Leverage Ratio of Mistras Group Inc (MG) is 2.90

A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt (loans) or assesses the ability of a company to meet its financial obligations. The leverage ratio category is important because companies rely on a mixture of equity and debt to finance their operations, and knowing the amount of debt held by a company is useful in evaluating whether it can pay its debts off as they come due. Several common leverage ratios will be discussed below. Leverage ratios measure how leveraged a company is. These ratios compare the total debt obligation to either assets.

 

Source: Investopedia

Leverage Ratio
Sep 19Oct 19Nov 19Dec 19Jan 20Feb 20Mar 20Apr 20May 20Jun 20Jul 20Aug 20
2.502.903.002.602.602.602.602.602.602.702.802.90