Corporacion America Airports (Corporacion America Airports) Debt-to-Equity : 1.86 (As of Dec. 2023)

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What is Corporacion America Airports Debt-to-Equity?

Corporacion America Airports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $203 Mil. Corporacion America Airports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,144 Mil. Corporacion America Airports's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $725 Mil. Corporacion America Airports's debt to equity for the quarter that ended in Dec. 2023 was 1.86.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Corporacion America Airports's Debt-to-Equity or its related term are showing as below:

CAAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 2.2 Max: 3.22
Current: 1.86

During the past 10 years, the highest Debt-to-Equity Ratio of Corporacion America Airports was 3.22. The lowest was 0.69. And the median was 2.20.

CAAP's Debt-to-Equity is ranked worse than
85.86% of 884 companies
in the Transportation industry
Industry Median: 0.545 vs CAAP: 1.86

Corporacion America Airports Debt-to-Equity Historical Data

The historical data trend for Corporacion America Airports's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corporacion America Airports Debt-to-Equity Chart

Corporacion America Airports Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.59

2.78

3.09

2.06

1.86

Corporacion America Airports Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.06	1.91	1.74	1.64	1.86

Competitive Comparison of Corporacion America Airports's Debt-to-Equity

For the Airports & Air Services subindustry, Corporacion America Airports's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Corporacion America Airports's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Corporacion America Airports's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Corporacion America Airports's Debt-to-Equity falls into.

Corporacion America Airports Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corporacion America Airports's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(203.375	+	1143.843)	/	724.98
	=	1.86

Corporacion America Airports's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(203.375	+	1143.843)	/	724.98
	=	1.86

Corporacion America Airports (NYSE:CAAP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Corporacion America Airports Debt-to-Equity Related Terms

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Corporacion America Airports (Corporacion America Airports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Corporacion America Airports SA (NYSE:CAAP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330

Website

https://www.caap.aero

Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.