Cenergy Holdings (XBRU:CENER) Debt-to-Equity : 1.39 (As of Dec. 2023)

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What is Cenergy Holdings Debt-to-Equity?

Cenergy Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €346.31 Mil. Cenergy Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €214.66 Mil. Cenergy Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €405.04 Mil. Cenergy Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.38.

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 Cenergy Holdings's Debt-to-Equity or its related term are showing as below:

XBRU:CENER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 1.79 Max: 2.65
Current: 1.39

During the past 11 years, the highest Debt-to-Equity Ratio of Cenergy Holdings was 2.65. The lowest was 0.84. And the median was 1.79.

XBRU:CENER's Debt-to-Equity is ranked worse than
92.37% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs XBRU:CENER: 1.39

Cenergy Holdings Debt-to-Equity Historical Data

The historical data trend for Cenergy Holdings'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.

Cenergy Holdings Debt-to-Equity Chart

Cenergy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.18

1.62

1.42

1.77

1.39

Cenergy Holdings Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.77	2.07	N/A	1.39

Competitive Comparison of Cenergy Holdings's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Cenergy Holdings'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.

Cenergy Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cenergy Holdings's Debt-to-Equity distribution charts can be found below:

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

Cenergy Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cenergy Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(346.314	+	214.657)	/	405.037
	=	1.38

Cenergy Holdings'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
	=	(346.314	+	214.657)	/	405.037
	=	1.38

Cenergy Holdings (XBRU:CENER) 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.

Cenergy Holdings Debt-to-Equity Related Terms

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Cenergy Holdings (XBRU:CENER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cenergy Holdings SA (XBRU:CENER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CENER:Greece 9CN:Germany

Address

30 Marnix Avenue, Brussels, BEL, 1000

Website

https://www.cenergyholdings.com

Cenergy Holdings SA is engaged in the production, distribution, and trading of cables for power transmission, distribution & renewables, oil and gas transportation and drilling, telecom, and data transmission and construction and industrial markets, and steel pipes. The company is divided into two segments namely Cables and Steel Pipes. The Cables segment manufactures power, telecommunication, and submarine cables, as well as enameled wires and compounds. The Steel Pipes segment produces steel pipes for the transportation of natural gas, oil, and water networks, as well as steel hollow sections that are used in construction projects. Geographically, the majority is from America.

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