McGrath Rent Debt 2024

McGrath Rent Aktienanalyse

What does McGrath Rent do?

McGrath RentCorp is an American company specializing in the rental of mobile offices, storage units, modular space, and sanitary technology for industrial and commercial use. It has three main subsidiaries, Mobile Modular, TRS-RenTelco, and Adler Tank Rentals, which cater to different niche segments. McGrath RentCorp is a leading provider in the industry with over 100 locations in the US and Canada. Its business model revolves around providing fast, efficient, and cost-effective rental solutions for construction companies, government agencies, schools, oil and gas companies, and industrial and commercial businesses. The company offers a wide range of products including mobile offices, classrooms, medical facilities, sanitary units, modular buildings, and large tanks for fluid and solid storage. McGrath RentCorp also operates internationally with locations in Canada, Guam, and the Philippines. McGrath Rent ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding McGrath Rent's Debt Structure

McGrath Rent's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing McGrath Rent's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to McGrath Rent’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in McGrath Rent’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about McGrath Rent stock

What is the debt of McGrath Rent this year?

McGrath Rent has a debt level of 762.1 USD this year.

What was the debt of McGrath Rent compared to the previous year?

The debt of McGrath Rent has increased by 84.66% compared to the previous year increased.

What are the consequences of high debt for investors in McGrath Rent?

High debt can pose a risk for investors of McGrath Rent, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of McGrath Rent?

Low debt means that McGrath Rent has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from McGrath Rent affect the company?

An increase in debt of McGrath Rent can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of McGrath Rent affect the company?

A reduction in debt of McGrath Rent can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of McGrath Rent?

Some factors that can influence the debt of McGrath Rent include investments, acquisitions, operating costs, and revenue development.

Why are the debts of McGrath Rent so important for investors?

The debts of McGrath Rent are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can McGrath Rent take to change the debt?

To change the debt, McGrath Rent can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does McGrath Rent pay?

Over the past 12 months, McGrath Rent paid a dividend of 2.32 USD . This corresponds to a dividend yield of about 2.18 %. For the coming 12 months, McGrath Rent is expected to pay a dividend of 2.49 USD.

What is the dividend yield of McGrath Rent?

The current dividend yield of McGrath Rent is 2.18 %.

When does McGrath Rent pay dividends?

McGrath Rent pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of McGrath Rent?

McGrath Rent paid dividends every year for the past 33 years.

What is the dividend of McGrath Rent?

For the upcoming 12 months, dividends amounting to 2.49 USD are expected. This corresponds to a dividend yield of 2.35 %.

In which sector is McGrath Rent located?

McGrath Rent is assigned to the 'Industry' sector.

Wann musste ich die Aktien von McGrath Rent kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of McGrath Rent from 10/31/2024 amounting to 0.475 USD, you needed to have the stock in your portfolio before the ex-date on 10/17/2024.

When did McGrath Rent pay the last dividend?

The last dividend was paid out on 10/31/2024.

What was the dividend of McGrath Rent in the year 2023?

In the year 2023, McGrath Rent distributed 2.235 USD as dividends.

In which currency does McGrath Rent pay out the dividend?

The dividends of McGrath Rent are distributed in USD.