CAFCA (XZIM:CAFCA.ZW) Debt-to-Equity : 0.06 (As of Sep. 2023)

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What is CAFCA Debt-to-Equity?

CAFCA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL3,927 Mil. CAFCA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL0 Mil. CAFCA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ZWL65,594 Mil. CAFCA's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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 CAFCA's Debt-to-Equity or its related term are showing as below:

XZIM:CAFCA.ZW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.21
Current: 0.06

During the past 9 years, the highest Debt-to-Equity Ratio of CAFCA was 0.21. The lowest was 0.03. And the median was 0.07.

XZIM:CAFCA.ZW's Debt-to-Equity is ranked better than
81.44% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs XZIM:CAFCA.ZW: 0.06

CAFCA Debt-to-Equity Historical Data

The historical data trend for CAFCA'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.

CAFCA Debt-to-Equity Chart

CAFCA Annual Data

Trend

Dec09

Sep11

Sep12

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.03

0.07

0.08

0.21

0.06

CAFCA Semi-Annual Data
	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							0.08	0.15	0.21	0.03	0.06

Competitive Comparison of CAFCA's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, CAFCA'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.

CAFCA's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CAFCA's Debt-to-Equity distribution charts can be found below:

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

CAFCA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CAFCA's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(3926.561	+	0)	/	65593.723
	=	0.06

CAFCA's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3926.561	+	0)	/	65593.723
	=	0.06

CAFCA (XZIM:CAFCA.ZW) 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.

CAFCA Debt-to-Equity Related Terms

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

CAFCA (XZIM:CAFCA.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CAFCA Ltd (XZIM:CAFCA.ZW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CAC:South Africa

Address

54 Lytton Road, P.O. Box 1651, Workington, Harare, ZWE

Website

https://www.cafca.co.zw

CAFCA Ltd manufactures and supplies cables for transmission and distribution of energy and information. It offers a toll manufacturing option to customers who can access key raw materials like copper and aluminum. The company's product offering includes Power Cables, Cat Cables, Telecommunications cables, Aluminium Cables, and Copper Cables. Geographically, it derives a majority of revenue from Zimbabwe.

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