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Compagnie de Transports au Maroc (CAS:CTM) Debt-to-Equity : 0.83 (As of Jun. 2023)


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What is Compagnie de Transports au Maroc Debt-to-Equity?

Compagnie de Transports au Maroc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was MAD234.4 Mil. Compagnie de Transports au Maroc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was MAD0.0 Mil. Compagnie de Transports au Maroc's Total Stockholders Equity for the quarter that ended in Jun. 2023 was MAD282.7 Mil. Compagnie de Transports au Maroc's debt to equity for the quarter that ended in Jun. 2023 was 0.83.

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 Compagnie de Transports au Maroc's Debt-to-Equity or its related term are showing as below:

CAS:CTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83   Med: 1.04   Max: 1.69
Current: 0.83

During the past 11 years, the highest Debt-to-Equity Ratio of Compagnie de Transports au Maroc was 1.69. The lowest was 0.83. And the median was 1.04.

CAS:CTM's Debt-to-Equity is ranked worse than
62.85% of 883 companies
in the Transportation industry
Industry Median: 0.56 vs CAS:CTM: 0.83

Compagnie de Transports au Maroc Debt-to-Equity Historical Data

The historical data trend for Compagnie de Transports au Maroc'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.

Compagnie de Transports au Maroc Debt-to-Equity Chart

Compagnie de Transports au Maroc Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.94 1.15 0.90 0.87

Compagnie de Transports au Maroc Semi-Annual Data
Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.18 0.90 1.23 0.87 0.83

Competitive Comparison of Compagnie de Transports au Maroc's Debt-to-Equity

For the Railroads subindustry, Compagnie de Transports au Maroc'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.


Compagnie de Transports au Maroc's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Compagnie de Transports au Maroc's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Compagnie de Transports au Maroc's Debt-to-Equity falls into.



Compagnie de Transports au Maroc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Compagnie de Transports au Maroc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Compagnie de Transports au Maroc's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Compagnie de Transports au Maroc  (CAS:CTM) 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.


Compagnie de Transports au Maroc Debt-to-Equity Related Terms

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Compagnie de Transports au Maroc (CAS:CTM) Business Description

Traded in Other Exchanges
N/A
Address
Km 13.5 Casa-Rabat Highway, Sidi Bernoussi, Casablanca, MAR, 20600
Compagnie de Transports au Maroc provides transportation services in Morocco. Its services include passenger transportation, express delivery, tourist transportation, among others.