Cellnex Telecom (XMAD:CLNX) Debt-to-Equity : 1.52 (As of Mar. 2024)

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What is Cellnex Telecom Debt-to-Equity?

Cellnex Telecom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €894 Mil. Cellnex Telecom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €20,266 Mil. Cellnex Telecom's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €13,970 Mil. Cellnex Telecom's debt to equity for the quarter that ended in Mar. 2024 was 1.51.

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

XMAD:CLNX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85 Med: 1.79 Max: 7.58
Current: 1.52

During the past 13 years, the highest Debt-to-Equity Ratio of Cellnex Telecom was 7.58. The lowest was 0.85. And the median was 1.79.

XMAD:CLNX's Debt-to-Equity is ranked worse than
74.04% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs XMAD:CLNX: 1.52

Cellnex Telecom Debt-to-Equity Historical Data

The historical data trend for Cellnex Telecom'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.

Cellnex Telecom Debt-to-Equity Chart

Cellnex Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.51

1.39

1.31

1.47

1.54

Cellnex Telecom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.47	1.49	1.57	1.54	1.52

Competitive Comparison of Cellnex Telecom's Debt-to-Equity

For the Real Estate Services subindustry, Cellnex Telecom'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.

Cellnex Telecom's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cellnex Telecom's Debt-to-Equity distribution charts can be found below:

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

Cellnex Telecom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cellnex Telecom'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
	=	(1598.829	+	19911.099)	/	13936.758
	=	1.54

Cellnex Telecom's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(894	+	20266)	/	13970
	=	1.51

Cellnex Telecom (XMAD:CLNX) 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.

Cellnex Telecom Debt-to-Equity Related Terms

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Cellnex Telecom (XMAD:CLNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cellnex Telecom SA (XMAD:CLNX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CLLNY:USA CLNXF:USA CLNX:Mexico CLNXe:UK 0R9C:UK 472:Germany

Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.

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