Mpac Group plc

LSE MPAC.L

Mpac Group plc Debt to Equity Ratio for the year ending December 31, 2023: 0.24

Mpac Group plc Debt to Equity Ratio is 0.24 for the year ending December 31, 2023, a 3.35% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Mpac Group plc Debt to Equity Ratio for the year ending December 31, 2022 was 0.23, a 116.38% change year over year.
Mpac Group plc Debt to Equity Ratio for the year ending December 31, 2021 was 0.11, a -4.43% change year over year.
Mpac Group plc Debt to Equity Ratio for the year ending December 31, 2020 was 0.11, a -8.01% change year over year.
Mpac Group plc Debt to Equity Ratio for the year ending December 31, 2019 was 0.12, a 441.33% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

LSE: MPAC.L

Mpac Group plc

CEO	Mr. Adam Philip Holland
IPO Date	July 1, 1988
Location	United Kingdom
Headquarters	Station Estate
Employees	500
Sector	Consumer Staples
Industries Consumer Packaged Goods Containers & Packaging Pharmaceuticals

Description

Mpac Group plc provides packaging and automation solutions to healthcare, pharmaceutical, and food and beverage sectors worldwide. It operates through Original Equipment and Service segments. The company designs, develops, manufactures, and engineers packaging solutions; offers automation and secondary packaging equipment, end-of-line robotic with integrated testing solutions, and at line instrumentation solutions; and designs and integrates packaging systems. It also offers tray formers, cartoners, carton closers, case erectors and case packers, and labelling machines. The company offers its products under the Lambert, Langen, and Switchback brand names. The company was formerly known as Molins plc and changed its name to Mpac Group plc in January 2018. Mpac Group plc was founded in 1874 and is based in North Yorkshire, the United Kingdom.

Key trends

Past 5 years