Costain Group (LSE:COST) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Costain Group Debt-to-Equity?

Costain Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £10 Mil. Costain Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £14 Mil. Costain Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £219 Mil. Costain Group's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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

LSE:COST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.39 Max: 0.93
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Costain Group was 0.93. The lowest was 0.11. And the median was 0.39.

LSE:COST's Debt-to-Equity is ranked better than
78.97% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs LSE:COST: 0.11

Costain Group Debt-to-Equity Historical Data

The historical data trend for Costain Group'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.

Costain Group Debt-to-Equity Chart

Costain Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.93

0.51

0.33

0.14

0.11

Costain Group 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															0.33	0.30	0.14	0.11	0.11

Competitive Comparison of Costain Group's Debt-to-Equity

For the Engineering & Construction subindustry, Costain Group'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.

Costain Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Costain Group's Debt-to-Equity distribution charts can be found below:

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

Costain Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Costain Group'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
	=	(10.3	+	14)	/	219.4
	=	0.11

Costain Group'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
	=	(10.3	+	14)	/	219.4
	=	0.11

Costain Group (LSE:COST) 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.

Costain Group Debt-to-Equity Related Terms

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Costain Group (LSE:COST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Costain Group PLC (LSE:COST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CTNGY:USA COSTl:UK COST.GB:UK 5JY:Germany

Address

Costain House, Vanwall Business Park, Maidenhead, Berkshire, GBR, SL6 4UB

Website

https://www.costain.com

Costain Group PLC offers solutions and services. It provides engineering and technology solutions and advisory and development, design, management, project delivery, technology integration and asset optimization and support services to highways, nuclear, oil and gas, power, water sectors, rail. The company has two segments Transportation and Natural resources. Transportation segment covers highways, rail and nuclear markets and Natural resources segment comprises of water, power and oil and gas markets.