Conduit Capital (JSE:CND) Debt-to-Equity: -0.21 (As of Jun. 2022)

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What is Conduit Capital Debt-to-Equity?

Conduit Capital JSE:CND Debt-to-Equity is -0.21 as of Jun. 2022.

Conduit Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was R17 Mil. Conduit Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was R46 Mil. Conduit Capital's Total Stockholders Equity for the quarter that ended in Jun. 2022 was R-300 Mil. Conduit Capital's debt to equity for the quarter that ended in Jun. 2022 was -0.21.

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 Conduit Capital's Debt-to-Equity or its related term are showing as below:

JSE:CND's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Conduit Capital  (JSE:CND) 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.

Conduit Capital Debt-to-Equity Related Terms

Conduit Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Conduit Capital'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.

Conduit Capital Debt-to-Equity Chart

Conduit Capital Annual Data
Trend Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.09 0.40 3.82 -0.21

Conduit Capital Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.62 3.82 -1.10 -0.21

JSE:CND vs BRK.A, AIG, HIG: Debt-to-Equity Comparison

For the Insurance - Diversified subindustry, Conduit Capital'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.

Conduit Capital Debt-to-Equity vs Insurance Industry

For the Insurance industry and Financial Services sector, Conduit Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Conduit Capital's Debt-to-Equity falls into.


Conduit Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Conduit Capital's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 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
=(16.948 + 45.748) / -300.463
=-0.21

Conduit Capital's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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
=(16.948 + 45.748) / -300.463
=-0.21

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.21 mean?
Conduit Capital (JSE:CND) has a Debt-to-Equity of -0.21 as of Jun. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Conduit Capital and its competitors.
Is Conduit Capital's Debt-to-Equity too high?
Conduit Capital's current Debt-to-Equity is -0.21.
How does Conduit Capital's Debt-to-Equity compare to BRK.A and AIG?
Conduit Capital's Debt-to-Equity of -0.21 can be compared against companies in the Insurance industry. The industry median Debt-to-Equity is 0.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.21, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Conduit Capital and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conduit Capital's current Debt-to-Equity is -0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conduit Capital stock overvalued right now?
Conduit Capital (JSE:CND) has a current Debt-to-Equity of -0.21. The current Debt-to-Equity is -0.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Conduit Capital (JSE:CND), the current Debt-to-Equity is -0.21 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conduit Capital Business Description

Address 67 Carlisle Street, Paardeneiland, Cape Town, WC, ZAF, 7405
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. The company serves in two segments: Insurance and Risk, and Investment. The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, Motor, and others.