Calian Group (TSX:CGY) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is Calian Group Debt-to-Equity?

Calian Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$98.9 Mil. Calian Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$33.6 Mil. Calian Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$329.6 Mil. Calian Group's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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

TSX:CGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.4
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Calian Group was 0.40. The lowest was 0.06. And the median was 0.10.

TSX:CGY's Debt-to-Equity is ranked worse than
50.38% of 927 companies
in the Business Services industry
Industry Median: 0.38 vs TSX:CGY: 0.40

Calian Group Debt-to-Equity Historical Data

The historical data trend for Calian 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.

Calian Group Debt-to-Equity Chart

Calian Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.11

0.10

0.06

0.09

0.23

Calian Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.06	0.06	0.23	0.40

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

For the Specialty Business Services subindustry, Calian 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.

Calian Group's Debt-to-Equity Distribution in the Business Services Industry

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

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

Calian Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Calian Group's Debt to Equity Ratio for the fiscal year 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
	=	(42.699	+	32.057)	/	328.372
	=	0.23

Calian 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
	=	(98.906	+	33.571)	/	329.574
	=	0.40

Calian Group (TSX:CGY) 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.

Calian Group Debt-to-Equity Related Terms

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

Calian Group (TSX:CGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Calian Group Ltd (TSX:CGY) » Definitions » Debt-to-Equity

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CLNFF:USA

Address

770 Palladium Drive, Ottawa, ON, CAN, K2V 1C8

Website

https://www.calian.com

Calian Group Ltd provides services and solutions to both industry and government customers in the areas of health, learning, defence, security, aerospace, engineering, AgTech, satellite communications (satcom), and IT. The company operates through four segments namely Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). It generates maximum revenue from the ITCS segment. The ITCS portfolio of the company includes on-demand resourcing, IT and cybersecurity consulting, managed services, Software as a Service (Saas) and others. Geographically, the company generates the majority of its revenue from its operations in Canada and also has presence in United States, Europe and other regions.

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