COSUMAR (CAS:CSR) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is COSUMAR Debt-to-Equity?

COSUMAR's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD2,248 Mil. COSUMAR's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0 Mil. COSUMAR's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD5,985 Mil. COSUMAR's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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

CAS:CSR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.22 Max: 0.43
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of COSUMAR was 0.43. The lowest was 0.06. And the median was 0.22.

CAS:CSR's Debt-to-Equity is ranked better than
52.47% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs CAS:CSR: 0.38

COSUMAR Debt-to-Equity Historical Data

The historical data trend for COSUMAR'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.

COSUMAR Debt-to-Equity Chart

COSUMAR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

0.43

0.21

0.23

0.38

COSUMAR Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.21	0.25	0.23	0.18	0.38

Competitive Comparison of COSUMAR's Debt-to-Equity

For the Confectioners subindustry, COSUMAR'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.

COSUMAR's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, COSUMAR's Debt-to-Equity distribution charts can be found below:

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

COSUMAR Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

COSUMAR'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
	=	(2248.1	+	0)	/	5985.1
	=	0.38

COSUMAR's Debt to Equity Ratio for the quarter 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
	=	(2248.1	+	0)	/	5985.1
	=	0.38

COSUMAR (CAS:CSR) 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.

COSUMAR Debt-to-Equity Related Terms

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

COSUMAR (CAS:CSR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » COSUMAR SA (CAS:CSR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 rue Mouatamid Ibnou Abbad, BP 3098 Roches Noires, Casablanca, MAR

Website

https://www.cosumar.co.ma

COSUMAR SA is a Moroccan company specializing in sugar extraction, refining, and sugar packaging. The company's product portfolio includes sugar loaves, the lump, granulated sugar, ingots, pellets, bagasse, and molasses.