M&g Debt-to-Equity Ratio Growth & History (MNG)
M&g's debt-to-equity ratio was 0.13 for fiscal 2025.
View full M&g company overviewM&g annual debt-to-equity ratio history
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.13 | −0.00 | −3.25% |
| 2024 | 2024-12-31 | 0.13 | 0.03 | +35.26% |
| 2023 | 2023-12-31 | 0.10 | −0.00 | −2.80% |
| 2022 | 2022-12-31 | 0.10 | 0.04 | +72.12% |
| 2021 | 2021-12-31 | 0.06 | −0.01 | −9.82% |
| 2020 | 2020-12-31 | 0.06 | — | — |
M&g quarterly debt-to-equity ratio
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.47 | 0.37 | +17.86% |
| Q4 2025 | 2025-12-31 | 2.20 | 0.10 | +4.64% |
| Q2 2025 | 2025-06-30 | 2.09 | — | — |
| Q4 2024 | 2024-12-31 | 2.11 | — | — |
M&g debt-to-equity ratio trends
Over the last five fiscal years, M&g's debt-to-equity ratio increased from 0.06 to 0.13, a change of 0.06. The latest reported quarter, Q2 2026, shows 2.47.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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