Cadeler A/S annual net debt
2021
2022
2023
2024
2025
Cadeler A/S Net Debt Growth & History (CDLR)
Cadeler A/S's net debt was €1.56B for fiscal 2025.
View full Cadeler A/S company overviewCadeler A/S annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €1.56B | €1.03B | +193.53% |
| 2024 | 2024-12-31 | €530.7M | €420.8M | +382.68% |
| 2023 | 2023-12-31 | €110.0M | €13.7M | +14.22% |
| 2022 | 2022-12-31 | €96.3M | €25.0M | +35.07% |
| 2021 | 2021-12-31 | €71.3M | — | — |
Cadeler A/S quarterly net debt
Q4.23
Q2.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €1.40B | €242.2M | +20.93% |
| Q1 2026 | 2026-03-31 | €1.37B | €397.3M | +40.71% |
| Q4 2025 | 2025-12-31 | €1.56B | — | — |
| Q3 2025 | 2025-09-30 | €1.22B | — | — |
| Q2 2025 | 2025-06-30 | €1.16B | €897.2M | +345.16% |
| Q1 2025 | 2025-03-31 | €976.0M | — | — |
| Q2 2024 | 2024-06-30 | €259.9M | — | — |
| Q4 2023 · Dec 31 | 2023-12-31 | €110.0M | — | — |
Cadeler A/S net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Cadeler A/S's net debt increased from €71.3M to €1.56B, a change of €1.49B. The latest reported quarter, Q2 2026, shows €1.40B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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