Metro Performance Glass (NZSE:MPG) Debt-to-Equity : 1.81 (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Metro Performance Glass Debt-to-Equity?

Metro Performance Glass's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NZ$7.7 Mil. Metro Performance Glass's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NZ$70.8 Mil. Metro Performance Glass's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NZ$43.5 Mil. Metro Performance Glass's debt to equity for the quarter that ended in Sep. 2024 was 1.81.

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 Metro Performance Glass's Debt-to-Equity or its related term are showing as below:

NZSE:MPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 1.38 Max: 2.82
Current: 1.81

During the past 9 years, the highest Debt-to-Equity Ratio of Metro Performance Glass was 2.82. The lowest was 0.35. And the median was 1.38.

NZSE:MPG's Debt-to-Equity is ranked worse than
89.76% of 1553 companies
in the Construction industry
Industry Median: 0.43 vs NZSE:MPG: 1.81

Metro Performance Glass Debt-to-Equity Historical Data

The historical data trend for Metro Performance Glass'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.

Metro Performance Glass Debt-to-Equity Chart

Metro Performance Glass Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.84

1.38

1.71

1.93

2.82

Metro Performance Glass Semi-Annual Data
	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.69	1.93	2.03	2.82	1.81

Competitive Comparison of Metro Performance Glass's Debt-to-Equity

For the Building Products & Equipment subindustry, Metro Performance Glass'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.

Metro Performance Glass's Debt-to-Equity Distribution in the Construction Industry

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

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

Save Embed

;

Save Embed

;

Metro Performance Glass Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metro Performance Glass's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(65.109	+	72.947)	/	48.991
	=	2.82

Metro Performance Glass's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(7.705	+	70.781)	/	43.452
	=	1.81

Metro Performance Glass (NZSE:MPG) 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.

Metro Performance Glass Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Metro Performance Glass's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Metro Performance Glass Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Metro Performance Glass Ltd (NZSE:MPG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MPP:Australia

Address

5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013

Website

https://www.metroglass.co.nz

Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.