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LafargeHolcim Maroc (CAS:LHM) Debt-to-Equity : 0.45 (As of Dec. 2023)


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What is LafargeHolcim Maroc Debt-to-Equity?

LafargeHolcim Maroc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD320 Mil. LafargeHolcim Maroc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD4,825 Mil. LafargeHolcim Maroc's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD11,417 Mil. LafargeHolcim Maroc's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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

CAS:LHM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.49   Max: 0.75
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of LafargeHolcim Maroc was 0.75. The lowest was 0.08. And the median was 0.49.

CAS:LHM's Debt-to-Equity is ranked worse than
55.93% of 354 companies
in the Building Materials industry
Industry Median: 0.38 vs CAS:LHM: 0.45

LafargeHolcim Maroc Debt-to-Equity Historical Data

The historical data trend for LafargeHolcim Maroc'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.

LafargeHolcim Maroc Debt-to-Equity Chart

LafargeHolcim Maroc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.57 0.49 0.50 0.45

LafargeHolcim Maroc Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity 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 0.49 0.56 0.50 0.48 0.45

Competitive Comparison of LafargeHolcim Maroc's Debt-to-Equity

For the Building Materials subindustry, LafargeHolcim Maroc'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.


LafargeHolcim Maroc's Debt-to-Equity Distribution in the Building Materials Industry

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

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



LafargeHolcim Maroc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LafargeHolcim Maroc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LafargeHolcim Maroc's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


LafargeHolcim Maroc  (CAS:LHM) 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.


LafargeHolcim Maroc Debt-to-Equity Related Terms

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LafargeHolcim Maroc (CAS:LHM) Business Description

Traded in Other Exchanges
N/A
Address
6, Route de Mekka, Quartier les Cretes, Casablanca, MAR, 20150
LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.

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