What is the debt of Castings this year?
Castings has a debt level of -32.53 GBP this year.
Castings Debt 2024
Castings Debt
-32.53 GBP
Ticker
CGS.L
ISIN
GB0001795680
WKN
935246
In 2024, Castings's total debt was -32.53 GBP, a -8.89% change from the -35.7 GBP total debt recorded in the previous year.
Castings Aktienanalyse
What does Castings do?
Castings PLC is a British company that manufactures aluminum components for the aerospace, automotive, and engineering industries. The company was founded in 1907 in the UK and has been listed on the London Stock Exchange since 1928. The business model of Castings PLC is to produce high-precision aluminum components for its customers. The company uses different manufacturing processes such as sand casting, die casting, and gravity casting to produce customized products. Castings PLC's products are used in a variety of sectors and meet the highest quality standards. The company is divided into different divisions to best meet the requirements of each industry. Castings PLC's divisions are Aerospace, Automotive, and Industrial. In the Aerospace division, the company produces aluminum components for the aviation industry, such as engine housings, components for aircraft landing gear, and parts for flight control and instrument systems. In the Automotive division, Castings PLC produces aluminum components for the automotive industry. This includes transmission cases, differentials, engine and chassis parts, and brake components. Castings PLC's products are used in many well-known car brands. The Industrial division of Castings PLC manufactures aluminum components for the engineering industry. These products are used, for example, in pumps, compressors, and motors. The components also meet the highest quality requirements in this sector. Castings PLC produces over 2,000 different products and supplies them to customers in Europe, North America, and Asia. In order to meet the high demands of its customers, the company relies on close cooperation with them. Castings PLC develops and produces customized solutions and provides comprehensive technical support to its customers. In recent years, Castings PLC has focused on sustainability by making its production more efficient and introducing environmentally friendly processes. Through investments in modern technologies such as 3D printing, the company can increase manufacturing accuracy and reduce waste. Castings PLC takes pride in offering high-quality products that meet the requirements of its customers. The company is committed to continuous development and offering innovative solutions to meet the needs of its customers. Castings ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Castings's Debt Structure
Castings's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Castings's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Castings’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Castings’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Castings stock
What was the debt of Castings compared to the previous year?
The debt of Castings has increased by -8.89% compared to the previous year dropped.
What are the consequences of high debt for investors in Castings?
High debt can pose a risk for investors of Castings, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Castings?
Low debt means that Castings has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Castings affect the company?
An increase in debt of Castings can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Castings affect the company?
A reduction in debt of Castings can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Castings?
Some factors that can influence the debt of Castings include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Castings so important for investors?
The debts of Castings are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Castings take to change the debt?
To change the debt, Castings can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Castings pay?
Over the past 12 months, Castings paid a dividend of 0.21 GBP . This corresponds to a dividend yield of about 7.02 %. For the coming 12 months, Castings is expected to pay a dividend of 0.21 GBP.
What is the dividend yield of Castings?
The current dividend yield of Castings is 7.02 %.
When does Castings pay dividends?
Castings pays a quarterly dividend. This is distributed in the months of August, December, July, August.
How secure is the dividend of Castings?
Castings paid dividends every year for the past 0 years.
What is the dividend of Castings?
For the upcoming 12 months, dividends amounting to 0.21 GBP are expected. This corresponds to a dividend yield of 6.82 %.
In which sector is Castings located?
Castings is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Castings kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Castings from 8/23/2024 amounting to 0.142 GBP, you needed to have the stock in your portfolio before the ex-date on 7/18/2024.
When did Castings pay the last dividend?
The last dividend was paid out on 8/23/2024.
What was the dividend of Castings in the year 2023?
In the year 2023, Castings distributed 0.326 GBP as dividends.
In which currency does Castings pay out the dividend?
The dividends of Castings are distributed in GBP.
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Andere Kennzahlen von Castings
Our stock analysis for Castings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Castings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
