Multi Retail Group (XTAE:MRG) Debt-to-Equity : 4.64 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Multi Retail Group Debt-to-Equity?

Multi Retail Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪123.9 Mil. Multi Retail Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪358.0 Mil. Multi Retail Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪103.9 Mil. Multi Retail Group's debt to equity for the quarter that ended in Dec. 2023 was 4.64.

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 Multi Retail Group's Debt-to-Equity or its related term are showing as below:

XTAE:MRG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09 Med: 4.16 Max: 5.15
Current: 4.64

During the past 7 years, the highest Debt-to-Equity Ratio of Multi Retail Group was 5.15. The lowest was 1.09. And the median was 4.16.

XTAE:MRG's Debt-to-Equity is ranked worse than
95.53% of 1006 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs XTAE:MRG: 4.64

Multi Retail Group Debt-to-Equity Historical Data

The historical data trend for Multi Retail Group'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.

Multi Retail Group Debt-to-Equity Chart

Multi Retail Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

5.15

4.12

2.66

4.21

4.64

Multi Retail Group Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															4.21	4.82	5.36	4.75	4.64

Competitive Comparison of Multi Retail Group's Debt-to-Equity

For the Home Improvement Retail subindustry, Multi Retail Group'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.

Multi Retail Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Multi Retail Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Multi Retail Group's Debt-to-Equity falls into.

Multi Retail Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Multi Retail Group'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
	=	(123.859	+	357.982)	/	103.926
	=	4.64

Multi Retail Group'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
	=	(123.859	+	357.982)	/	103.926
	=	4.64

Multi Retail Group (XTAE:MRG) 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.

Multi Retail Group Debt-to-Equity Related Terms

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

Multi Retail Group (XTAE:MRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Multi Retail Group Ltd (XTAE:MRG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Moshe Levy 11, Rishon LeTsiyon, ISR, 756828

Website

https://www.ace.co.il

Multi Retail Group Ltd is a retail marketing chain of Home, Garden, and Car products. It offers Furniture, Electricity and Lighting, Bath and plumbing, Home maintenance, and Rugs among others.

Multi Retail Group (XTAE:MRG) Headlines

No Headlines