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Rath AG (LTS:0FRT) Debt-to-Equity : 0.84 (As of Dec. 2023)


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What is Rath AG Debt-to-Equity?

Rath AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €6.2 Mil. Rath AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €42.6 Mil. Rath AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €58.2 Mil. Rath AG's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

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

LTS:0FRT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.81   Max: 0.91
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of Rath AG was 0.91. The lowest was 0.03. And the median was 0.81.

LTS:0FRT's Debt-to-Equity is ranked worse than
70.38% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs LTS:0FRT: 0.84

Rath AG Debt-to-Equity Historical Data

The historical data trend for Rath 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.

Rath AG Debt-to-Equity Chart

Rath AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.85 0.82 0.91 0.84

Rath 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.78 0.91 0.83 0.84

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

For the Building Products & Equipment subindustry, Rath 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.


Rath AG's Debt-to-Equity Distribution in the Construction Industry

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

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



Rath AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Rath AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Rath AG  (LTS:0FRT) 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.


Rath AG Debt-to-Equity Related Terms

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


Rath AG (LTS:0FRT) Business Description

Traded in Other Exchanges
Address
Walfischgasse 14, Vienna, AUT, 1015
Rath AG is an Austrian company that manufactures refractory products. It produces dense stones, refractory bricks, masses and high-temperature wool. It operates in nine different industry sectors, namely Iron and steel industry, domestic fireplaces, ceramic industry, sonderofenbau, energy and environmental technology, chemical, and petrochemical industry, glass industry, non-ferrous metal industry and cement and lime industry.

Rath AG (LTS:0FRT) Headlines

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