Mastech Digital (MHH) Debt Ratio (2012 - 2023)
Mastech Digital's (MHH) quarterly Debt Ratio came in at 0.05 in Q2 2023, down 39.19% YoY from 0.09 in Q2 2022, and up 433.99% on a QoQ basis from 0.01 in Q4 2022.
Mastech Digital (MHH) Debt Ratio (2012 - 2023) Analysis & Trends
Mastech Digital (MHH) has 12 years of Debt Ratio data on file, last reported at 0.05 in Q2 2023.
- Quarterly Debt Ratio fell 39.19% year-over-year to 0.05 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.05 (down 39.19% YoY) and the FY2022 annual result came in at 0.01, down 91.2% from the prior year.
- Debt Ratio climbed to 0.05 in Q2 2023, from 0.01 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.39 in Q1 2019 to a low of 0.01 in Q4 2022.
- A 5-year average of 0.16 and a median of 0.14 in 2021 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2021 — Debt Ratio grew 27.52% — and 2022, when it sank 91.2%.
- Tracing MHH's Debt Ratio over 5 years: stood at 0.28 in 2019, then sank by 39.29% to 0.17 in 2020, then sank by 32.16% to 0.11 in 2021, then slumped by 91.2% to 0.01 in 2022, then surged by 433.99% to 0.05 in 2023.
- The last three Debt Ratio figures came in at 0.05 (Q2 2023), 0.01 (Q4 2022), and 0.02 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.49 Bn | 4.16 Bn | 474.03 Mn | - |
| 2 | Korn Ferry | 4.38 Bn | 3.24 Bn | 685.99 Mn | 0.10 |
| 3 | Trinet | 3.24 Bn | 1.36 Bn | - | 0.27 |
| 4 | ManpowerGroup | 2.89 Bn | 2.71 Bn | 780.30 Mn | 0.12 |
| 5 | Insperity | 2.01 Bn | 1.39 Bn | 217.00 Mn | 0.19 |
| 6 | Kforce | 978.37 Mn | 978.04 Mn | 99.45 Mn | 0.26 |
| 7 | Barrett Business Services | 817.12 Mn | 717.73 Mn | 64.85 Mn | - |
| 8 | Kelly Services | 594.06 Mn | 569.86 Mn | 212.00 Mn | 0.03 |
| 9 | TrueBlue | 321.78 Mn | 298.53 Mn | 91.58 Mn | 0.13 |
| 10 | Mastech Digital | 90.08 Mn | 54.48 Mn | 12.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.05 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.12 |
| Jun 30, 2021 | 0.14 |
| Mar 31, 2021 | 0.15 |
| Dec 31, 2020 | 0.17 |
| Sep 30, 2020 | 0.10 |
| Jun 30, 2020 | 0.16 |
| Mar 31, 2020 | 0.24 |
| Dec 31, 2019 | 0.28 |
| Sep 30, 2019 | 0.29 |
| Jun 30, 2019 | 0.34 |
| Mar 31, 2019 | 0.39 |
| Dec 31, 2018 | 0.42 |
| Sep 30, 2018 | 0.44 |
| Jun 30, 2018 | 0.41 |