SODEP -Marsa Maroc (CAS:MSA) Debt-to-Equity : 0.81 (As of Dec. 2023)

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What is SODEP -Marsa Maroc Debt-to-Equity?

SODEP -Marsa Maroc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0 Mil. SODEP -Marsa Maroc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD2,032 Mil. SODEP -Marsa Maroc's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD2,513 Mil. SODEP -Marsa Maroc's debt to equity for the quarter that ended in Dec. 2023 was 0.81.

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

CAS:MSA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.42 Max: 1.35
Current: 0.81

During the past 9 years, the highest Debt-to-Equity Ratio of SODEP -Marsa Maroc was 1.35. The lowest was 0.06. And the median was 0.42.

CAS:MSA's Debt-to-Equity is ranked worse than
62.32% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs CAS:MSA: 0.81

SODEP -Marsa Maroc Debt-to-Equity Historical Data

The historical data trend for SODEP -Marsa 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.

SODEP -Marsa Maroc Debt-to-Equity Chart

SODEP -Marsa Maroc Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.40

0.87

1.35

1.05

0.81

SODEP -Marsa Maroc Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											1.35	1.45	1.05	1.10	0.81

Competitive Comparison of SODEP -Marsa Maroc's Debt-to-Equity

For the Marine Shipping subindustry, SODEP -Marsa 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.

SODEP -Marsa Maroc's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Debt-to-Equity distribution charts can be found below:

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

SODEP -Marsa Maroc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SODEP -Marsa 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	+	2031.912)	/	2513.128
	=	0.81

SODEP -Marsa 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	+	2031.912)	/	2513.128
	=	0.81

SODEP -Marsa Maroc (CAS:MSA) 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.

SODEP -Marsa Maroc Debt-to-Equity Related Terms

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SODEP -Marsa Maroc (CAS:MSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SODEP -Marsa Maroc SA (CAS:MSA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

175, Boulevard Zerktouni, Casablanca, MAR, 20100

Website

https://www.marsamaroc.co.ma

SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.