Andritz AG (Andritz AG) Debt-to-Equity : 0.53 (As of Mar. 2024)

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What is Andritz AG Debt-to-Equity?

Andritz AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $450 Mil. Andritz AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $720 Mil. Andritz AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,215 Mil. Andritz AG's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Andritz AG's Debt-to-Equity or its related term are showing as below:

ADRZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.72 Max: 1.69
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Andritz AG was 1.69. The lowest was 0.40. And the median was 0.72.

ADRZF's Debt-to-Equity is ranked worse than
51.13% of 133 companies
in the Industrial Distribution industry
Industry Median: 0.52 vs ADRZF: 0.53

Andritz AG Debt-to-Equity Historical Data

The historical data trend for Andritz AG's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Andritz AG Debt-to-Equity Chart

Andritz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.34

1.22

0.87

0.70

0.53

Andritz AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.74	0.65	0.57	0.53	0.53

Competitive Comparison of Andritz AG's Debt-to-Equity

For the Industrial Distribution subindustry, Andritz AG's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Andritz AG's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Andritz AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Andritz AG's Debt-to-Equity falls into.

Andritz AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andritz AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(521.047	+	724.973)	/	2374.809
	=	0.52

Andritz AG's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(450.109	+	719.565)	/	2215.109
	=	0.53

Andritz AG (OTCPK:ADRZF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Andritz AG Debt-to-Equity Related Terms

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Andritz AG (Andritz AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Andritz AG (OTCPK:ADRZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ADRZY:USA 0MJZ:UK AZ2:Germany ANDR:Czech Republic ANDR:Austria

Address

Stattegger Strasse 18, Graz, AUT, 8045

Website

https://www.andritz.com

Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.

Andritz AG (Andritz AG) Headlines

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