MGE Financial Leverage
2.318
Last period Financial Leverage ,USD
-5%
Financial Leverage has decreased in 5 years
What is Financial Leverage ?
Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.
See also MGE
Company Analysis
MGEE valuation, rating, competitors, insights and company profile
Eyestock Rating
MGEE financial analysis by Eyestock methodology
Valuation
MGEE valuation using historical relative method
Financials
MGEE revenue, earnings, ROE, ROIC and other financials
Statements
MGEE Income Statements, Balance Sheet and Cash Flow Statements
Dividends
MGEE dividend yield and annual dividend
What is Financial Leverage ?
Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.
What is Financial Leverage of MGE ?
MGE`s Financial Leverage for the last twelve months ended 2024-06-30 is 2.318