Wolford AG (STU:WOF) Debt-to-Equity : -3.24 (As of Jun. 2023)

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What is Wolford AG Debt-to-Equity?

Wolford AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €13.2 Mil. Wolford AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €42.2 Mil. Wolford AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €-17.1 Mil. Wolford AG's debt to equity for the quarter that ended in Jun. 2023 was -3.24.

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

STU:WOF' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.2 Med: 0.73 Max: 4.66
Current: -3.24

During the past 13 years, the highest Debt-to-Equity Ratio of Wolford AG was 4.66. The lowest was -11.20. And the median was 0.73.

STU:WOF's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs STU:WOF: -3.24

Wolford AG Debt-to-Equity Historical Data

The historical data trend for Wolford 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.

Wolford AG Debt-to-Equity Chart

Wolford AG Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Dec21

Dec22

Debt-to-Equity

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1.01

0.77

4.07

4.66

-4.88

Wolford AG Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															3.84	4.66	-11.20	-4.88	-3.24

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

For the Apparel Manufacturing subindustry, Wolford 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.

Wolford AG's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolford AG's Debt-to-Equity distribution charts can be found below:

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

Wolford AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wolford AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(50.795	+	42.161)	/	-19.053
	=	-4.88

Wolford AG's Debt to Equity Ratio for the quarter 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
	=	(13.208	+	42.226)	/	-17.131
	=	-3.24

Wolford AG (STU:WOF) 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.

Wolford AG Debt-to-Equity Related Terms

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

Wolford AG (STU:WOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolford AG (STU:WOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WOL:Austria

Address

Wolfordstrasse 1, Bregenz, AUT, 6900

Website

https://www.wolford.com

Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

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