JOST Werke SE (FRA:JST) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is JOST Werke SE Debt-to-Equity?

JOST Werke SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €119 Mil. JOST Werke SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €149 Mil. JOST Werke SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €382 Mil. JOST Werke SE's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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

FRA:JST' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.42 Med: 0.65 Max: 1.19
Current: 0.7

During the past 10 years, the highest Debt-to-Equity Ratio of JOST Werke SE was 1.19. The lowest was -5.42. And the median was 0.65.

FRA:JST's Debt-to-Equity is ranked worse than
62.92% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs FRA:JST: 0.70

JOST Werke SE Debt-to-Equity Historical Data

The historical data trend for JOST Werke 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.

JOST Werke SE Debt-to-Equity Chart

JOST Werke SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.57

1.19

0.92

0.77

0.70

JOST Werke 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															0.77	0.75	0.75	0.80	0.70

Competitive Comparison of JOST Werke SE's Debt-to-Equity

For the Auto Parts subindustry, JOST Werke 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.

JOST Werke SE's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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

JOST Werke SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JOST Werke 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
	=	(118.629	+	149.434)	/	382.239
	=	0.70

JOST Werke 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
	=	(118.629	+	149.434)	/	382.239
	=	0.70

JOST Werke SE (FRA:JST) 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.

JOST Werke SE Debt-to-Equity Related Terms

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

JOST Werke SE (FRA:JST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JOST Werke SE (FRA:JST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RTR:UK JST:Germany

Address

Siemensstrase 2, Neu-Isenburg, HE, DEU, 63263

Website

https://www.jost-world.com

JOST Werke SE is a producer and supplier of safety-critical systems to the truck and trailer industry. The company's business segments are Asia, the Pacific and Africa, Europe, and North America. Its products are used in two business lines; Transport includes products and systems for trucks and trailers that provide the interface connecting the truck to the trailer, and it even sells wheel couplings, landing gears, king pins, and ball bearing turntables, and Agriculture includes products like agricultural front loaders for tractors, various implements for front loaders, and subframes, and it even sells towing hitches, drawbars, towing eyes and ladders under the brand name Rockinger.

JOST Werke SE (FRA:JST) Headlines

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