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Century Global Commodities (TSX:CNT) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Century Global Commodities Debt-to-Equity?

Century Global Commodities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.11 Mil. Century Global Commodities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.12 Mil. Century Global Commodities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$17.84 Mil. Century Global Commodities'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 Century Global Commodities's Debt-to-Equity or its related term are showing as below:

TSX:CNT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Century Global Commodities was 0.02. The lowest was 0.01. And the median was 0.01.

TSX:CNT's Debt-to-Equity is ranked better than
99.64% of 280 companies
in the Retail - Defensive industry
Industry Median: 0.61 vs TSX:CNT: 0.01

Century Global Commodities Debt-to-Equity Historical Data

The historical data trend for Century Global Commodities'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.

Century Global Commodities Debt-to-Equity Chart

Century Global Commodities Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.01 0.02 0.01

Century Global Commodities 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 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 0.01 0.01 0.01 0.02 0.01

Competitive Comparison of Century Global Commodities's Debt-to-Equity

For the Food Distribution subindustry, Century Global Commodities'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.


Century Global Commodities's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Century Global Commodities's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Century Global Commodities's Debt-to-Equity falls into.



Century Global Commodities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Century Global Commodities's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Century Global Commodities's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Century Global Commodities  (TSX:CNT) 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.


Century Global Commodities Debt-to-Equity Related Terms

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


Century Global Commodities (TSX:CNT) Business Description

Traded in Other Exchanges
Address
Houston Centre, 63 Mody Road, Unit 905-6, 9th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Century Global Commodities Corp is a diversified company primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group's corporate and managerial functions. It derives a majority of its revenue from the Food segment.
Executives
Sandy Chun Kwan Chim Director, Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Century Global Commodities (TSX:CNT) Headlines

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