City Service SE (WAR:CTS) Debt-to-Equity : 0.82 (As of Sep. 2023)

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What is City Service SE Debt-to-Equity?

City Service SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł33.2 Mil. City Service SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł44.3 Mil. City Service SE's Total Stockholders Equity for the quarter that ended in Sep. 2023 was zł94.1 Mil. City Service SE's debt to equity for the quarter that ended in Sep. 2023 was 0.82.

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 City Service SE's Debt-to-Equity or its related term are showing as below:

WAR:CTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.59 Max: 1.96
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of City Service SE was 1.96. The lowest was 0.32. And the median was 0.59.

WAR:CTS's Debt-to-Equity is ranked worse than
68.68% of 926 companies
in the Business Services industry
Industry Median: 0.37 vs WAR:CTS: 0.82

City Service SE Debt-to-Equity Historical Data

The historical data trend for City Service SE'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.

City Service SE Debt-to-Equity Chart

City Service SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.71

0.72

0.63

1.60

1.08

City Service SE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.26	1.08	1.15	1.01	0.82

Competitive Comparison of City Service SE's Debt-to-Equity

For the Specialty Business Services subindustry, City Service SE'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.

City Service SE's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, City Service SE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where City Service SE's Debt-to-Equity falls into.

City Service SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

City Service SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(25.657	+	54.792)	/	74.234
	=	1.08

City Service SE's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(33.164	+	44.26)	/	94.058
	=	0.82

City Service SE (WAR:CTS) 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.

City Service SE Debt-to-Equity Related Terms

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

City Service SE (WAR:CTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » City Service SE (WAR:CTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CTS1L:Lithuania

Address

Narva mnt. 5, Tallinn, EST, 10117

Website

https://www.cityservice.eu

City Service SE is a holding company. It controls a group engaged in the provision of facility management and integrated utility services in Western, Central and Eastern Europe. Its principal areas of activities include Apartment buildings administration, Commercial facility management, Territory cleaning & Maintenance, and Other activities. The company's geographical segments are Spain, Poland, Baltic states, and St. Petersburg. The Group is organized into business units based on services provided and have one main reportable segment: Buildings' administration which includes services of administration and maintenance of commercial and residential buildings.