Castro Model (XTAE:CAST) Debt-to-Equity : 1.81 (As of Jun. 2024)

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What is Castro Model Debt-to-Equity?

Castro Model's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪212 Mil. Castro Model's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪978 Mil. Castro Model's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₪657 Mil. Castro Model's debt to equity for the quarter that ended in Jun. 2024 was 1.81.

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 Castro Model's Debt-to-Equity or its related term are showing as below:

XTAE:CAST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 1.98 Max: 2.97
Current: 1.81

During the past 10 years, the highest Debt-to-Equity Ratio of Castro Model was 2.97. The lowest was 0.42. And the median was 1.98.

XTAE:CAST's Debt-to-Equity is ranked worse than
84.04% of 1015 companies
in the Retail - Cyclical industry
Industry Median: 0.58 vs XTAE:CAST: 1.81

Castro Model Debt-to-Equity Historical Data

The historical data trend for Castro Model'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.

Castro Model Debt-to-Equity Chart

Castro Model Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.52

2.40

1.95

2.25

2.16

Castro Model Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															2.37	2.33	2.16	2.08	1.81

Competitive Comparison of Castro Model's Debt-to-Equity

For the Apparel Retail subindustry, Castro Model'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.

Castro Model's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Castro Model's Debt-to-Equity distribution charts can be found below:

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

Castro Model Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Castro Model'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
	=	(219.234	+	1067.345)	/	595.484
	=	2.16

Castro Model's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(212.196	+	977.749)	/	656.754
	=	1.81

Castro Model (XTAE:CAST) 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.

Castro Model Debt-to-Equity Related Terms

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Castro Model Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Castro Model Ltd (XTAE:CAST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Ben Zvi Road, Tel Aviv, ISR, 68103

Website

https://www.castro.com

Castro Model Ltd designs, manufactures, and distributes fashion wear for men, women, girls, boys and baby in Israel. The company has three segments which include: the Red line for casual fashion, the Black line, a smart, sophisticated and elegant line and the Blue line, a line of jeans. It also offers complementary collections such as shoes and bags, glasses, lingerie, jewelry and even bicycles and other accessories. The company involves in the retail marketing of fashion products through branded stores operated by subsidiaries in Israel.