Misr Beni Suef Cement (Lafarge) (CAI:MBSC) Debt-to-Equity : 0.44 (As of Dec. 2023)

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What is Misr Beni Suef Cement (Lafarge) Debt-to-Equity?

Misr Beni Suef Cement (Lafarge)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was E£369 Mil. Misr Beni Suef Cement (Lafarge)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was E£0 Mil. Misr Beni Suef Cement (Lafarge)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was E£842 Mil. Misr Beni Suef Cement (Lafarge)'s debt to equity for the quarter that ended in Dec. 2023 was 0.44.

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 Misr Beni Suef Cement (Lafarge)'s Debt-to-Equity or its related term are showing as below:

CAI:MBSC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.41 Max: 0.44
Current: 0.44

During the past 7 years, the highest Debt-to-Equity Ratio of Misr Beni Suef Cement (Lafarge) was 0.44. The lowest was 0.39. And the median was 0.41.

CAI:MBSC's Debt-to-Equity is ranked worse than
55.62% of 356 companies
in the Building Materials industry
Industry Median: 0.37 vs CAI:MBSC: 0.44

Misr Beni Suef Cement (Lafarge) Debt-to-Equity Historical Data

The historical data trend for Misr Beni Suef Cement (Lafarge)'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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Misr Beni Suef Cement (Lafarge) Debt-to-Equity Chart

Misr Beni Suef Cement (Lafarge) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.39

0.44

Misr Beni Suef Cement (Lafarge) Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	0.39	0.44

Competitive Comparison of Misr Beni Suef Cement (Lafarge)'s Debt-to-Equity

For the Building Materials subindustry, Misr Beni Suef Cement (Lafarge)'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.

Misr Beni Suef Cement (Lafarge)'s Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Misr Beni Suef Cement (Lafarge)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Misr Beni Suef Cement (Lafarge)'s Debt-to-Equity falls into.

Misr Beni Suef Cement (Lafarge) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Misr Beni Suef Cement (Lafarge)'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
	=	(368.711	+	0)	/	842.003
	=	0.44

Misr Beni Suef Cement (Lafarge)'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
	=	(368.711	+	0)	/	842.003
	=	0.44

Misr Beni Suef Cement (Lafarge) (CAI:MBSC) 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.

Misr Beni Suef Cement (Lafarge) Debt-to-Equity Related Terms

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Misr Beni Suef Cement (Lafarge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Misr Beni Suef Cement (Lafarge) SA (CAI:MBSC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 El Marwa Street, Behind El Maadi Towers (Othman Towers) Corniche, Beside Family Cinema, Maadi - Cairo, EGY

Website

http://www.mbccegypt.com

Misr Beni Suef Cement (Lafarge) SA manufactures construction materials. It produces and sells Portland cement, clinker, and related materials in Egypt. The company offers its cement packed as bulk cement or bagged cement.