MasterCraft Boat Holdings (MCFT) Debt Ratio (2015 - 2024)
MasterCraft Boat Holdings (MCFT) recorded quarterly Debt Ratio of 0.16 in Q3 2024, down 22.58% on a QoQ basis from 0.21 in Q2 2024, and up 1.78% YoY from 0.16 in Q3 2023.
Analysis
MasterCraft Boat Holdings (MCFT) Debt Ratio (2015 - 2024) Analysis & Trends
MasterCraft Boat Holdings (MCFT) has reported Debt Ratio for 10 consecutive years, with 0.16 the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Debt Ratio rose 1.78% year-over-year to 0.16; the trailing twelve-month figure through Sep 2024 stood at 0.16 (up 1.78% YoY), and the FY2024 full-year result was 0.21, up 25.84% from the prior year.
- Debt Ratio was 0.16 for Q3 2024 at MasterCraft Boat Holdings, down from 0.21 in the prior quarter.
- The five-year high for Debt Ratio was 0.55 in Q1 2020, with the low at 0.15 in Q1 2024.
- Historically, Debt Ratio has averaged 0.27 across 5 years, with a median of 0.21 in 2024.
- Annual changes were most pronounced in 2022 — Debt Ratio plunged 43.5% — and 2024, when it rose 25.84%.
- Tracing MCFT's Debt Ratio over 5 years: stood at 0.46 in 2020, then sank by 33.64% to 0.3 in 2021, then tumbled by 34.54% to 0.2 in 2022, then declined by 21.76% to 0.16 in 2023, then gained by 3.27% to 0.16 in 2024.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.16 in Q3 2024, 0.21 in Q2 2024, and 0.15 in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.79 Bn | 3.42 Bn | 354.77 Mn | 0.13 |
| 2 | Polaris | 3.44 Bn | 3.13 Bn | - | 0.38 |
| 3 | Harley-Davidson | 2.81 Bn | 918.76 Mn | 421.12 Mn | 0.39 |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 0.38 |
| 5 | Winnebago Industries | 820.42 Mn | 763.32 Mn | 94.90 Mn | 0.22 |
| 6 | Malibu Boats | 502.31 Mn | 427.89 Mn | 52.19 Mn | 0.17 |
| 7 | MasterCraft Boat Holdings | 371.45 Mn | 286.83 Mn | 19.54 Mn | - |
| 8 | Niu Technologies | 165.70 Mn | -29.42 Mn | 33.95 Mn | 0.19 |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | - |
| 10 | Gogoro | 39.84 Mn | -29.01 Mn | 15.96 Mn | 0.58 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 29, 2024 | 0.16 |
| Jun 30, 2024 | 0.21 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.16 |
| Oct 1, 2023 | 0.16 |
| Jun 30, 2023 | 0.16 |
| Apr 2, 2023 | 0.16 |
| Jan 1, 2023 | 0.18 |
| Oct 2, 2022 | 0.20 |
| Jun 30, 2022 | 0.19 |
| Apr 3, 2022 | 0.22 |
| Jan 2, 2022 | 0.27 |
| Oct 3, 2021 | 0.30 |
| Jun 30, 2021 | 0.34 |
| Apr 4, 2021 | 0.36 |
| Jan 3, 2021 | 0.41 |
| Oct 4, 2020 | 0.46 |
| Jun 30, 2020 | 0.52 |
| Mar 29, 2020 | 0.55 |
| Dec 29, 2019 | 0.43 |