Mennica Polska (WAR:MNC) Debt-to-Equity : 0.16 (As of Mar. 2024)

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What is Mennica Polska Debt-to-Equity?

Mennica Polska's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł104 Mil. Mennica Polska's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł10 Mil. Mennica Polska's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł692 Mil. Mennica Polska's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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

WAR:MNC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.16 Max: 0.63
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Mennica Polska was 0.63. The lowest was 0.00. And the median was 0.16.

WAR:MNC's Debt-to-Equity is ranked better than
65.58% of 2626 companies
in the Industrial Products industry
Industry Median: 0.28 vs WAR:MNC: 0.16

Mennica Polska Debt-to-Equity Historical Data

The historical data trend for Mennica Polska'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.

Mennica Polska Debt-to-Equity Chart

Mennica Polska Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.13

0.14

0.12

Mennica Polska 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															0.16	0.12	0.15	0.12	0.16

Competitive Comparison of Mennica Polska's Debt-to-Equity

For the Metal Fabrication subindustry, Mennica Polska'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.

Mennica Polska's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mennica Polska's Debt-to-Equity distribution charts can be found below:

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

Mennica Polska Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mennica Polska'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
	=	(67.713	+	10.103)	/	672.845
	=	0.12

Mennica Polska's Debt to Equity Ratio for the quarter 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
	=	(103.634	+	9.609)	/	691.688
	=	0.16

Mennica Polska (WAR:MNC) 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.

Mennica Polska Debt-to-Equity Related Terms

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Mennica Polska (WAR:MNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mennica Polska SA (WAR:MNC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

al Jana Pawla II 23, Atrium International Business Center, 3rd floor, Warsaw, POL, 00-854

Website

http://www.mennica.com.pl

Mennica Polska SA is a metal processing company in Poland. It is one of the country's leading producers and distributors of mint and engraving/medal products. The activities of the company are focused on four markets, namely mint products, precious metals processing, ICT services and property development. Mennica's core activity is the production of coins in circulation in Poland. Additionally, it also produces badges, medals, and token coins. In its precious metals segment, the company manufactures catalytic gauzes, paints, equipment for glass furnaces, rolled and drawn precious metal products. The Electronic payment segment deals with the operation of card systems, the sale of public transport tickets and other payment systems.

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