Marley Spoon SE (ASX:MMM) Debt-to-Equity : -2.36 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Marley Spoon SE Debt-to-Equity?

Marley Spoon SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$23.8 Mil. Marley Spoon SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$156.8 Mil. Marley Spoon SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$-76.7 Mil. Marley Spoon SE's debt to equity for the quarter that ended in Dec. 2023 was -2.35.

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 Marley Spoon SE's Debt-to-Equity or its related term are showing as below:

ASX:MMM' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.14 Med: -2.01 Max: 3.59
Current: -2.36

During the past 7 years, the highest Debt-to-Equity Ratio of Marley Spoon SE was 3.59. The lowest was -5.14. And the median was -2.01.

ASX:MMM's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.94 vs ASX:MMM: -2.36

Marley Spoon SE Debt-to-Equity Historical Data

The historical data trend for Marley Spoon SE'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.

Marley Spoon SE Debt-to-Equity Chart

Marley Spoon SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-1.45

3.59

-5.14

-2.51

-2.36

Marley Spoon SE Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-5.14	-2.66	-2.51	-3.70	-2.36

Competitive Comparison of Marley Spoon SE's Debt-to-Equity

For the Restaurants subindustry, Marley Spoon SE'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.

Marley Spoon SE's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Marley Spoon SE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marley Spoon SE's Debt-to-Equity falls into.

Marley Spoon SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marley Spoon SE'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
	=	(23.751	+	156.847)	/	-76.696
	=	-2.35

Marley Spoon SE'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
	=	(23.751	+	156.847)	/	-76.696
	=	-2.35

Marley Spoon SE (ASX:MMM) 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.

Marley Spoon SE Debt-to-Equity Related Terms

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

Marley Spoon SE (ASX:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Marley Spoon SE (ASX:MMM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7M6A:Germany

Address

Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999

Website

https://www.marleyspoon.de

Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.