CDLR (Cadeler AS) Equity-to-Asset: 0.48 (As of Mar. 2026) — 24% Below Median

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Director of Data and Quant Analytics at GuruFocus
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CDLR Cadeler AS CDLR
57 GF Score
Price $23.21
GF Value $64.08
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Cadeler AS Equity-to-Asset?

Cadeler AS CDLR -0.85% 57 Equity-to-Asset is 0.48 as of Mar. 2026, which is 24% below its 10-year median of 0.63. GuruFocus rates CDLR with a GF Score™ of 57/100 and a GF Value™ of $64.08 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,783 Construction companies, Cadeler AS ranks better than 55.36% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cadeler AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,944.3 Mil. Cadeler AS's Total Assets for the quarter that ended in Mar. 2026 was $4,087.3 Mil. Therefore, Cadeler AS's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.48.

The historical rank and industry rank for Cadeler AS's Equity-to-Asset or its related term are showing as below:

CDLR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.34   Med: 0.63   Max: 0.81
Current: 0.48

During the past 9 years, the highest Equity to Asset Ratio of Cadeler AS was 0.81. The lowest was -0.34. And the median was 0.63.

CDLR's Equity-to-Asset is ranked better than
55.36% of 1783 companies
in the Construction industry
Industry Median: 0.45 vs CDLR: 0.48

Cadeler AS  (NYSE:CDLR) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Cadeler AS Equity-to-Asset Related Terms


Cadeler AS Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Cadeler AS's Equity-to-Asset 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.

Cadeler AS Equity-to-Asset Chart

Cadeler AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.77 0.81 0.77 0.64 0.44

Cadeler AS Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.50 0.47 0.44 0.48

CDLR vs PWR, FIX, EME: Equity-to-Asset Comparison

For the Engineering & Construction subindustry, Cadeler AS's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Cadeler AS Equity-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Cadeler AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cadeler AS's Equity-to-Asset falls into.


CDLR
57GF Score
Cadeler AS CDLR
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cadeler AS Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Cadeler AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1760.745/4000.792
=0.44

Cadeler AS's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1944.305/4087.298
=0.48

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.48 mean?
Cadeler AS (CDLR) has a Equity-to-Asset of 0.48 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cadeler AS and its competitors. This is 24% below median its historical median of 0.63. According to the industry distribution chart, Cadeler AS ranks #796 out of 1783 companies in the Construction industry, placing it in the top 44.6%.
Is Cadeler AS's Equity-to-Asset too high?
Cadeler AS's current Equity-to-Asset of 0.48 is 24% below median its 10-year median of 0.63. The Construction industry median Equity-to-Asset is 0.45. Cadeler AS's value of 0.48 is 6.7% above this industry median. Based on the distribution chart, Cadeler AS ranks #796 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, Cadeler AS has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cadeler AS's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Cadeler AS ranks #796 out of 1783 companies for Equity-to-Asset. This puts Cadeler AS in the upper half of its industry. The industry median Equity-to-Asset is 0.45. Cadeler AS's value of 0.48 is 6.7% above this benchmark. While the company's 10-year median is 0.63 vs. the industry median of 0.45, Cadeler AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cadeler AS's current Equity-to-Asset of 0.48 is 6.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cadeler AS and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadeler AS's current Equity-to-Asset is 0.48, which is 24% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadeler AS stock overvalued right now?
Based on GuruFocus' analysis, Cadeler AS (CDLR) is currently considered Possible Value Trap. The stock's GF Value™ is $64.08, compared to a current price of $23.21 — trading 63.8% below its estimated fair value. The current Equity-to-Asset is 0.48, which is 24% below median its 10-year median of 0.63 and 6.7% above the Construction industry median of 0.45. Cadeler AS's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Cadeler AS (CDLR), the current Equity-to-Asset is 0.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cadeler AS (CDLR) Overvalued in 2026?

Based on GuruFocus' analysis, Cadeler AS stock appears to be undervalued. The current stock price of $23.21 is trading 63.8% below its estimated GF Value™ of $64.08. GuruFocus considers Cadeler AS to be Possible Value Trap.

Key valuation signals for CDLR:

  • Equity-to-Asset: 0.48 (24% below median its 10-year median of 0.63)
  • GF Value™: $64.08 vs. price of $23.21 (63.8% below fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 6.7% above the Construction median (#796 of 1783)

No single metric tells the full story. See the CDLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cadeler AS Business Description

Address Kalvebod Brygge 43, Copenhagen, DNK, 1560
Cadeler AS is an offshore wind installation vessel contractor. It currently operates various offshore jack-up wind installation vessels, with new builds on order. The Group operates within the market for the transportation and installation of offshore wind turbine generators (WTGs) and their foundations. In addition to wind farm installation, its vessels can perform maintenance, decommissioning, and other general construction tasks within the offshore industry. Cadler's customer base consists of offshore wind farm developers, original equipment manufacturers, and various offshore contractors. Geographically, the Group generates maximum revenue from the United States and the rest from the United Kingdom, Taiwan, Germany, Denmark, Poland, and other regions.
57GF Score

Get the complete analysis for CDLR

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.21
Price
$64.08
GF Value