Cielo Waste Solutions (FRA:C360) Debt-to-Equity : 0.06 (As of Jan. 2024)

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What is Cielo Waste Solutions Debt-to-Equity?

Cielo Waste Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.15 Mil. Cielo Waste Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €1.67 Mil. Cielo Waste Solutions's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €31.33 Mil. Cielo Waste Solutions's debt to equity for the quarter that ended in Jan. 2024 was 0.06.

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 Cielo Waste Solutions's Debt-to-Equity or its related term are showing as below:

FRA:C360' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.8 Med: 0.56 Max: 46.08
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Cielo Waste Solutions was 46.08. The lowest was -4.80. And the median was 0.56.

FRA:C360's Debt-to-Equity is ranked better than
92.27% of 220 companies
in the Waste Management industry
Industry Median: 0.745 vs FRA:C360: 0.06

Cielo Waste Solutions Debt-to-Equity Historical Data

The historical data trend for Cielo Waste Solutions'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.

Cielo Waste Solutions Debt-to-Equity Chart

Cielo Waste Solutions Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.93

1.67

0.07

0.44

0.68

Cielo Waste Solutions Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															1.14	0.68	0.20	0.25	0.06

Competitive Comparison of Cielo Waste Solutions's Debt-to-Equity

For the Waste Management subindustry, Cielo Waste Solutions'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.

Cielo Waste Solutions's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cielo Waste Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cielo Waste Solutions's Debt-to-Equity falls into.

Cielo Waste Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cielo Waste Solutions's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(6.746	+	0.041)	/	10.009
	=	0.68

Cielo Waste Solutions's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.147	+	1.665)	/	31.329
	=	0.06

Cielo Waste Solutions (FRA:C360) 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.

Cielo Waste Solutions Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cielo Waste Solutions's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Cielo Waste Solutions (FRA:C360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Cielo Waste Solutions Corp (FRA:C360) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CWSFF:USA CMC:Canada

Address

605 5th Avenue, S.W., Suite 1100, Calgary, AB, CAN, T2P 3H5

Website

https://www.cielows.com

Cielo Waste Solutions Corp is a Canada-based company principally engaged in the business of refining municipal and construction waste into high-grade renewable fuels. Its technologies are focused on materials recovery, renewable diesel, and landfill reduction through responsible diversion practices. The business operations of the company are carried out in Canada and the United States.

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