Curtiss-Wright (Curtiss-Wright) Debt-to-Equity : 0.51 (As of Dec. 2023)

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What is Curtiss-Wright Debt-to-Equity?

Curtiss-Wright's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $31 Mil. Curtiss-Wright's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,165 Mil. Curtiss-Wright's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,328 Mil. Curtiss-Wright's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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

CW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.65 Max: 0.76
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Curtiss-Wright was 0.76. The lowest was 0.50. And the median was 0.65.

CW's Debt-to-Equity is ranked worse than
54.72% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs CW: 0.51

Curtiss-Wright Debt-to-Equity Historical Data

The historical data trend for Curtiss-Wright'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.

Curtiss-Wright Debt-to-Equity Chart

Curtiss-Wright Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.53

0.68

0.66

0.71

0.51

Curtiss-Wright 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															0.71	0.66	0.61	0.54	0.51

Competitive Comparison of Curtiss-Wright's Debt-to-Equity

For the Aerospace & Defense subindustry, Curtiss-Wright'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.

Curtiss-Wright's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Curtiss-Wright's Debt-to-Equity distribution charts can be found below:

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

Curtiss-Wright Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Curtiss-Wright'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
	=	(30.629	+	1164.57)	/	2328.413
	=	0.51

Curtiss-Wright'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
	=	(30.629	+	1164.57)	/	2328.413
	=	0.51

Curtiss-Wright (NYSE:CW) 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.

Curtiss-Wright Debt-to-Equity Related Terms

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

Curtiss-Wright (Curtiss-Wright) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Curtiss-Wright Corp (NYSE:CW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CWT:Germany

Address

130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036

Website

https://www.curtisswright.com

Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.

Executives

K Christopher Farkas	officer: Corporate Controller	C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
John C Watts	officer: Vice President Bus Dev & Strat	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Lynn J Bamford	director, officer: President and CEO	130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Robert J Freda	officer: Vice President and Treasurer	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Paul J Ferdenzi	officer: Vice President - HR	10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
David Charles Adams	officer: Vice President	C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Gary A Ogilby	officer: VP & Corporate Controller	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Larry D Wyche	director	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
William F Moran	director	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Kevin Rayment	officer: Vice President and COO	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Anthony J Moraco	director	1710 SAIC DRIVE, MCLEAN VA 22102
Tom P Quinly	officer: Vice President	C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Harry Jakubowitz	officer: Treasurer	C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
John B Nathman	director	C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Glenda J Minor	director	17000 ROTUNDA DRIVE, DEARBORN MI 48120