CCL Industries (TSX:CCL.A) Debt-to-Equity : 0.48 (As of Sep. 2024)

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What is CCL Industries Debt-to-Equity?

CCL Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$48 Mil. CCL Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$2,387 Mil. CCL Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$5,121 Mil. CCL Industries's debt to equity for the quarter that ended in Sep. 2024 was 0.48.

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 CCL Industries's Debt-to-Equity or its related term are showing as below:

TSX:CCL.A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.63 Max: 1.49
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of CCL Industries was 1.49. The lowest was 0.47. And the median was 0.63.

TSX:CCL.A's Debt-to-Equity is ranked worse than
51.67% of 360 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs TSX:CCL.A: 0.48

CCL Industries Debt-to-Equity Historical Data

The historical data trend for CCL Industries'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.

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CCL Industries Debt-to-Equity Chart

CCL Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.84

0.64

0.49

0.55

0.49

CCL Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.49	0.49	0.48	0.48

Competitive Comparison of CCL Industries's Debt-to-Equity

For the Packaging & Containers subindustry, CCL Industries'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.

CCL Industries's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CCL Industries's Debt-to-Equity distribution charts can be found below:

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

CCL Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CCL Industries'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
	=	(51.9	+	2230.5)	/	4623.2
	=	0.49

CCL Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(48.2	+	2387.2)	/	5121.2
	=	0.48

CCL Industries (TSX:CCL.A) 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.

CCL Industries Debt-to-Equity Related Terms

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

CCL Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » CCL Industries Inc (TSX:CCL.A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CCDBF:USA CCL.B:Canada

Address

111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1

Website

https://www.cclind.com

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, and sells pressure-sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile, and Argentina; Europe; and Asia, Australia, Africa, and New Zealand.

CCL Industries Headlines

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