BackCovanta Holding Overview
Covanta Holding Corporation

Covanta Holding Debt to Equity

Covanta Holding (CVA) has a debt-to-equity ratio of 11.14, above the Industrials sector average of 1.29.

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Debt to Equity

11.14

Debt to Equity

11.14

Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.

Debt to Equity (Comparison Companies)

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Debt to Equity History

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Debt to Equity Comparison

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Covanta Holding (CVA) FAQ

The latest debt-to-equity ratio for CVA is 11.14. That is above the Industrials sector average of 1.29. Investors often review this figure alongside Covanta Holding's historical trend and sector peers before judging valuation or financial health.

Against Industrials companies, CVA currently prints 11.14 for debt-to-equity ratio, while the sector average sits near 1.29. That is roughly 763.8% above the sector mean. Large gaps often invite a closer look at Covanta Holding's growth, margins, and balance sheet.

A debt-to-equity ratio of 11.14 for Covanta Holding is not 'good' or 'bad' on its own. Compare it with the peer average (1.29) and with CVA's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.

After noting CVA's debt-to-equity ratio (11.14), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack Covanta Holding's debt-to-equity ratio against similar Industrials names. You can also browse sector and industry screens on Stockcircle for a broader set of Industrials companies and their key multiples and fundamentals.