Maroc Telecom (XPAR:IAM) Debt-to-Equity : 1.02 (As of Dec. 2023)

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What is Maroc Telecom Debt-to-Equity?

Maroc Telecom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,203 Mil. Maroc Telecom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €380 Mil. Maroc Telecom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,558 Mil. Maroc Telecom's debt to equity for the quarter that ended in Dec. 2023 was 1.02.

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

XPAR:IAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 1.02 Max: 1.6
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Maroc Telecom was 1.60. The lowest was 0.42. And the median was 1.02.

XPAR:IAM's Debt-to-Equity is ranked worse than
66.67% of 348 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs XPAR:IAM: 1.02

Maroc Telecom Debt-to-Equity Historical Data

The historical data trend for Maroc Telecom'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.

Maroc Telecom Debt-to-Equity Chart

Maroc Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.57

1.60

1.10

1.31

1.02

Maroc Telecom 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															1.10	1.30	1.31	1.17	1.02

Competitive Comparison of Maroc Telecom's Debt-to-Equity

For the Telecom Services subindustry, Maroc Telecom'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.

Maroc Telecom's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's Debt-to-Equity distribution charts can be found below:

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

Maroc Telecom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maroc Telecom'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
	=	(1203.409	+	380.182)	/	1558.027
	=	1.02

Maroc Telecom'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
	=	(1203.409	+	380.182)	/	1558.027
	=	1.02

Maroc Telecom (XPAR:IAM) 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.

Maroc Telecom Debt-to-Equity Related Terms

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

Maroc Telecom (XPAR:IAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Maroc Telecom SA (XPAR:IAM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IAM:Morocco MSPA:Germany

Address

Avenue Annakhil, Hay Riad, Rabat, MAR

Website

https://www.iam.ma

Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.

Maroc Telecom (XPAR:IAM) Headlines

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