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Financiere Marjos (XPAR:FINM) Debt-to-Equity : -0.47 (As of Jun. 2024)


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What is Financiere Marjos Debt-to-Equity?

Financiere Marjos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.00 Mil. Financiere Marjos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.45 Mil. Financiere Marjos's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €-0.97 Mil. Financiere Marjos's debt to equity for the quarter that ended in Jun. 2024 was -0.47.

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 Financiere Marjos's Debt-to-Equity or its related term are showing as below:

XPAR:FINM' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.92   Med: -0.46   Max: -0.27
Current: -0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Financiere Marjos was -0.27. The lowest was -0.92. And the median was -0.46.

XPAR:FINM's Debt-to-Equity is not ranked
in the Conglomerates industry.
Industry Median: 0.54 vs XPAR:FINM: -0.47

Financiere Marjos Debt-to-Equity Historical Data

The historical data trend for Financiere Marjos'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.

Financiere Marjos Debt-to-Equity Chart

Financiere Marjos Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.56 - - -0.27 -0.45

Financiere Marjos Semi-Annual Data
Mar13 Sep13 Mar14 Mar15 Mar16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - -0.27 -0.44 -0.45 -0.47

Competitive Comparison of Financiere Marjos's Debt-to-Equity

For the Conglomerates subindustry, Financiere Marjos'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.

Financiere Marjos's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Financiere Marjos's Debt-to-Equity distribution charts can be found below:

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


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Financiere Marjos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Financiere Marjos'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
=(0.001 + 0.368) / -0.816
=-0.45

Financiere Marjos'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
=(0 + 0.454) / -0.965
=-0.47

* 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.

Financiere Marjos  (XPAR:FINM) 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.

Financiere Marjos Debt-to-Equity Related Terms

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

Financiere Marjos Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Financiere Marjos (XPAR:FINM) » Definitions » Debt-to-Equity
Comparable Companies
ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8053 TSE:8002 MIL:PST TSE:4901 HKSE:00001 BSP:ITSA3 TSE:8015 OSTO:LATO B OSTO:LIFCO B MEX:GCARSOA1 TSE:6971
Traded in Other Exchanges
N/A
Address
58, avenue de Wagram, Financière Marjos, Paris, FRA, 75017
Website
http://www.financiere-marjos.com
Financiere Marjos specializes in the creating, installing, acquiring, and operating, all types of manufacturing, sales, leasing, and service companies, with no limitations or restrictions, in all branches of industry and commerce. It is also engaged in financial, administrative and IT management in general and the administration of its buildings.