Fomento de Construcciones y Contratas (Fomento de Construcciones y Contratas) Debt-to-Equity : 1.37 (As of Jun. 2023)

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What is Fomento de Construcciones y Contratas Debt-to-Equity?

Fomento de Construcciones y Contratas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1,449 Mil. Fomento de Construcciones y Contratas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3,961 Mil. Fomento de Construcciones y Contratas's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $3,948 Mil. Fomento de Construcciones y Contratas's debt to equity for the quarter that ended in Jun. 2023 was 1.37.

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 Fomento de Construcciones y Contratas's Debt-to-Equity or its related term are showing as below:

FMOCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.37 Med: 4.21 Max: 2302.69
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of Fomento de Construcciones y Contratas was 2302.69. The lowest was 1.37. And the median was 4.21.

FMOCF's Debt-to-Equity is ranked worse than
82.35% of 221 companies
in the Waste Management industry
Industry Median: 0.73 vs FMOCF: 1.37

Fomento de Construcciones y Contratas Debt-to-Equity Historical Data

The historical data trend for Fomento de Construcciones y Contratas'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.

Fomento de Construcciones y Contratas Debt-to-Equity Chart

Fomento de Construcciones y Contratas Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.51

2.81

2.03

1.77

1.59

Fomento de Construcciones y Contratas Semi-Annual Data
	Dec13	Jun14	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															1.53	1.77	1.45	1.59	1.37

Competitive Comparison of Fomento de Construcciones y Contratas's Debt-to-Equity

For the Waste Management subindustry, Fomento de Construcciones y Contratas'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.

Fomento de Construcciones y Contratas's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Fomento de Construcciones y Contratas's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fomento de Construcciones y Contratas's Debt-to-Equity falls into.

Fomento de Construcciones y Contratas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fomento de Construcciones y Contratas's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1260.988	+	4430.344)	/	3588.858
	=	1.59

Fomento de Construcciones y Contratas's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1449.269	+	3960.769)	/	3948.276
	=	1.37

Fomento de Construcciones y Contratas (OTCPK:FMOCF) 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.

Fomento de Construcciones y Contratas Debt-to-Equity Related Terms

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

Fomento de Construcciones y Contratas (Fomento de Construcciones y Contratas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Fomento de Construcciones y Contratas SA (OTCPK:FMOCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0HAA:UK FCC:Spain FCC:Germany

Address

Federico Salmon, 13, Madrid, ESP, 28016

Website

http://www.fcc.es

Fomento de Construcciones y Contratas SA is in the business of environmental services, end to end water management, construction and cement. The company's activities include services related to urban water treatment, waste recovery, end to end water cycle and also infrastructure construction projects, building construction, manufacturing of cement and concrete and operation of quarries and mineral deposits. The firm derives majority of its revenues from environmental services segment. It carries out international operations in European, the US and Latin American markets.