CemexB de CV (CemexB de CV) Debt-to-Equity : 0.00 (As of Sep. 2023)

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CemexB de CV Debt-to-Equity Definition

CemexB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. CemexB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. CemexB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $12,170 Mil. CemexB de CV's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 CemexB de CV's Debt-to-Equity or its related term are showing as below:

CX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 1.25 Max: 1.87
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of CemexB de CV was 1.87. The lowest was 0.69. And the median was 1.25.

CX's Debt-to-Equity is ranked worse than
72.52% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs CX: 0.69

CemexB de CV Debt-to-Equity Historical Data

The historical data trend for CemexB de CV'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.

CemexB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.27

1.39

0.93

0.84

0.69

CemexB de CV 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															0.84	-	-	-	0.69

Competitive Comparison

For the Building Materials subindustry, CemexB de CV'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.

CemexB de CV Debt-to-Equity Distribution

For the Building Materials industry and Basic Materials sector, CemexB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CemexB de CV's Debt-to-Equity falls into.

CemexB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CemexB de CV'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
	=	(975	+	7189)	/	11764
	=	0.69

CemexB de CV's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	0)	/	12169.661
	=	0.00

CemexB de CV (NYSE:CX) 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.

CemexB de CV Debt-to-Equity Related Terms

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CemexB de CV (CemexB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex SAB de CV (NYSE:CX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CXMSF:USA CEMEXCPO:Mexico CEXB:Germany CEXA:Germany CEXB:Germany CEXA:Germany CX:Argentina

Address

Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265

Website

https://www.cemex.com

Cemex SAB de CV is a ready-mix concrete company and one of the aggregates companies in the world. In 2021, the company sold roughly 67 million tons of cement, 49.2 million cubic meters of ready-mix, and 135 million tons of aggregates. As of Dec. 31, 2021, the company had an annual cement production capacity of roughly 88.5 million tons.