Irish Continental Group (DUB:IR5B) Debt-to-Equity : 0.68 (As of Dec. 2023)

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What is Irish Continental Group Debt-to-Equity?

Irish Continental Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €124.0 Mil. Irish Continental Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €66.5 Mil. Irish Continental Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €282.3 Mil. Irish Continental Group's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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 Irish Continental Group's Debt-to-Equity or its related term are showing as below:

DUB:IR5B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.77 Max: 1.37
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Irish Continental Group was 1.37. The lowest was 0.23. And the median was 0.77.

DUB:IR5B's Debt-to-Equity is ranked worse than
56.92% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs DUB:IR5B: 0.68

Irish Continental Group Debt-to-Equity Historical Data

The historical data trend for Irish Continental Group'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.

Irish Continental Group Debt-to-Equity Chart

Irish Continental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.83

0.90

0.72

0.81

0.68

Irish Continental Group 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															0.72	0.77	0.81	0.76	0.68

Competitive Comparison of Irish Continental Group's Debt-to-Equity

For the Marine Shipping subindustry, Irish Continental Group'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.

Irish Continental Group's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Irish Continental Group's Debt-to-Equity distribution charts can be found below:

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

Irish Continental Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Irish Continental Group'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
	=	(124	+	66.5)	/	282.3
	=	0.67

Irish Continental Group'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
	=	(124	+	66.5)	/	282.3
	=	0.67

Irish Continental Group (DUB:IR5B) 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.

Irish Continental Group Debt-to-Equity Related Terms

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

Irish Continental Group (DUB:IR5B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Irish Continental Group PLC (DUB:IR5B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IRCUF:USA ICGC:UK IR5B:Germany

Address

Alexandra Road, Ferryport, Dublin 1, IRL, D01W2F5

Website

https://www.icg.ie

Irish Continental Group PLC is a transportation and logistics company domiciled in Ireland. The company organizes itself into two segments: ferries and containers & terminals. The ferries segment transports passengers and vehicles on roll-on/roll-off ferries and chartering vessels. The containers and terminal segment transports cargo and provides stevedoring and other related terminal services. Its geographical segments are Ireland, United Kingdom, Netherlands, Belgium, France, and Others.

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