Colorado Peintures (CAS:COL) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Colorado Peintures Debt-to-Equity?

Colorado Peintures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0.0 Mil. Colorado Peintures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD4.0 Mil. Colorado Peintures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD326.5 Mil. Colorado Peintures's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Colorado Peintures's Debt-to-Equity or its related term are showing as below:

CAS:COL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.1
Current: 0.01

During the past 11 years, the highest Debt-to-Equity Ratio of Colorado Peintures was 0.10. The lowest was 0.01. And the median was 0.06.

CAS:COL's Debt-to-Equity is ranked better than
99.93% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs CAS:COL: 0.01

Colorado Peintures Debt-to-Equity Historical Data

The historical data trend for Colorado Peintures'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.

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Colorado Peintures Debt-to-Equity Chart

Colorado Peintures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.01

Colorado Peintures Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.13	0.01	-	0.01

Competitive Comparison of Colorado Peintures's Debt-to-Equity

For the Specialty Chemicals subindustry, Colorado Peintures'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.

Colorado Peintures's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Colorado Peintures's Debt-to-Equity distribution charts can be found below:

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

Colorado Peintures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Colorado Peintures'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
	=	(0	+	4.042)	/	326.474
	=	0.01

Colorado Peintures'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
	=	(0	+	4.042)	/	326.474
	=	0.01

Colorado Peintures (CAS:COL) 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.

Colorado Peintures Debt-to-Equity Related Terms

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Colorado Peintures (CAS:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Colorado Peintures (CAS:COL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route My Thami Km 15, Commune Rurale Oulad Azouz, Dar Bouazza, Casablanca, MAR, 20100

Website

http://www.colorado.ma

Colorado Peintures is engaged in the production of architectural paint as well as decorative paints. The company provides interior paints, exterior paints, automotive refinish, tinting machine, and industrial coatings.