Marks Electrical Group (LSE:MRK) Debt-to-Equity : 0.06 (As of Sep. 2023)

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What is Marks Electrical Group Debt-to-Equity?

Marks Electrical Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.9 Mil. Marks Electrical Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.0 Mil. Marks Electrical Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £14.3 Mil. Marks Electrical Group's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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

LSE:MRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.2 Max: 1.03
Current: 0.06

During the past 5 years, the highest Debt-to-Equity Ratio of Marks Electrical Group was 1.03. The lowest was 0.06. And the median was 0.20.

LSE:MRK's Debt-to-Equity is ranked better than
91.4% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs LSE:MRK: 0.06

Marks Electrical Group Debt-to-Equity Historical Data

The historical data trend for Marks Electrical 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.

Marks Electrical Group Debt-to-Equity Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.03

0.70

0.22

0.24

0.10

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				0.17	0.24	0.18	0.10	0.06

Competitive Comparison of Marks Electrical Group's Debt-to-Equity

For the Internet Retail subindustry, Marks Electrical 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.

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

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

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

Marks Electrical Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marks Electrical Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.921	+	0.473)	/	13.824
	=	0.10

Marks Electrical Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.862	+	0.048)	/	14.271
	=	0.06

Marks Electrical Group (LSE:MRK) 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.

Marks Electrical Group Debt-to-Equity Related Terms

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Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.