Construcciones y Auxiliar de Ferrocarriles (XMAD:CAF) Debt-to-Equity : 0.95 (As of Dec. 2023)

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What is Construcciones y Auxiliar de Ferrocarriles Debt-to-Equity?

Construcciones y Auxiliar de Ferrocarriles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €303 Mil. Construcciones y Auxiliar de Ferrocarriles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €509 Mil. Construcciones y Auxiliar de Ferrocarriles's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €855 Mil. Construcciones y Auxiliar de Ferrocarriles's debt to equity for the quarter that ended in Dec. 2023 was 0.95.

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

XMAD:CAF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 1.19 Max: 1.64
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Construcciones y Auxiliar de Ferrocarriles was 1.64. The lowest was 0.90. And the median was 1.19.

XMAD:CAF's Debt-to-Equity is ranked worse than
67.76% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs XMAD:CAF: 0.95

Construcciones y Auxiliar de Ferrocarriles Debt-to-Equity Historical Data

The historical data trend for Construcciones y Auxiliar de Ferrocarriles'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.

Construcciones y Auxiliar de Ferrocarriles Debt-to-Equity Chart

Construcciones y Auxiliar de Ferrocarriles Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.55

1.64

1.40

1.12

0.95

Construcciones y Auxiliar de Ferrocarriles Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.29	N/A	1.12	1.16	0.95

Competitive Comparison of Construcciones y Auxiliar de Ferrocarriles's Debt-to-Equity

For the Railroads subindustry, Construcciones y Auxiliar de Ferrocarriles'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.

Construcciones y Auxiliar de Ferrocarriles's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Construcciones y Auxiliar de Ferrocarriles's Debt-to-Equity distribution charts can be found below:

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

Construcciones y Auxiliar de Ferrocarriles Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Construcciones y Auxiliar de Ferrocarriles'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
	=	(303.029	+	509.154)	/	855.237
	=	0.95

Construcciones y Auxiliar de Ferrocarriles'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
	=	(303.029	+	509.154)	/	855.237
	=	0.95

Construcciones y Auxiliar de Ferrocarriles (XMAD:CAF) 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.

Construcciones y Auxiliar de Ferrocarriles Debt-to-Equity Related Terms

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

Construcciones y Auxiliar de Ferrocarriles (XMAD:CAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Construcciones y Auxiliar de Ferrocarriles SA (XMAD:CAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CAFe:UK 0RKF:UK AXF1:Germany

Address

Jose Miguel Iturrioz, 26, Guipuzcoa, Beasain, ESP, 20200

Website

http://www.caf.net

Construcciones y Auxiliar de Ferrocarriles SA is a Spain-based company that offers comprehensive railway solutions. The company's train-related products comprise high-speed rolling stock, wheelsets, traction and communication systems, signaling systems, and related services including vehicle maintenance, vehicle upgrading and refurbishment, and aftersales technical supports. In addition to supplying train-related products, the company also helps customers conduct viability studies, civil work, electrification projects, and system operation. The company operates under concession or turnkey models. Construcciones y Auxiliar de Ferrocarriles has a global presence, with Europe and Brazil being the two largest markets.