Draegerwerk AG KGaA (Draegerwerk AG KGaA) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is Draegerwerk AG KGaA Debt-to-Equity?

Draegerwerk AG KGaA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $144 Mil. Draegerwerk AG KGaA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $370 Mil. Draegerwerk AG KGaA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,534 Mil. Draegerwerk AG KGaA's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

DGWPF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.28 Max: 0.36
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Draegerwerk AG KGaA was 0.36. The lowest was 0.21. And the median was 0.28.

DGWPF's Debt-to-Equity is ranked worse than
62.08% of 712 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs DGWPF: 0.34

Draegerwerk AG KGaA Debt-to-Equity Historical Data

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA Debt-to-Equity Chart

Draegerwerk AG KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.36

0.28

0.34

Draegerwerk AG KGaA 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															0.28	0.30	0.38	0.27	0.34

Competitive Comparison of Draegerwerk AG KGaA's Debt-to-Equity

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.

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

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

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

Draegerwerk AG KGaA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Draegerwerk AG KGaA'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
	=	(143.731	+	370.318)	/	1534.11
	=	0.34

Draegerwerk AG KGaA'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
	=	(143.731	+	370.318)	/	1534.11
	=	0.34

Draegerwerk AG KGaA (OTCPK:DGWPF) 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.

Draegerwerk AG KGaA Debt-to-Equity Related Terms

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Draegerwerk AG KGaA (Draegerwerk AG KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Draegerwerk AG & Co KGaA (OTCPK:DGWPF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0K5E:UK DRW3:Germany DRW3:Austria

Address

Moislinger Allee 53–55, Lubeck, DEU, 23542

Website

https://www.draeger.com

Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two divisions: medical and safety. The medical division contributes the majority of revenue. The company develops and produce system solutions, equipment, and services for the acute point of care. The five business units are Therapy (anesthesia devices and ventilators, as well as thermoregulation equipment), Hospital Consumables & Accessories (consumables and accessories), Workplace Infrastructure (supply units, lights, gas management systems), Monitoring (patient monitoring), and Data Business (software applications, system products, and new services). Draegerwerk's geographical segments are Europe; Americas; and Africa, Asia, and Australia.

Draegerwerk AG KGaA (Draegerwerk AG KGaA) Headlines

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