GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Columbus McKinnon Corp (NAS:CMCO) » Definitions » Debt-to-Equity

Columbus McKinnon (Columbus McKinnon) Debt-to-Equity : 0.63 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Columbus McKinnon Debt-to-Equity?

Columbus McKinnon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $51 Mil. Columbus McKinnon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $499 Mil. Columbus McKinnon's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $878 Mil. Columbus McKinnon's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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 Columbus McKinnon's Debt-to-Equity or its related term are showing as below:

CMCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 0.65   Max: 1.23
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Columbus McKinnon was 1.23. The lowest was 0.44. And the median was 0.65.

CMCO's Debt-to-Equity is ranked worse than
61.7% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.405 vs CMCO: 0.63

Columbus McKinnon Debt-to-Equity Historical Data

The historical data trend for Columbus McKinnon'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.

Columbus McKinnon Debt-to-Equity Chart

Columbus McKinnon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.63 0.54 0.70 0.63

Columbus McKinnon 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.63 0.69 0.66 0.63

Competitive Comparison of Columbus McKinnon's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon'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.


Columbus McKinnon's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Columbus McKinnon's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Columbus McKinnon's Debt-to-Equity falls into.



Columbus McKinnon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Columbus McKinnon's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Columbus McKinnon's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Columbus McKinnon  (NAS:CMCO) 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.


Columbus McKinnon Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Columbus McKinnon's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Columbus McKinnon (Columbus McKinnon) Business Description

Traded in Other Exchanges
Address
205 Crosspoint Parkway, Buffalo, NY, USA, 14068
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.
Executives
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jon Adams officer: Interim VP Crane Solutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Kurt F Wozniak officer: VP - Latin America 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gerard G Colella director 6 SHATTUCK RD, ANDOVER MA 01810
Chad R Abraham director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Mark R Paradowski officer: VP - Information Services 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Alan S Korman officer: VP, Gen'l Counsel & Secretary 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gregory P Rustowicz officer: VP - Finance and CFO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Peter M Mccormick officer: VP-CraneSolutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Adrienne Williams officer: Vice President & CHRO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Terry Schadeberg officer: President Dorner Mfg. Corp. 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Michael Dastoor director C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mario Y. Ramos officer: VP Global Product Development 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
David J. Wilson director, officer: President & CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277