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Altice Europe NV (XAMS:ATC) Debt-to-Equity : -14.34 (As of Sep. 2020)


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What is Altice Europe NV Debt-to-Equity?

Altice Europe NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was €911 Mil. Altice Europe NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was €33,647 Mil. Altice Europe NV's Total Stockholders Equity for the quarter that ended in Sep. 2020 was €-2,410 Mil. Altice Europe NV's debt to equity for the quarter that ended in Sep. 2020 was -14.34.

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 Altice Europe NV's Debt-to-Equity or its related term are showing as below:

XAMS:ATC's Debt-to-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Altice Europe NV Debt-to-Equity Historical Data

The historical data trend for Altice Europe NV'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.

Altice Europe NV Debt-to-Equity Chart

Altice Europe NV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.53 -23.72 -31.98 -10.62 -14.29

Altice Europe NV Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -43.19 -14.29 -14.34 -17.95 -14.34

Competitive Comparison of Altice Europe NV's Debt-to-Equity

For the Telecom Services subindustry, Altice Europe NV'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.


Altice Europe NV's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Altice Europe NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Altice Europe NV's Debt-to-Equity falls into.



Altice Europe NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altice Europe NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Altice Europe NV's Debt to Equity Ratio for the quarter that ended in Sep. 2020 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.


Altice Europe NV  (XAMS:ATC) 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.


Altice Europe NV Debt-to-Equity Related Terms

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Altice Europe NV (XAMS:ATC) Business Description

Traded in Other Exchanges
N/A
Address
Oostdam 1, Woerden, NLD, 3441 EM
Altice Europe NV is engaged in telecom, content, media, entertainment and advertising. The company delivers products and solutions over fibre networks and mobile broadband. It is also a provider of enterprise digital solutions to business customers. The company's segments areFrance, Portugal, Israel, Dominican Republic, Teads, Altice TV, and Others.