Cemex Latam Holdings (BOG:CLH) Debt-to-Equity : 0.05 (As of Mar. 2023)

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What is Cemex Latam Holdings Debt-to-Equity?

Cemex Latam Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was COP214,607 Mil. Cemex Latam Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was COP46,303 Mil. Cemex Latam Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2023 was COP5,108,198 Mil. Cemex Latam Holdings's debt to equity for the quarter that ended in Mar. 2023 was 0.05.

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

BOG:CLH's Debt-to-Equity is not ranked ^*
in the Building Materials industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Cemex Latam Holdings Debt-to-Equity Historical Data

The historical data trend for Cemex Latam 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.

Cemex Latam Holdings Debt-to-Equity Chart

Cemex Latam Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.02

0.08

0.05

Cemex Latam Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.08	0.05	0.05	0.05

Competitive Comparison of Cemex Latam Holdings's Debt-to-Equity

For the Building Materials subindustry, Cemex Latam 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.

Cemex Latam Holdings's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemex Latam Holdings's Debt-to-Equity distribution charts can be found below:

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

Cemex Latam Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cemex Latam Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(204227.925	+	48933.432)	/	4964206.1
	=	0.05

Cemex Latam Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(214606.714	+	46303.077)	/	5108197.612
	=	0.05

Cemex Latam Holdings (BOG:CLH) 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.

Cemex Latam Holdings Debt-to-Equity Related Terms

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Cemex Latam Holdings (BOG:CLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex Latam Holdings SA (BOG:CLH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle 99 Edificio 100 Piso 7, No. 9A - 54, Bogota, Cundinamarca, COL

Website

https://www.cemexlatam.com

Cemex Latam Holdings SA manufactures and sells cement, aggregates, ready-mix concrete, and mortar. The company's customers include the housing and commercial construction industries as well as the infrastructure building industry. The firm also owns a chain of hardware retail stores, which it uses to distribute its products. Cemex organizes itself into four segments based on product: Cement, Concrete, Aggregates, and Other products. The majority of revenue is derived from the cement segment. The company sells its products throughout Central America, Mexico, and South America. The majority of revenue comes from Colombia.