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Compagnie du Mont-Blanc (XPAR:MLCMB) Debt-to-Equity : 0.96 (As of May. 2023)


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What is Compagnie du Mont-Blanc Debt-to-Equity?

Compagnie du Mont-Blanc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was €13.2 Mil. Compagnie du Mont-Blanc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was €156.4 Mil. Compagnie du Mont-Blanc's Total Stockholders Equity for the quarter that ended in May. 2023 was €177.1 Mil. Compagnie du Mont-Blanc's debt to equity for the quarter that ended in May. 2023 was 0.96.

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 Compagnie du Mont-Blanc's Debt-to-Equity or its related term are showing as below:

XPAR:MLCMB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.96   Med: 1.28   Max: 1.39
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Compagnie du Mont-Blanc was 1.39. The lowest was 0.96. And the median was 1.28.

XPAR:MLCMB's Debt-to-Equity is ranked worse than
68.07% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XPAR:MLCMB: 0.96

Compagnie du Mont-Blanc Debt-to-Equity Historical Data

The historical data trend for Compagnie du Mont-Blanc'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.

Compagnie du Mont-Blanc Debt-to-Equity Chart

Compagnie du Mont-Blanc Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.37 1.31 1.06 0.96

Compagnie du Mont-Blanc Semi-Annual Data
May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
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 1.32 1.37 1.31 1.06 0.96

Competitive Comparison of Compagnie du Mont-Blanc's Debt-to-Equity

For the Leisure subindustry, Compagnie du Mont-Blanc'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.


Compagnie du Mont-Blanc's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Compagnie du Mont-Blanc's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Compagnie du Mont-Blanc's Debt-to-Equity falls into.



Compagnie du Mont-Blanc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Compagnie du Mont-Blanc's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Compagnie du Mont-Blanc's Debt to Equity Ratio for the quarter that ended in May. 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.


Compagnie du Mont-Blanc  (XPAR:MLCMB) 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.


Compagnie du Mont-Blanc Debt-to-Equity Related Terms

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Compagnie du Mont-Blanc (XPAR:MLCMB) Business Description

Traded in Other Exchanges
N/A
Address
35 place de la Mer de Glace, Chamonix, FRA, 74400
Compagnie du Mont-Blanc operates as a ski lift company in France. The company is involved in serving and providing transportation in the mountains by ski lifts, chairlifts, gondolas, cable cars, and cog railways.

Compagnie du Mont-Blanc (XPAR:MLCMB) Headlines

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