Circor International (Circor International) Debt-to-Equity : 3.58 (As of Jun. 2023)

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What is Circor International Debt-to-Equity?

Circor International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.0 Mil. Circor International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $547.9 Mil. Circor International's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $153.0 Mil. Circor International's debt to equity for the quarter that ended in Jun. 2023 was 3.58.

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

CIR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 1.41 Max: 5.03
Current: 3.58

During the past 13 years, the highest Debt-to-Equity Ratio of Circor International was 5.03. The lowest was 0.03. And the median was 1.41.

CIR's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs CIR: 3.58

Circor International Debt-to-Equity Historical Data

The historical data trend for Circor International'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.

Circor International Debt-to-Equity Chart

Circor International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.49

1.63

3.36

4.00

3.40

Circor International Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															5.03	4.41	3.40	3.34	3.58

Competitive Comparison of Circor International's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Circor International'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.

Circor International's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Circor International's Debt-to-Equity distribution charts can be found below:

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

Circor International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Circor International'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
	=	(5.246	+	535.014)	/	159.046
	=	3.40

Circor International'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	+	547.862)	/	153.048
	=	3.58

Circor International (NYSE:CIR) 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.

Circor International Debt-to-Equity Related Terms

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Circor International (Circor International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Circor International Inc (NYSE:CIR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Corporate Drive, Suite 200, Burlington, MA, USA, 01803-4238

Website

https://www.circor.com

Circor International Inc. designs manufactures, and markets differentiated technology products and sub-systems. It has two reportable business segments: aerospace & defense and industrial. Circor primarily delivers flow control products and services to original equipment manufacturers (OEMs) and engineering, procurement, and construction (EPC) companies worldwide. Some of its products include positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. While Circor serves diverse geographical segments, most of the company sales are generated in the United States, with valves and pumps under its industrial segment contributing the most to the company's profit.

Executives

Forrest Tiedeman	officer: Vice President, Treasury & Tax	C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Samuel R. Chapin	director	940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Tony S. Najjar	director, officer: President and CEO	C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Helmuth Ludwig	director	CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Arjun Sharma	officer: CFO and SVP Bus Development	50 PARK ROW WEST, PROVIDENCE RI 02903
John A Odonnell	director	2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Jessica Wiley Wenzell	officer: SVP, General Counsel & CPO	30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Bruce M Lisman	director	C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Jill D. Smith	director	1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Tina Donikowski	director	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Losak Joseph C. Ii	officer: VP Finance, Controller, PAO	30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
George Arthur L Jr	director	12500 TI BOULEVARD, MS 8476, DALLAS TX 75243
Sumit Mehrotra	officer: Group Pres, Adv Flow Solutions	CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Tanya Dawkins	officer: Director and Treasurer	CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Amit Goel	officer: VP Finance, Corp. Controller	30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803