Chimcomplex Borzesti (BSE:CRC) Debt-to-Equity : 0.39 (As of Jun. 2024)

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What is Chimcomplex Borzesti Debt-to-Equity?

Chimcomplex Borzesti's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was lei286 Mil. Chimcomplex Borzesti's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was lei395 Mil. Chimcomplex Borzesti's Total Stockholders Equity for the quarter that ended in Jun. 2024 was lei1,755 Mil. Chimcomplex Borzesti's debt to equity for the quarter that ended in Jun. 2024 was 0.39.

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 Chimcomplex Borzesti's Debt-to-Equity or its related term are showing as below:

BSE:CRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.36 Max: 2.46
Current: 0.39

During the past 9 years, the highest Debt-to-Equity Ratio of Chimcomplex Borzesti was 2.46. The lowest was 0.16. And the median was 0.36.

BSE:CRC's Debt-to-Equity is ranked worse than
52.07% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs BSE:CRC: 0.39

Chimcomplex Borzesti Debt-to-Equity Historical Data

The historical data trend for Chimcomplex Borzesti'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.

Chimcomplex Borzesti Debt-to-Equity Chart

Chimcomplex Borzesti Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.46

1.74

0.19

0.28

0.38

Chimcomplex Borzesti Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial													-	0.28	0.36	0.38	0.39

Competitive Comparison of Chimcomplex Borzesti's Debt-to-Equity

For the Chemicals subindustry, Chimcomplex Borzesti'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.

Chimcomplex Borzesti's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chimcomplex Borzesti's Debt-to-Equity distribution charts can be found below:

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

Chimcomplex Borzesti Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chimcomplex Borzesti'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
	=	(277.884	+	387.011)	/	1732.686
	=	0.38

Chimcomplex Borzesti's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(285.849	+	395.178)	/	1754.531
	=	0.39

Chimcomplex Borzesti (BSE:CRC) 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.

Chimcomplex Borzesti Debt-to-Equity Related Terms

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Chimcomplex Borzesti Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chimcomplex SA Borzesti (BSE:CRC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piata Presei Libere No. 3-5, City Gate Turnul de Sud, Floor 17, Sector 1, Bucharest, ROU

Website

https://www.chimcomplex.com

Chimcomplex SA Borzesti operates as a chemical manufacturing company in Romania. Its product portfolio comprises chlorine, organic solvents, inorganic chlorides, alkylamines, and other products.