Hochtief AG (WBO:HOT) Debt-to-Equity : 4.45 (As of Dec. 2023)

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What is Hochtief AG Debt-to-Equity?

Hochtief AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €641 Mil. Hochtief AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4,859 Mil. Hochtief AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,235 Mil. Hochtief AG's debt to equity for the quarter that ended in Dec. 2023 was 4.45.

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

WBO:HOT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 3.03 Max: 7.97
Current: 4.45

During the past 13 years, the highest Debt-to-Equity Ratio of Hochtief AG was 7.97. The lowest was 0.42. And the median was 3.03.

WBO:HOT's Debt-to-Equity is ranked worse than
96.89% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs WBO:HOT: 4.45

Hochtief AG Debt-to-Equity Historical Data

The historical data trend for Hochtief 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.

Hochtief AG Debt-to-Equity Chart

Hochtief AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.22

7.97

6.02

5.00

4.45

Hochtief AG 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															5.00	0.37	0.41	0.34	4.45

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

For the Engineering & Construction subindustry, Hochtief 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.

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

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

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

Hochtief AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hochtief 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
	=	(640.984	+	4859.433)	/	1235.478
	=	4.45

Hochtief AG'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
	=	(640.984	+	4859.433)	/	1235.478
	=	4.45

Hochtief AG (WBO:HOT) 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.

Hochtief AG Debt-to-Equity Related Terms

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Hochtief AG (WBO:HOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hochtief AG (WBO:HOT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HOCFF:USA 1HOT:Italy HOTd:UK 0EPW:UK HOT:Germany

Address

Alfredstrasse 236, Essen, NW, DEU, 45133

Website

https://www.hochtief.com

Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Hochtief reports operating segments by regional divisions: Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where most of the company's assets are located.