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elexxion AG (XTER:E8X) Debt-to-Equity : -1.04 (As of Dec. 2022)


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What is elexxion AG Debt-to-Equity?

elexxion AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €0.00 Mil. elexxion AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €4.08 Mil. elexxion AG's Total Stockholders Equity for the quarter that ended in Dec. 2022 was €-3.92 Mil. elexxion AG's debt to equity for the quarter that ended in Dec. 2022 was -1.04.

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

XTER:E8X's Debt-to-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

elexxion AG Debt-to-Equity Historical Data

The historical data trend for elexxion 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.

elexxion AG Debt-to-Equity Chart

elexxion AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.38 -1.30 -1.26 -1.18 -1.04

elexxion AG Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 -1.26 -1.21 -1.18 - -1.04

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

For the Medical Devices subindustry, elexxion 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.


elexxion AG's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, elexxion AG's Debt-to-Equity distribution charts can be found below:

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



elexxion AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

elexxion AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

elexxion AG's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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.


elexxion AG  (XTER:E8X) 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.


elexxion AG Debt-to-Equity Related Terms

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


elexxion AG (XTER:E8X) Business Description

Traded in Other Exchanges
Address
Otto-Hahn-Strasse 7, Singen, DEU, 78224
elexxion AG is involved in the development of dental equipment in Germany. The company develops laser technology and advanced dental lasers for dental practitioners. Its products include elexxion pico, elexxion nano, perio green, elexxion pico lite perio green, and others.

elexxion AG (XTER:E8X) Headlines

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