MARA Holdings (MEX:MARA) Debt-to-Equity : 0.13 (As of Jun. 2024)

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What is MARA Holdings Debt-to-Equity?

MARA Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MXN9 Mil. MARA Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MXN6,347 Mil. MARA Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was MXN48,414 Mil. MARA Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.13.

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

MEX:MARA' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.96 Med: 0.35 Max: 2.28
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of MARA Holdings was 2.28. The lowest was -1.96. And the median was 0.35.

MEX:MARA's Debt-to-Equity is ranked better than
67.16% of 612 companies
in the Capital Markets industry
Industry Median: 0.34 vs MEX:MARA: 0.13

MARA Holdings Debt-to-Equity Historical Data

The historical data trend for MARA Holdings'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.

MARA Holdings Debt-to-Equity Chart

MARA Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

1.07

2.03

0.20

MARA Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.20	0.32	0.20	0.14	0.13

Competitive Comparison of MARA Holdings's Debt-to-Equity

For the Capital Markets subindustry, MARA Holdings'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.

MARA Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MARA Holdings's Debt-to-Equity distribution charts can be found below:

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

MARA Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MARA Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(2.105	+	5533.741)	/	27429.044
	=	0.20

MARA Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(9.087	+	6347.055)	/	48413.712
	=	0.13

MARA Holdings (MEX:MARA) 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.

MARA Holdings Debt-to-Equity Related Terms

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MARA Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » MARA Holdings Inc (MEX:MARA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MARA:USA M44A:Germany M44:Germany

Address

101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301

Website

http://www.mara.com

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