MEIL (Methes Energies International) Debt-to-Equity: 0.23 (As of Aug. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Methes Energies International Debt-to-Equity?

Methes Energies International MEIL Debt-to-Equity is 0.23 as of Aug. 2023.

Methes Energies International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.09 Mil. Methes Energies International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $1.21 Mil. Methes Energies International's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $5.73 Mil. Methes Energies International's debt to equity for the quarter that ended in Aug. 2023 was 0.23.

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 Methes Energies International's Debt-to-Equity or its related term are showing as below:

MEIL's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Methes Energies International  (OTCPK:MEIL) 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.

Methes Energies International Debt-to-Equity Related Terms

Methes Energies International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Methes Energies International'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.

Methes Energies International Debt-to-Equity Chart

Methes Energies International Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14
Debt-to-Equity
0.00 0.00 0.26 1.13 0.73

Methes Energies International Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 May23 Aug23
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 1.16 1.02 N/A 0.22 0.23

MEIL vs PARG, WWSG, BBOE: Debt-to-Equity Comparison

For the Shell Companies subindustry, Methes Energies International'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.

Methes Energies International Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Methes Energies International's Debt-to-Equity distribution charts can be found below:

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


Methes Energies International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Methes Energies International's Debt to Equity Ratio for the fiscal year that ended in Nov. 2014 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
=(1.18 + 1.837) / 4.139
=0.73

Methes Energies International's Debt to Equity Ratio for the quarter that ended in Aug. 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
=(0.093 + 1.207) / 5.733
=0.23

* 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 0.23 mean?
Methes Energies International (MEIL) has a Debt-to-Equity of 0.23 as of Aug. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Methes Energies International and its competitors.
Is Methes Energies International's Debt-to-Equity too high?
Methes Energies International's current Debt-to-Equity is 0.23. The Diversified Financial Services industry median Debt-to-Equity is 0.18. Methes Energies International's value of 0.23 is 27.8% above this industry median.
How does Methes Energies International's Debt-to-Equity compare to PARG and WWSG?
Methes Energies International's Debt-to-Equity of 0.23 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. Methes Energies International's value of 0.23 is 27.8% above 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 Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 174 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. Methes Energies International's current Debt-to-Equity of 0.23 is 27.8% above 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 Methes Energies International and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methes Energies International's current Debt-to-Equity is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methes Energies International stock overvalued right now?
Methes Energies International (MEIL) has a current Debt-to-Equity of 0.23. The current Debt-to-Equity is 0.23 and 27.8% above the Diversified Financial Services industry median of 0.18. 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 Methes Energies International (MEIL), the current Debt-to-Equity is 0.23 as of Aug. 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.

Methes Energies International Business Description

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747
Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.