Prosegur Cash (XMAD:CASH) Debt-to-Equity : 6.41 (As of Dec. 2023)

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What is Prosegur Cash Debt-to-Equity?

Prosegur Cash's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €160 Mil. Prosegur Cash's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €831 Mil. Prosegur Cash's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €155 Mil. Prosegur Cash's debt to equity for the quarter that ended in Dec. 2023 was 6.41.

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 Prosegur Cash's Debt-to-Equity or its related term are showing as below:

XMAD:CASH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 3.92 Max: 12.6
Current: 6.41

During the past 10 years, the highest Debt-to-Equity Ratio of Prosegur Cash was 12.60. The lowest was 0.32. And the median was 3.92.

XMAD:CASH's Debt-to-Equity is ranked worse than
97.74% of 884 companies
in the Transportation industry
Industry Median: 0.545 vs XMAD:CASH: 6.41

Prosegur Cash Debt-to-Equity Historical Data

The historical data trend for Prosegur Cash'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.

Prosegur Cash Debt-to-Equity Chart

Prosegur Cash Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.96

12.60

11.16

6.74

6.41

Prosegur Cash 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															6.74	0.62	4.97	0.51	6.41

Competitive Comparison of Prosegur Cash's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Prosegur Cash'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.

Prosegur Cash's Debt-to-Equity Distribution in the Transportation Industry

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

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

Prosegur Cash Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prosegur Cash'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
	=	(160.263	+	830.648)	/	154.515
	=	6.41

Prosegur Cash'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
	=	(160.263	+	830.648)	/	154.515
	=	6.41

Prosegur Cash (XMAD:CASH) 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.

Prosegur Cash Debt-to-Equity Related Terms

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

Prosegur Cash (XMAD:CASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Prosegur Cash SA (XMAD:CASH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PGUCY:USA PGUUF:USA CASHN:Mexico CASHe:UK 0RNO:UK PQN:Germany

Address

Calle Santa Sabina, 8, Madrid, ESP, 28007

Website

https://www.prosegurcash.com

Prosegur Cash SA is engaged in the transit business and the outsourcing of services to financial institutions, retail establishments, government agencies and central banks, national mints, jewelers and other business activities around the world. The company's business lines can be categorized into Transport, Cash management, and New Products such as Automation of payments in shops using self-service cash machines, among others. The Business Divisions of the company are divided into three geographical segments: Europe, Asia-Oceania-Africa (AOA) and Ibero-America. The majority of the revenue is generated from the Ibero-America segment.