Ciments du Maroc (CAS:CMA) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Ciments du Maroc Debt-to-Equity?

Ciments du Maroc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0 Mil. Ciments du Maroc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0 Mil. Ciments du Maroc's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD3,429 Mil. Ciments du Maroc's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Ciments du Maroc's Debt-to-Equity or its related term are showing as below:

CAS:CMA'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.

Ciments du Maroc Debt-to-Equity Historical Data

The historical data trend for Ciments du Maroc'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.

Ciments du Maroc Debt-to-Equity Chart

Ciments du Maroc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Ciments du Maroc 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															-	-	-	-	-

Competitive Comparison of Ciments du Maroc's Debt-to-Equity

For the Building Materials subindustry, Ciments du Maroc'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.

Ciments du Maroc's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Debt-to-Equity falls into.

Ciments du Maroc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ciments du Maroc'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
	=	(0	+	0)	/	3428.715
	=	0.00

Ciments du Maroc'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
	=	(0	+	0)	/	3428.715
	=	0.00

Ciments du Maroc (CAS:CMA) 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.

Ciments du Maroc Debt-to-Equity Related Terms

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Ciments du Maroc (CAS:CMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ciments du Maroc SA (CAS:CMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

621. Boulevard Panoramique, Casablanca, MAR, 20150

Website

http://www.cimentsdumaroc.com

Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.