La Forestiere Equatoriale (XPAR:FORE) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is La Forestiere Equatoriale Debt-to-Equity?

La Forestiere Equatoriale's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. La Forestiere Equatoriale's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. La Forestiere Equatoriale's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €21.83 Mil. La Forestiere Equatoriale's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 La Forestiere Equatoriale's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of La Forestiere Equatoriale was 9.87. The lowest was 0.06. And the median was 2.28.

XPAR:FORE's Debt-to-Equity is not ranked ^*
in the Transportation industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

La Forestiere Equatoriale Debt-to-Equity Historical Data

The historical data trend for La Forestiere Equatoriale'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.

La Forestiere Equatoriale Debt-to-Equity Chart

La Forestiere Equatoriale Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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5.48

7.99

9.77

La Forestiere Equatoriale 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															9.87	-	-	-	-

Competitive Comparison of La Forestiere Equatoriale's Debt-to-Equity

For the Railroads subindustry, La Forestiere Equatoriale'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.

La Forestiere Equatoriale's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, La Forestiere Equatoriale's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where La Forestiere Equatoriale's Debt-to-Equity falls into.

La Forestiere Equatoriale Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

La Forestiere Equatoriale'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
	=	(0.006	+	0)	/	22.079
	=	0.00

La Forestiere Equatoriale'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
	=	(0	+	0)	/	21.833
	=	0.00

La Forestiere Equatoriale (XPAR:FORE) 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.

La Forestiere Equatoriale Debt-to-Equity Related Terms

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

La Forestiere Equatoriale (XPAR:FORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » La Forestiere Equatoriale (XPAR:FORE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Avenue Raymond Poincare, Paris, FRA, 75116

Website

http://www.forestiere-equatoriale.com

La Forestiere Equatoriale is a holding company and is part of the Bollore group. The Company has stakes through Sofib in Sitarail, a company that manages the passenger and freight railway link between the Ivory Coast and Burkina-Faso.