Candela Invest (XBRU:CAND) Debt-to-Equity : 2.62 (As of Jun. 2023)

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What is Candela Invest Debt-to-Equity?

Candela Invest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €3.98 Mil. Candela Invest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.00 Mil. Candela Invest's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €3.43 Mil. Candela Invest's debt to equity for the quarter that ended in Jun. 2023 was 2.62.

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

XBRU:CAND' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.53 Med: 1.76 Max: 2.62
Current: 2.62

During the past 9 years, the highest Debt-to-Equity Ratio of Candela Invest was 2.62. The lowest was 1.53. And the median was 1.76.

XBRU:CAND's Debt-to-Equity is ranked worse than
96.75% of 1014 companies
in the Asset Management industry
Industry Median: 0.195 vs XBRU:CAND: 2.62

Candela Invest Debt-to-Equity Historical Data

The historical data trend for Candela Invest'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.

Candela Invest Debt-to-Equity Chart

Candela Invest Annual Data

Trend

Jul10

Jul11

Jul12

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.53

1.64

1.85

1.75

2.43

Candela Invest Semi-Annual Data
	Jan10	Jul10	Jan11	Jul11	Jan12	Jul12	Jan13	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															1.70	1.75	2.27	2.43	2.62

Competitive Comparison of Candela Invest's Debt-to-Equity

For the Asset Management subindustry, Candela Invest'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.

Candela Invest's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Candela Invest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Candela Invest's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3.713	+	5)	/	3.593
	=	2.42

Candela Invest's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(3.984	+	5)	/	3.433
	=	2.62

Candela Invest (XBRU:CAND) 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.

Candela Invest Debt-to-Equity Related Terms

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

Candela Invest (XBRU:CAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Candela Invest SA (XBRU:CAND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070

Website

http://www.candelainvest.com

Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

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