt-to-Equity is 0.41. Mestek's value of 0.08 is 80.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,609 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mestek's current Debt-to-Equity of 0.08 is 80.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mestek and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mestek's current Debt-to-Equity is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mestek stock overvalued right now?
Mestek (MCCK) has a current Debt-to-Equity of 0.08. The current Debt-to-Equity is 0.08 and 80.5% below the Construction industry median of 0.41. Mestek's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Mestek (MCCK), the current Debt-to-Equity is 0.08 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mestek Business Description

Address 260 North Elm Street, Westfield, MA, USA, 01085
Mestek Inc and its subsidiaries manufacture and distribute heating, ventilating, and air conditioning equipment (HVAC), including architectural products and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
12GF Score

Get the complete analysis for MCCK

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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