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Cordiant Digital Infrastructure (LSE:CORD) Debt-to-Equity : 0.19 (As of Sep. 2023)


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What is Cordiant Digital Infrastructure Debt-to-Equity?

Cordiant Digital Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Cordiant Digital Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £168.94 Mil. Cordiant Digital Infrastructure's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £868.58 Mil. Cordiant Digital Infrastructure's debt to equity for the quarter that ended in Sep. 2023 was 0.19.

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 Cordiant Digital Infrastructure's Debt-to-Equity or its related term are showing as below:

LSE:CORD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.19   Max: 0.19
Current: 0.19

During the past 2 years, the highest Debt-to-Equity Ratio of Cordiant Digital Infrastructure was 0.19. The lowest was 0.19. And the median was 0.19.

LSE:CORD's Debt-to-Equity is ranked better than
51.52% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:CORD: 0.19

Cordiant Digital Infrastructure Debt-to-Equity Historical Data

The historical data trend for Cordiant Digital Infrastructure'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.

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Cordiant Digital Infrastructure Debt-to-Equity Chart

Cordiant Digital Infrastructure Annual Data
Trend Mar22 Mar23
Debt-to-Equity
- -

Cordiant Digital Infrastructure Semi-Annual Data
Mar22 Sep22 Mar23 Sep23
Debt-to-Equity - - - 0.19

Competitive Comparison of Cordiant Digital Infrastructure's Debt-to-Equity

For the Asset Management subindustry, Cordiant Digital Infrastructure'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.


Cordiant Digital Infrastructure's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cordiant Digital Infrastructure's Debt-to-Equity distribution charts can be found below:

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



Cordiant Digital Infrastructure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cordiant Digital Infrastructure's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Cordiant Digital Infrastructure's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Cordiant Digital Infrastructure  (LSE:CORD) 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.


Cordiant Digital Infrastructure Debt-to-Equity Related Terms

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


Cordiant Digital Infrastructure (LSE:CORD) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP
Cordiant Digital Infrastructure Ltd is an investment company. Its principal activity is to invest in Digital Infrastructure Assets. The company seeks to generate attractive total returns for shareholders over the longer term, comprising capital growth and a progressive dividend, through investment in digital infrastructure assets.

Cordiant Digital Infrastructure (LSE:CORD) Headlines

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