HanseYachts AG (FRA:H9Y) Debt-to-Equity : -0.43 (As of Dec. 2023)

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What is HanseYachts AG Debt-to-Equity?

HanseYachts AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1 Mil. HanseYachts AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3 Mil. HanseYachts AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-8 Mil. HanseYachts AG's debt to equity for the quarter that ended in Dec. 2023 was -0.43.

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 HanseYachts AG's Debt-to-Equity or its related term are showing as below:

FRA:H9Y' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.93 Med: 1.38 Max: 134.35
Current: -0.43

During the past 13 years, the highest Debt-to-Equity Ratio of HanseYachts AG was 134.35. The lowest was -3.93. And the median was 1.38.

FRA:H9Y's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.47 vs FRA:H9Y: -0.43

HanseYachts AG Debt-to-Equity Historical Data

The historical data trend for HanseYachts 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.

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HanseYachts AG Debt-to-Equity Chart

HanseYachts AG Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.40

3.90

2.78

-3.43

-3.93

HanseYachts AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.64	-3.43	-0.35	-3.93	-0.43

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

For the Recreational Vehicles subindustry, HanseYachts 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.

HanseYachts AG's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HanseYachts AG's Debt-to-Equity distribution charts can be found below:

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

HanseYachts AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HanseYachts AG's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(23.893	+	18.373)	/	-10.756
	=	-3.93

HanseYachts AG'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
	=	(0.737	+	2.621)	/	-7.793
	=	-0.43

HanseYachts AG (FRA:H9Y) 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.

HanseYachts AG Debt-to-Equity Related Terms

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HanseYachts AG (FRA:H9Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HanseYachts AG (FRA:H9Y) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

H9Y:Germany

Address

Ladebower Chaussee 11, Greifswald, MV, DEU, 17493

Website

https://www.hanseyachtsag.com

HanseYachts AG is the manufacturer of seagoing sailing and motor yachts. The company's business segments include Sailing Yachts; Motor Yachts; Catamarans and others. The Sailing Yachts segment engages in the production and selling of sailing yachts. It offers cruising yachts under the HANSE brand, elegant deck salons or classically designed cruisers under the Moody brand, sporty cruiser racers under the delher brand, and the VA brand. The Motor Yachts segment manufactures motor yachts under brands such as Fjord and Sealine. It generates maximum revenue from the Sailing Yachts segment. Geographically, it operates in Germany, the United States, France, Turkey, the Netherlands, the United Kingdom, Other Europe and others.

HanseYachts AG (FRA:H9Y) Headlines

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