GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CeoTronics AG (STU:CEK) » Definitions » Debt-to-Equity

CeoTronics AG (STU:CEK) Debt-to-Equity : 0.87 (As of Nov. 2023)


View and export this data going back to . Start your Free Trial

What is CeoTronics AG Debt-to-Equity?

CeoTronics AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €0.00 Mil. CeoTronics AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €15.52 Mil. CeoTronics AG's Total Stockholders Equity for the quarter that ended in Nov. 2023 was €17.92 Mil. CeoTronics AG's debt to equity for the quarter that ended in Nov. 2023 was 0.87.

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

STU:CEK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37   Med: 0.58   Max: 1.48
Current: 0.87

During the past 13 years, the highest Debt-to-Equity Ratio of CeoTronics AG was 1.48. The lowest was 0.37. And the median was 0.58.

STU:CEK's Debt-to-Equity is ranked worse than
82.26% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs STU:CEK: 0.87

CeoTronics AG Debt-to-Equity Historical Data

The historical data trend for CeoTronics 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.

CeoTronics AG Debt-to-Equity Chart

CeoTronics AG Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.68 0.41 0.72 0.37

CeoTronics AG Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.57 0.72 0.51 0.37 0.87

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

For the Communication Equipment subindustry, CeoTronics 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.


CeoTronics AG's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CeoTronics AG's Debt-to-Equity distribution charts can be found below:

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



CeoTronics AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

CeoTronics AG's Debt to Equity Ratio for the quarter that ended in Nov. 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.


CeoTronics AG  (STU:CEK) 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.


CeoTronics AG Debt-to-Equity Related Terms

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


CeoTronics AG (STU:CEK) Business Description

Traded in Other Exchanges
Address
Ceotronics AG, Adam-opel-strac E 6, Rödermark, DEU, 63322
CeoTronics AG is a provider of short-range mobile digital wireless radio networks and communication headsets and systems for professional use.

CeoTronics AG (STU:CEK) Headlines

No Headlines