Kloeckner SE (STU:KCO) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Kloeckner SE Debt-to-Equity?

Kloeckner SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €88 Mil. Kloeckner SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €742 Mil. Kloeckner SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,748 Mil. Kloeckner SE's debt to equity for the quarter that ended in Dec. 2023 was 0.47.

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 Kloeckner SE's Debt-to-Equity or its related term are showing as below:

STU:KCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.48 Max: 0.55
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Kloeckner SE was 0.55. The lowest was 0.31. And the median was 0.48.

STU:KCO's Debt-to-Equity is ranked worse than
55.56% of 558 companies
in the Steel industry
Industry Median: 0.41 vs STU:KCO: 0.48

Kloeckner SE Debt-to-Equity Historical Data

The historical data trend for Kloeckner SE'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.

Kloeckner SE Debt-to-Equity Chart

Kloeckner SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.53

0.50

0.45

0.31

0.48

Kloeckner SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.31	-	0.36	-	0.48

Competitive Comparison of Kloeckner SE's Debt-to-Equity

For the Steel subindustry, Kloeckner SE'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.

Kloeckner SE's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kloeckner SE's Debt-to-Equity distribution charts can be found below:

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

Kloeckner SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kloeckner SE'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
	=	(87.759	+	742.05)	/	1747.695
	=	0.47

Kloeckner SE's Debt to Equity Ratio for the quarter 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
	=	(87.759	+	742.05)	/	1747.695
	=	0.47

Kloeckner SE (STU:KCO) 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.

Kloeckner SE Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kloeckner SE's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kloeckner SE (STU:KCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kloeckner & Co SE (STU:KCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0KVR:UK KCO:Germany KCO:Austria

Address

Am Silberpalais 1, Duisburg, DEU, 47057

Website

https://www.kloeckner.com

Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU.

Kloeckner SE (STU:KCO) Headlines

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