Cargotec Corporation

Helsinki Stock Exchange CGCBV.HE

Cargotec Corporation Debt to Equity Ratio for the year ending December 31, 2023: 0.49

Cargotec Corporation Debt to Equity Ratio is 0.49 for the year ending December 31, 2023, a -9.78% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Cargotec Corporation Debt to Equity Ratio for the year ending December 31, 2022 was 0.55, a -7.91% change year over year.
  • Cargotec Corporation Debt to Equity Ratio for the year ending December 31, 2021 was 0.60, a -34.64% change year over year.
  • Cargotec Corporation Debt to Equity Ratio for the year ending December 31, 2020 was 0.91, a 5.98% change year over year.
  • Cargotec Corporation Debt to Equity Ratio for the year ending December 31, 2019 was 0.86, a 31.76% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Helsinki Stock Exchange: CGCBV.HE

Cargotec Corporation

CEO Mr. Casimir Lindholm M.B.A., M.Sc., M.Sc. (Econ.)
IPO Date June 1, 2005
Location Finland
Headquarters Porkkalankatu 5
Employees 6,090
Sector Industrials
Industries
Description

Cargotec Corporation provides cargo and load handling solutions worldwide. It operates in three segments: Kalmar, Hiab, and MacGregor. The Kalmar segment offers cargo handling equipment and automated terminal solutions, software, and services for ports, terminals, distribution centers, and various industries; ship-toshore cranes, rubbertyred and rail-mounted gantry cranes, straddle and shuttle carriers, reachstackers, empty container handlers, terminal tractors, and forklift trucks, and automated guided vehicles; and automation systems, and Bromma spreaders, as well as maintenance contracts, technical support, spare parts, training, and crane upgrade services. The Hiab segment provides loader handling equipment under the HIAB, EFFER, and ARGOS brands; truck mounted forklifts under the MOFFETT and PRINCETON brands; forestry and recycling cranes under the LOGLIFT and JONSERED brands; hooklifts and skiploaders under the MULTILIFT brand; tail lifts under the ZEPRO, DEL, and WALTCO brands; HiConnect platform; and Hiab ProCare services and HiVision crane operating system. The MacGregor segment offers cargo and load handling solutions and maintenance services. Cargotec Corporation was incorporated in 2005 and is headquartered in Helsinki, Finland.

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StockViz Staff

January 15, 2025

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