McGrath Rent Stock

McGrath Rent Liabilities 2024

McGrath Rent Liabilities

1.28 B USD

Ticker

MGRC

ISIN

US5805891091

WKN

919322

In 2024, McGrath Rent's total liabilities amounted to 1.28 B USD, a 41.99% difference from the 903.9 M USD total liabilities in the previous year.

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.

Liabilities Details

Assessing McGrath Rent's Liabilities

McGrath Rent's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating McGrath Rent's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing McGrath Rent's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

McGrath Rent's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in McGrath Rent’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about McGrath Rent stock

What is the level of liabilities of McGrath Rent this year?

McGrath Rent has a debt balance of 1.28 B USD this year.

What were the liabilities of McGrath Rent compared to the previous year?

The liabilities of McGrath Rent have increased by 41.99% increased compared to the previous year.

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

High liabilities can pose a risk for investors of McGrath Rent, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in McGrath Rent?

Low liabilities mean that McGrath Rent has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of McGrath Rent affect the company?

An increase in liabilities of McGrath Rent can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of McGrath Rent affect the company?

A decrease in the liabilities of McGrath Rent can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

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

Why is the level of liabilities of McGrath Rent so important for investors?

The liabilities of McGrath Rent are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can McGrath Rent take to modify the liabilities?

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

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 2.12 %. 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 2.12 %.

When does McGrath Rent pay dividends?

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

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 2.28 %.

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 7/31/2024 amounting to 0.475 USD, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.

When did McGrath Rent pay the last dividend?

The last dividend was paid out on 7/31/2024.

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.

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Andere Kennzahlen von McGrath Rent

Our stock analysis for McGrath Rent Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of McGrath Rent Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.