CDLR (Cadeler AS) Debt-to-Asset : 0.30 (As of Dec. 2024)

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What is Cadeler AS Debt-to-Asset?

Cadeler AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $34.0 Mil. Cadeler AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $575.4 Mil. Cadeler AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $2,028.3 Mil. Cadeler AS's debt to asset for the quarter that ended in Dec. 2024 was 0.30.

Cadeler AS Debt-to-Asset Historical Data

The historical data trend for Cadeler AS's Debt-to-Asset 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.

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Cadeler AS Debt-to-Asset Chart

Cadeler AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.22

0.17

0.30

Cadeler AS Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial												0.17	0.18	0.22	0.32	0.30

Competitive Comparison of Cadeler AS's Debt-to-Asset

For the Engineering & Construction subindustry, Cadeler AS's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Cadeler AS's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cadeler AS's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Cadeler AS's Debt-to-Asset falls into.

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Cadeler AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cadeler AS's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(33.965	+	575.446)	/	2028.289
	=	0.30

Cadeler AS's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(33.965	+	575.446)	/	2028.289
	=	0.30

Cadeler AS (NYSE:CDLR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Cadeler AS Debt-to-Asset Related Terms

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Cadeler AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cadeler AS (NYSE:CDLR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

CADLF:USA CADLRo:Sweden CADLR:Norway CADLRo:UK CA2:Germany

Address

Kalvebod Brygge 43, Copenhagen, DNK, DK-1560

Website

https://www.cadeler.com

Cadeler AS is an offshore wind farm vessel contractor. It is engaged in offshore wind farm construction, maintenance, and decommissioning and provides marine and engineering operations to the wind industry, focusing on safety and the environment. The company operates six offshore jack-up wind farm installation vessels. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.