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Coral Products (LSE:CRU) Debt-to-Equity : 0.83 (As of Oct. 2023)


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What is Coral Products Debt-to-Equity?

Coral Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £6.34 Mil. Coral Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £5.62 Mil. Coral Products's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £14.45 Mil. Coral Products's debt to equity for the quarter that ended in Oct. 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 Coral Products's Debt-to-Equity or its related term are showing as below:

LSE:CRU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.55   Max: 0.85
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Coral Products was 0.85. The lowest was 0.22. And the median was 0.55.

LSE:CRU's Debt-to-Equity is ranked worse than
74.06% of 347 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs LSE:CRU: 0.83

Coral Products Debt-to-Equity Historical Data

The historical data trend for Coral Products'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.

Coral Products Debt-to-Equity Chart

Coral Products Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.55 0.22 0.23 0.85

Coral Products Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.25 0.23 0.67 0.85 0.83

Competitive Comparison of Coral Products's Debt-to-Equity

For the Packaging & Containers subindustry, Coral Products'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.


Coral Products's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Coral Products's Debt-to-Equity distribution charts can be found below:

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



Coral Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coral Products's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Coral Products's Debt to Equity Ratio for the quarter that ended in Oct. 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.


Coral Products  (LSE:CRU) 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.


Coral Products Debt-to-Equity Related Terms

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


Coral Products (LSE:CRU) Business Description

Traded in Other Exchanges
N/A
Address
Southmoor Road, Roundthorn Industrial Estate, Wythenshawe, Manchester, GBR, M23 9DS
Coral Products PLC is a plastic injection and extrusion molded products manufacturer. The company serves diverse sectors including food packaging, personal care, household, healthcare, automotive, online totes, telecoms, and rail. The majority of the company revenues are generated from the United Kingdom business.