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Mobile Infrastructure (Mobile Infrastructure) Debt-to-Equity : 1.78 (As of Mar. 2024)


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What is Mobile Infrastructure Debt-to-Equity?

Mobile Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $58.45 Mil. Mobile Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $133.68 Mil. Mobile Infrastructure's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $107.93 Mil. Mobile Infrastructure's debt to equity for the quarter that ended in Mar. 2024 was 1.78.

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 Mobile Infrastructure's Debt-to-Equity or its related term are showing as below:

BEEP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.71   Med: 1.94   Max: 2.58
Current: 1.78

During the past 3 years, the highest Debt-to-Equity Ratio of Mobile Infrastructure was 2.58. The lowest was 1.71. And the median was 1.94.

BEEP's Debt-to-Equity is ranked worse than
89.2% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs BEEP: 1.78

Mobile Infrastructure Debt-to-Equity Historical Data

The historical data trend for Mobile Infrastructure'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.

Mobile Infrastructure Debt-to-Equity Chart

Mobile Infrastructure Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
2.10 2.52 1.76

Mobile Infrastructure Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial 2.52 2.58 1.71 1.76 1.78

Competitive Comparison of Mobile Infrastructure's Debt-to-Equity

For the Infrastructure Operations subindustry, Mobile Infrastructure'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.

Mobile Infrastructure's Debt-to-Equity Distribution in the Construction Industry

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

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


Mobile Infrastructure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mobile Infrastructure'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
=(58.523 + 134.38) / 109.387
=1.76

Mobile Infrastructure'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
=(58.45 + 133.681) / 107.926
=1.78

* 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.

Mobile Infrastructure  (AMEX:BEEP) 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.

Mobile Infrastructure Debt-to-Equity Related Terms

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

Mobile Infrastructure (Mobile Infrastructure) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mobile Infrastructure Corp (AMEX:BEEP) » Definitions » Debt-to-Equity
Comparable Companies
SHSE:603917 SZSE:300984 SZSE:002976 SZSE:300817 SZSE:301138 SZSE:301007 SZSE:301020 SHSE:688379 SZSE:301398 SZSE:300946 ASX:TCL XMAD:FER SZSE:001965 DFM:SALIK SHSE:600377 XPAR:RE ASX:ALX BSP:CCRO3 SHSE:600350 VRRM
Traded in Other Exchanges
N/A
Address
30 W. 4th Street, Cincinnati, OH, USA, 45202
Website
https://www.mobileit.com
Mobile Infrastructure Corp focuses on acquiring, owning, and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The company targets both parking garage and surface lot properties primarily in the top 50 U.S. Metropolitan Statistical Areas, with proximity to key demand drivers, such as airports, transportation hubs, educational facilities, government buildings and courthouses, sports and entertainment venues, hospital and health centers, hotels, office complexes and residences.
Executives
Jeffrey Osher director 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Stephanie Hogue director, 10 percent owner, officer: President & CFO 250 E. 5TH STREET, STE 2110, CINCINNATI OH 45202
Amanda Parness other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Brad Greiwe director 1 LITTLE WEST 12TH STREET, 4TH FLOOR, NEW YORK NY 10014
Damon D Jones director 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Manuel Iii Chavez director, officer: CEO 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Color Up, Llc other: See Remarks 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Hscp Strategic Iii L.p. other: See Remarks 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Poonam Sharma Mathis other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Adeyemi Ajao other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Lorrence T Kellar director C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Fifth Wall Acquisition Sponsor Iii, Llc 10 percent owner 6060 CENTER DRIVE, FLOOR 10, LOS ANGELES CA 90045
Andriy Mykhaylovskyy 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Brendan Wallace 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Alana Beard other: Former Director 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045

Mobile Infrastructure (Mobile Infrastructure) Headlines

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