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CIMIC Group (ASX:CIM) Debt-to-Equity : 2.51 (As of Dec. 2021)


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What is CIMIC Group Debt-to-Equity?

CIMIC Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was A$346 Mil. CIMIC Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was A$2,374 Mil. CIMIC Group's Total Stockholders Equity for the quarter that ended in Dec. 2021 was A$1,083 Mil. CIMIC Group's debt to equity for the quarter that ended in Dec. 2021 was 2.51.

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

ASX:CIM's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

CIMIC Group Debt-to-Equity Historical Data

The historical data trend for CIMIC 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.

CIMIC Group Debt-to-Equity Chart

CIMIC Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.22 2.41 3.32 2.51

CIMIC Group Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.41 7.54 3.32 3.58 2.51

Competitive Comparison of CIMIC Group's Debt-to-Equity

For the Engineering & Construction subindustry, CIMIC 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.


CIMIC Group's Debt-to-Equity Distribution in the Construction Industry

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

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



CIMIC Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CIMIC Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

CIMIC Group's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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.


CIMIC Group  (ASX:CIM) 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.


CIMIC Group Debt-to-Equity Related Terms

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


CIMIC Group (ASX:CIM) Business Description

Traded in Other Exchanges
N/A
Address
177 Pacific Highway, Level 25, North Sydney, Sydney, NSW, AUS, 2060
Cimic is Australia's largest contractor, providing engineering, construction, contract mining services to the infrastructure, mining, energy, and property sectors. The business structure consists of construction, contract mining, public-private partnerships, and property, along with 45%-owned Habtoor Leighton. Cimic has exited its Middle East business. ACS/Hochtief owns 79% of Cimic. Cimic will be compulsorily acquired by major shareholder Hochtief.