TAG Immobilien AG (LTS:TEGJ) Debt-to-Equity : 1.10 (As of Mar. 2024)

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What is TAG Immobilien AG Debt-to-Equity?

TAG Immobilien AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €354.56 Mil. TAG Immobilien AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,879.50 Mil. TAG Immobilien AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,944.63 Mil. TAG Immobilien AG's debt to equity for the quarter that ended in Mar. 2024 was 1.10.

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

LTS:TEGJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 1.24 Max: 2.57
Current: 1.1

During the past 13 years, the highest Debt-to-Equity Ratio of TAG Immobilien AG was 2.57. The lowest was 1.02. And the median was 1.24.

LTS:TEGJ's Debt-to-Equity is ranked worse than
63.14% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs LTS:TEGJ: 1.10

TAG Immobilien AG Debt-to-Equity Historical Data

The historical data trend for TAG Immobilien 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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TAG Immobilien AG Debt-to-Equity Chart

TAG Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.10

1.18

1.02

1.20

1.15

TAG Immobilien 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															1.12	1.19	1.18	1.15	1.10

Competitive Comparison of TAG Immobilien AG's Debt-to-Equity

For the Real Estate Services subindustry, TAG Immobilien 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.

TAG Immobilien AG's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TAG Immobilien AG's Debt-to-Equity distribution charts can be found below:

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

TAG Immobilien AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TAG Immobilien 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
	=	(395.381	+	2927.55)	/	2885.168
	=	1.15

TAG Immobilien 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
	=	(354.562	+	2879.499)	/	2944.627
	=	1.10

TAG Immobilien AG (LTS:TEGJ) 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.

TAG Immobilien AG Debt-to-Equity Related Terms

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TAG Immobilien AG (LTS:TEGJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (LTS:TEGJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TAGOF:USA TEGd:UK 0JK4:UK TEG:Germany TEG:Austria

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

TAG Immobilien AG (LTS:TEGJ) Headlines

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