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Morses Club (Morses Club) Debt-to-Equity : 0.96 (As of Aug. 2022)


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What is Morses Club Debt-to-Equity?

Morses Club's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was $0.0 Mil. Morses Club's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was $18.1 Mil. Morses Club's Total Stockholders Equity for the quarter that ended in Aug. 2022 was $18.9 Mil. Morses Club's debt to equity for the quarter that ended in Aug. 2022 was 0.96.

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 Morses Club's Debt-to-Equity or its related term are showing as below:

MCLBF's Debt-to-Equity is not ranked *
in the Credit Services industry.
Industry Median: 1.17
* Ranked among companies with meaningful Debt-to-Equity only.

Morses Club Debt-to-Equity Historical Data

The historical data trend for Morses Club'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.

Morses Club Debt-to-Equity Chart

Morses Club Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.23 0.20 0.52 0.14 0.65

Morses Club Semi-Annual Data
Feb14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
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 0.22 0.14 0.28 0.65 0.96

Competitive Comparison of Morses Club's Debt-to-Equity

For the Credit Services subindustry, Morses Club'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.


Morses Club's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Morses Club's Debt-to-Equity distribution charts can be found below:

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



Morses Club Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Morses Club's Debt to Equity Ratio for the fiscal year that ended in Feb. 2022 is calculated as

Morses Club's Debt to Equity Ratio for the quarter that ended in Aug. 2022 is calculated as

* 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.


Morses Club  (OTCPK:MCLBF) 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.


Morses Club Debt-to-Equity Related Terms

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Morses Club (Morses Club) Business Description

Traded in Other Exchanges
N/A
Address
1 Colliers Way, Building 1, The Phoenix Centre, Nottingham, GBR, NG8 6AT
Morses Club PLC is a consumer finance company. It provides a range of loan products through a combination of traditional and online marketing channels. The group's segments comprise Home Collected Credit and Digital. The company offers small cash loans between and operates through a network of branches throughout the UK.

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