Meritage Hospitality Group Inc (MHGU)
18.57
+0.14
(+0.78%)
USD |
OTCM |
May 07, 16:00
Meritage Hospitality Group Debt to Equity Ratio: 1.741 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.741 |
| September 30, 2023 | 1.728 |
| June 30, 2023 | 1.777 |
| March 31, 2023 | 1.768 |
| December 31, 2022 | 1.730 |
| September 30, 2022 | 1.646 |
| June 30, 2022 | 1.629 |
| March 31, 2022 | 1.684 |
| December 31, 2021 | 1.808 |
| September 30, 2021 | 1.885 |
| June 30, 2021 | 1.780 |
| March 31, 2021 | 1.882 |
| December 31, 2020 | 1.867 |
| September 30, 2020 | 2.208 |
| June 30, 2020 | 2.507 |
| March 31, 2020 | 2.828 |
| December 31, 2019 | 2.672 |
| September 30, 2019 | 2.465 |
| June 30, 2019 | 2.456 |
| March 31, 2019 | 2.583 |
| December 31, 2018 | 3.266 |
| September 30, 2018 | 3.518 |
| June 30, 2018 | 4.083 |
| Date | Value |
|---|---|
| March 31, 2018 | 4.433 |
| December 31, 2017 | 3.742 |
| September 30, 2017 | 3.865 |
| June 30, 2017 | 4.265 |
| March 31, 2017 | 2.644 |
| December 31, 2016 | 2.894 |
| September 30, 2016 | 2.720 |
| June 30, 2016 | 2.518 |
| March 31, 2016 | 2.753 |
| December 31, 2015 | 2.635 |
| September 30, 2015 | 2.936 |
| June 30, 2015 | 2.801 |
| March 31, 2015 | 3.024 |
| December 31, 2014 | 3.324 |
| September 30, 2014 | 3.19 |
| June 30, 2014 | 2.489 |
| March 31, 2014 | 3.002 |
| December 31, 2013 | 3.311 |
| September 30, 2013 | 3.014 |
| June 30, 2013 | 3.006 |
| March 31, 2013 | 3.540 |
| December 31, 2012 | 3.939 |
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
1.629
Minimum
Jun 2022
2.828
Maximum
Mar 2020
2.003
Average
1.808
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| Ark Restaurants Corp | 0.1287 |
| Flanigan'S Enterprises Inc | 0.3867 |
| BJ's Restaurants Inc | 0.1545 |
| Cheesecake Factory Inc | 1.478 |
| Cracker Barrel Old Country Store Inc | 0.979 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 816.90M |
| Total Liabilities (Quarterly) | 694.86M |
| Shareholders Equity (Quarterly) | 121.14M |
| Current Ratio | 0.2882 |
| Net Debt Paydown Yield | -2.11% |