Mills Estruturas e Servicos de Engenharia (Mills Estruturas e Servicos de Engenharia) Debt-to-Equity : 0.68 (As of Dec. 2023)

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What is Mills Estruturas e Servicos de Engenharia Debt-to-Equity?

Mills Estruturas e Servicos de Engenharia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37.07 Mil. Mills Estruturas e Servicos de Engenharia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $166.57 Mil. Mills Estruturas e Servicos de Engenharia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $297.80 Mil. Mills Estruturas e Servicos de Engenharia's debt to equity for the quarter that ended in Dec. 2023 was 0.68.

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 Mills Estruturas e Servicos de Engenharia's Debt-to-Equity or its related term are showing as below:

MLSTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.4 Max: 0.79
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Mills Estruturas e Servicos de Engenharia was 0.79. The lowest was 0.14. And the median was 0.40.

MLSTF's Debt-to-Equity is ranked worse than
64.2% of 919 companies
in the Business Services industry
Industry Median: 0.38 vs MLSTF: 0.68

Mills Estruturas e Servicos de Engenharia Debt-to-Equity Historical Data

The historical data trend for Mills Estruturas e Servicos de Engenharia'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.

Mills Estruturas e Servicos de Engenharia Debt-to-Equity Chart

Mills Estruturas e Servicos de Engenharia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.24

0.19

0.79

0.68

Mills Estruturas e Servicos de Engenharia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.76	0.78	0.76	0.68	N/A

Competitive Comparison of Mills Estruturas e Servicos de Engenharia's Debt-to-Equity

For the Rental & Leasing Services subindustry, Mills Estruturas e Servicos de Engenharia'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.

Mills Estruturas e Servicos de Engenharia's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Estruturas e Servicos de Engenharia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mills Estruturas e Servicos de Engenharia's Debt-to-Equity falls into.

Mills Estruturas e Servicos de Engenharia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mills Estruturas e Servicos de Engenharia'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
	=	(37.072	+	166.565)	/	297.801
	=	0.68

Mills Estruturas e Servicos de Engenharia'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
	=	(37.072	+	166.565)	/	297.801
	=	0.68

Mills Estruturas e Servicos de Engenharia (GREY:MLSTF) 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.

Mills Estruturas e Servicos de Engenharia Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mills Estruturas e Servicos de Engenharia's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Mills Estruturas e Servicos de Engenharia (Mills Estruturas e Servicos de Engenharia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mills Estruturas e Servicos de Engenharia SA (GREY:MLSTF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

MILS3:Brazil

Address

Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002

Website

https://ri.mills.com.br

Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

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