Cementos Molins (XMAD:CMO) Debt-to-Equity : 0.24 (As of Jun. 2023)

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What is Cementos Molins Debt-to-Equity?

Cementos Molins's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €65 Mil. Cementos Molins's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €204 Mil. Cementos Molins's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €1,105 Mil. Cementos Molins's debt to equity for the quarter that ended in Jun. 2023 was 0.24.

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 Cementos Molins's Debt-to-Equity or its related term are showing as below:

XMAD:CMO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.41 Max: 0.84
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Cementos Molins was 0.84. The lowest was 0.24. And the median was 0.41.

XMAD:CMO's Debt-to-Equity is not ranked
in the Building Materials industry.
Industry Median: 0.38 vs XMAD:CMO: 0.24

Cementos Molins Debt-to-Equity Historical Data

The historical data trend for Cementos Molins'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.

Cementos Molins Debt-to-Equity Chart

Cementos Molins Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.35

0.30

0.29

0.35

0.30

Cementos Molins Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.35	0.31	0.30	0.24

Competitive Comparison of Cementos Molins's Debt-to-Equity

For the Building Materials subindustry, Cementos Molins'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.

Cementos Molins's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Molins's Debt-to-Equity distribution charts can be found below:

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

Cementos Molins Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cementos Molins'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
	=	(41.146	+	269.487)	/	1022.453
	=	0.30

Cementos Molins's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(65.343	+	203.514)	/	1105.281
	=	0.24

Cementos Molins (XMAD:CMO) 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.

Cementos Molins Debt-to-Equity Related Terms

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Cementos Molins (XMAD:CMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Molins SA (XMAD:CMO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Calle Espronceda 38, local 3, Madrid, ESP, 28003

Website

http://www.cemolins.es

Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.