Calgro M3 Holdings (Calgro M3 Holdings) Debt-to-Equity : 0.73 (As of Feb. 2024)

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What is Calgro M3 Holdings Debt-to-Equity?

Calgro M3 Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $49.16 Mil. Calgro M3 Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Calgro M3 Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $67.48 Mil. Calgro M3 Holdings's debt to equity for the quarter that ended in Feb. 2024 was 0.73.

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 Calgro M3 Holdings's Debt-to-Equity or its related term are showing as below:

CLMHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.81 Max: 1.33
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Calgro M3 Holdings was 1.33. The lowest was 0.56. And the median was 0.81.

CLMHF's Debt-to-Equity is ranked worse than
64.21% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 0.53 vs CLMHF: 0.73

Calgro M3 Holdings Debt-to-Equity Historical Data

The historical data trend for Calgro M3 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.

Calgro M3 Holdings Debt-to-Equity Chart

Calgro M3 Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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1.33

1.16

0.89

0.77

0.73

Calgro M3 Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.89	0.79	0.77	0.77	0.73

Competitive Comparison of Calgro M3 Holdings's Debt-to-Equity

For the Residential Construction subindustry, Calgro M3 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.

Calgro M3 Holdings's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Calgro M3 Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Calgro M3 Holdings's Debt-to-Equity falls into.

Calgro M3 Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Calgro M3 Holdings's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(49.156	+	0)	/	67.479
	=	0.73

Calgro M3 Holdings's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(49.156	+	0)	/	67.479
	=	0.73

Calgro M3 Holdings (OTCPK:CLMHF) 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.

Calgro M3 Holdings Debt-to-Equity Related Terms

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Calgro M3 Holdings (Calgro M3 Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Calgro M3 Holdings Ltd (OTCPK:CLMHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CGR:South Africa

Address

33 Ballyclare Drive, Ballywoods Office Park, Calgro M3 Building, Bryanston, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.calgrom3.com

Calgro M3 Holdings Ltd is a South Africa based company engaged in residential property and memorial parks development. It focuses on the lower end of the market and is engaged in large-scale integrated mixed-use projects and supply of rental investments. The group has two operating segments, namely Residential property development; and Memorial Parks. Residential Property development consists of infrastructure development, marketing and sales, construction, and handover to the client. Memorial Parks consists of activities such as land development, burial rights, maintenance services and others. The Residential property development segment constitutes majorly to the total revenue of the company.

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