Empresas ICAB de CV (MEX:ICA) Debt-to-Equity: -9.44 (As of Mar. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Empresas ICAB de CV Debt-to-Equity?

Empresas ICAB de CV MEX:ICA Debt-to-Equity is -9.44 as of Mar. 2017.

Empresas ICAB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was MXN32,253 Mil. Empresas ICAB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was MXN32,899 Mil. Empresas ICAB de CV's Total Stockholders Equity for the quarter that ended in Mar. 2017 was MXN-6,900 Mil. Empresas ICAB de CV's debt to equity for the quarter that ended in Mar. 2017 was -9.44.

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 Empresas ICAB de CV's Debt-to-Equity or its related term are showing as below:

MEX:ICA's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Empresas ICAB de CV  (MEX:ICA) 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.

Empresas ICAB de CV Debt-to-Equity Related Terms

Empresas ICAB de CV Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Empresas ICAB de CV'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.

Empresas ICAB de CV Debt-to-Equity Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.73 3.91 -22.09 -9.37

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -53.33 -14.76 -7.29 -9.37 -9.44

Empresas ICAB de CV Debt-to-Equity Competitor Comparison

For the Engineering & Construction subindustry, Empresas ICAB de CV'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.

Empresas ICAB de CV Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Empresas ICAB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Empresas ICAB de CV's Debt-to-Equity falls into.


Empresas ICAB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Empresas ICAB de CV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
=(34711.311 + 32086.996) / -7126.143
=-9.37

Empresas ICAB de CV's Debt to Equity Ratio for the quarter that ended in Mar. 2017 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
=(32253 + 32899) / -6900
=-9.44

* 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 -9.44 mean?
Empresas ICAB de CV (MEX:ICA) has a Debt-to-Equity of -9.44 as of Mar. 2017. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Empresas ICAB de CV and its competitors.
Is Empresas ICAB de CV's Debt-to-Equity too high?
Empresas ICAB de CV's current Debt-to-Equity is -9.44.
How does Empresas ICAB de CV's Debt-to-Equity compare to competitors?
Empresas ICAB de CV's Debt-to-Equity of -9.44 can be compared against companies in the Construction industry. The industry median Debt-to-Equity is 0.41. 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 a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,610 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 Empresas ICAB de CV and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresas ICAB de CV's current Debt-to-Equity is -9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current Debt-to-Equity of -9.44. The current Debt-to-Equity is -9.44. 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 Empresas ICAB de CV (MEX:ICA), the current Debt-to-Equity is -9.44 as of Mar. 2017. 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.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.