Kendrion NV (XAMS:KENDR) Debt-to-Equity : 0.96 (As of Dec. 2023)

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What is Kendrion NV Debt-to-Equity?

Kendrion NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €12.4 Mil. Kendrion NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €153.2 Mil. Kendrion NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €172.0 Mil. Kendrion NV's debt to equity for the quarter that ended in Dec. 2023 was 0.96.

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

XAMS:KENDR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.53 Max: 1.02
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Kendrion NV was 1.02. The lowest was 0.27. And the median was 0.53.

XAMS:KENDR's Debt-to-Equity is ranked worse than
72.89% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XAMS:KENDR: 0.96

Kendrion NV Debt-to-Equity Historical Data

The historical data trend for Kendrion 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.

Kendrion NV Debt-to-Equity Chart

Kendrion NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.57

0.67

1.02

0.96

Kendrion NV 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															1.02	1.02	1.12	1.07	0.96

Competitive Comparison of Kendrion NV's Debt-to-Equity

For the Auto Parts subindustry, Kendrion 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.

Kendrion NV's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kendrion NV's Debt-to-Equity distribution charts can be found below:

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

Kendrion NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kendrion NV'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
	=	(12.4	+	153.2)	/	172
	=	0.96

Kendrion NV'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
	=	(12.4	+	153.2)	/	172
	=	0.96

Kendrion NV (XAMS:KENDR) 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.

Kendrion NV Debt-to-Equity Related Terms

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Kendrion NV (XAMS:KENDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kendrion NV (XAMS:KENDR) » Definitions » Debt-to-Equity

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KENDRa:UK K3E:Germany

Address

Herikerbergweg 213, Vesta Building, 5th floor, Amsterdam, NLD, 1101 CN

Website

https://www.kendrion.com

Kendrion NV is engaged in developing, manufacturing and marketing electromagnetic and mechatronic systems and components for industrial and automotive applications. Its core business activities include electromagnetic components and mechatronic solutions for customer applications in the industrial and automotive sector; customized mechatronic solutions to automatic processes; electromagnetic solenoids, brakes, holding magnets, valves, controllers and clutches for industrial applications and individual systems for commercial vehicles as well as off-highway application and hydraulic industry. The company has two business divisions namely Automotive and Industrial. The majority of the revenue comes from Germany.

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