Commercial Metals Co (CMC)
54.04
-0.39
(-0.72%)
USD |
NYSE |
Nov 04, 13:34
Commercial Metals Debt to Equity Ratio: 0.2767 for Aug. 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| August 31, 2024 | 0.2767 |
| May 31, 2024 | 0.2819 |
| February 29, 2024 | 0.2751 |
| November 30, 2023 | 0.2729 |
| August 31, 2023 | 0.2802 |
| May 31, 2023 | 0.2881 |
| February 28, 2023 | 0.3607 |
| November 30, 2022 | 0.3718 |
| August 31, 2022 | 0.4571 |
| May 31, 2022 | 0.4897 |
| February 28, 2022 | 0.5134 |
| November 30, 2021 | 0.4283 |
| August 31, 2021 | 0.4662 |
| May 31, 2021 | 0.4994 |
| February 28, 2021 | 0.5145 |
| November 30, 2020 | 0.5611 |
| August 31, 2020 | 0.5736 |
| May 31, 2020 | 0.6504 |
| February 29, 2020 | 0.664 |
| November 30, 2019 | 0.7012 |
| August 31, 2019 | 0.7665 |
| May 31, 2019 | 0.8707 |
| February 28, 2019 | 0.9338 |
| November 30, 2018 | 0.898 |
| August 31, 2018 | 0.7757 |
| Date | Value |
|---|---|
| May 31, 2018 | 0.7978 |
| February 28, 2018 | 0.5642 |
| November 30, 2017 | 0.575 |
| August 31, 2017 | 0.5888 |
| May 31, 2017 | 0.7499 |
| February 28, 2017 | 0.7815 |
| November 30, 2016 | 0.8031 |
| August 31, 2016 | 0.7836 |
| May 31, 2016 | 0.7912 |
| February 29, 2016 | 0.8028 |
| November 30, 2015 | 0.9413 |
| August 31, 2015 | 0.943 |
| May 31, 2015 | 0.9562 |
| February 28, 2015 | 0.988 |
| November 30, 2014 | 0.9651 |
| August 31, 2014 | 0.965 |
| May 31, 2014 | 0.9541 |
| February 28, 2014 | 0.9672 |
| November 30, 2013 | 0.9762 |
| August 31, 2013 | 1.016 |
| May 31, 2013 | 1.109 |
| February 28, 2013 | 0.9269 |
| November 30, 2012 | 0.8945 |
| August 31, 2012 | 0.9515 |
| May 31, 2012 | 1.008 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2729
Minimum
Nov 2023
0.7012
Maximum
Nov 2019
0.4463
Average
0.4617
Median
Debt to Equity Ratio Benchmarks
| Steel Dynamics Inc | 0.4056 |
| Nucor Corp | 0.3389 |
| Friedman Industries Inc | 0.3554 |
| Radius Recycling Inc | 0.6656 |
| Universal Stainless & Alloy Products Inc | 0.2735 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.818B |
| Total Liabilities (Quarterly) | 2.518B |
| Shareholders Equity (Quarterly) | 4.300B |
| Current Ratio | 3.944 |
| Net Debt Paydown Yield | -0.10% |