Catering International Services (XPAR:ALCIS) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Catering International Services Debt-to-Equity?

Catering International Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €15.3 Mil. Catering International Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €30.3 Mil. Catering International Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €63.6 Mil. Catering International Services's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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 Catering International Services's Debt-to-Equity or its related term are showing as below:

XPAR:ALCIS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.29 Max: 0.72
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Catering International Services was 0.72. The lowest was 0.09. And the median was 0.29.

XPAR:ALCIS's Debt-to-Equity is ranked worse than
65.3% of 928 companies
in the Business Services industry
Industry Median: 0.38 vs XPAR:ALCIS: 0.72

Catering International Services Debt-to-Equity Historical Data

The historical data trend for Catering International Services'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.

Catering International Services Debt-to-Equity Chart

Catering International Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.72

0.63

0.26

0.72

Catering International Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.60	0.26	0.13	0.72

Competitive Comparison of Catering International Services's Debt-to-Equity

For the Specialty Business Services subindustry, Catering International Services'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.

Catering International Services's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Catering International Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Catering International Services's Debt-to-Equity falls into.

Catering International Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Catering International Services'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
	=	(15.306	+	30.256)	/	63.612
	=	0.72

Catering International Services'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
	=	(15.306	+	30.256)	/	63.612
	=	0.72

Catering International Services (XPAR:ALCIS) 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.

Catering International Services Debt-to-Equity Related Terms

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

Catering International Services (XPAR:ALCIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Catering International Services (XPAR:ALCIS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8WG:Germany

Address

40 C, avenue de Hambourg BP 184, Marseille, FRA, 13008

Website

https://www.cis-catering.com

Catering International Services is engaged in the business of providing catering accommodations and facilities management services for companies operating in difficult environments. The company is engaged in promoting the socio-economic development of local populations in countries where it operates and also integrated services with its core business. Its services portfolio consists of transport and supply, construction, engineering, multi-technical maintenance, waste management, housekeeping, collection, laundry etc. The company has Africa, Asia, Oceania, Middle East, South America and Commonwealth of independent states geographic segments. It derives the majority of its revenue from Africa segment.

Catering International Services (XPAR:ALCIS) Headlines

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