McGrath RentCorp (MGRC)
109.30
+0.77
(+0.71%)
USD |
NASDAQ |
Apr 25, 16:00
109.36
+0.06
(+0.05%)
After-Hours: 20:00
McGrath RentCorp Debt to Equity Ratio: 0.8171 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.8171 |
| September 30, 2023 | 0.7326 |
| June 30, 2023 | 0.7639 |
| March 31, 2023 | 0.7664 |
| December 31, 2022 | 0.5146 |
| September 30, 2022 | 0.5426 |
| June 30, 2022 | 0.587 |
| March 31, 2022 | 0.5746 |
| December 31, 2021 | 0.5826 |
| September 30, 2021 | 0.6449 |
| June 30, 2021 | 0.6771 |
| March 31, 2021 | 0.3036 |
| December 31, 2020 | 0.3263 |
| September 30, 2020 | 0.3778 |
| June 30, 2020 | 0.4227 |
| March 31, 2020 | 0.4572 |
| December 31, 2019 | 0.4628 |
| September 30, 2019 | 0.4888 |
| June 30, 2019 | 0.5097 |
| March 31, 2019 | 0.4985 |
| December 31, 2018 | 0.5224 |
| September 30, 2018 | 0.5572 |
| June 30, 2018 | 0.5861 |
| March 31, 2018 | 0.5669 |
| December 31, 2017 | 0.5788 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.7828 |
| June 30, 2017 | 0.8209 |
| March 31, 2017 | 0.8165 |
| December 31, 2016 | 0.8275 |
| September 30, 2016 | 0.884 |
| June 30, 2016 | 0.9473 |
| March 31, 2016 | 0.9613 |
| December 31, 2015 | 1.004 |
| September 30, 2015 | 0.9811 |
| June 30, 2015 | 0.79 |
| March 31, 2015 | 0.7536 |
| December 31, 2014 | 0.7596 |
| September 30, 2014 | 0.7775 |
| June 30, 2014 | 0.7553 |
| March 31, 2014 | 0.7174 |
| December 31, 2013 | 0.7231 |
| September 30, 2013 | 0.7099 |
| June 30, 2013 | 0.7192 |
| March 31, 2013 | 0.7543 |
| December 31, 2012 | 0.828 |
| September 30, 2012 | 0.8832 |
| June 30, 2012 | 0.8863 |
| March 31, 2012 | 0.8545 |
| December 31, 2011 | 0.89 |
| September 30, 2011 | 0.9038 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3036
Minimum
Mar 2021
0.8171
Maximum
Dec 2023
0.5554
Average
0.5426
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| WillScot Mobile Mini Holdings Corp | 2.820 |
| PROG Holdings Inc | 1.013 |
| H&E Equipment Services Inc | 2.666 |
| Willis Lease Finance Corp | 4.107 |
| FTAI Aviation Ltd | 14.36 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.217B |
| Total Liabilities (Quarterly) | 1.283B |
| Shareholders Equity (Quarterly) | 933.80M |
| Current Ratio | 0.8182 |
| Net Debt Paydown Yield | -2.34% |