Conrad Industries (Conrad Industries) Debt-to-Equity : 0.06 (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Conrad Industries Debt-to-Equity?

Conrad Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.50 Mil. Conrad Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.25 Mil. Conrad Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $83.06 Mil. Conrad Industries's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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 Conrad Industries's Debt-to-Equity or its related term are showing as below:

CNRD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.13
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Conrad Industries was 0.13. The lowest was 0.01. And the median was 0.11.

CNRD's Debt-to-Equity is ranked better than
89.37% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs CNRD: 0.06

Conrad Industries Debt-to-Equity Historical Data

The historical data trend for Conrad Industries'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.

Conrad Industries Debt-to-Equity Chart

Conrad Industries Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

Get a 7-Day Free Trial

0.13

0.12

0.11

Conrad Industries Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Sep22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.11	0.11	N/A	0.06

Competitive Comparison of Conrad Industries's Debt-to-Equity

For the Aerospace & Defense subindustry, Conrad Industries'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.

Conrad Industries's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Conrad Industries's Debt-to-Equity distribution charts can be found below:

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

Conrad Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Conrad Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
	=	(1.5	+	10.375)	/	112.127
	=	0.11

Conrad Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.5	+	3.25)	/	83.058
	=	0.06

Conrad Industries (OTCPK:CNRD) 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.

Conrad Industries Debt-to-Equity Related Terms

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

Conrad Industries (Conrad Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Conrad Industries Inc (OTCPK:CNRD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Brashear Avenue, Suite 200, Morgan City, LA, USA, 70380

Website

https://www.conradindustries.com

Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The business activity of the firm is operated through Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.

Executives

Myers Kenneth G Jr

director, officer: President and CEO

STEWART ENTERPRISES, INC., 1333 SOUTH CLEARVIEW PARKWAY, JEFFERSON LA 70121