Cedar Woods Properties (ASX:CWP) Debt-to-Equity : 0.66 (As of Dec. 2023)

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What is Cedar Woods Properties Debt-to-Equity?

Cedar Woods Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$29.8 Mil. Cedar Woods Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$253.5 Mil. Cedar Woods Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$428.6 Mil. Cedar Woods Properties's debt to equity for the quarter that ended in Dec. 2023 was 0.66.

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 Cedar Woods Properties's Debt-to-Equity or its related term are showing as below:

ASX:CWP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.38 Max: 0.66
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Cedar Woods Properties was 0.66. The lowest was 0.10. And the median was 0.38.

ASX:CWP's Debt-to-Equity is ranked better than
55.11% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs ASX:CWP: 0.66

Cedar Woods Properties Debt-to-Equity Historical Data

The historical data trend for Cedar Woods Properties'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.

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Cedar Woods Properties Debt-to-Equity Chart

Cedar Woods Properties Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.32

0.39

0.30

0.48

Cedar Woods Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.50	0.48	0.58	0.48	0.66

Competitive Comparison of Cedar Woods Properties's Debt-to-Equity

For the Real Estate - Development subindustry, Cedar Woods Properties'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.

Cedar Woods Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cedar Woods Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cedar Woods Properties's Debt-to-Equity falls into.

Cedar Woods Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cedar Woods Properties's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.617	+	204.182)	/	431.102
	=	0.48

Cedar Woods Properties'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
	=	(29.75	+	253.459)	/	428.569
	=	0.66

Cedar Woods Properties (ASX:CWP) 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.

Cedar Woods Properties Debt-to-Equity Related Terms

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

Cedar Woods Properties (ASX:CWP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cedar Woods Properties Ltd (ASX:CWP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Colin Street, Level 4, West Perth, Perth, WA, AUS, 6005

Website

https://www.cedarwoods.com.au

Cedar Woods Properties Ltd is an Australian property development company. The company's principal interests are in urban land subdivision and built-form development for residential, commercial, and retail purposes. The firm offers a range of housing lots, apartments, townhouses, and commercial properties. Its portfolio of assets is located in Western Australia, Victoria, Queensland, and South Australia.

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