Daimler Truck Holding AG (Daimler Truck Holding AG) Debt-to-Equity : 1.05 (As of Dec. 2023)

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What is Daimler Truck Holding AG Debt-to-Equity?

Daimler Truck Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,010 Mil. Daimler Truck Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16,760 Mil. Daimler Truck Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $23,561 Mil. Daimler Truck Holding AG's debt to equity for the quarter that ended in Dec. 2023 was 1.05.

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

DTRUY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.93 Med: 1.57 Max: 2.36
Current: 1.05

During the past 6 years, the highest Debt-to-Equity Ratio of Daimler Truck Holding AG was 2.36. The lowest was 0.93. And the median was 1.57.

DTRUY's Debt-to-Equity is ranked worse than
82.98% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.405 vs DTRUY: 1.05

Daimler Truck Holding AG Debt-to-Equity Historical Data

The historical data trend for Daimler Truck Holding 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.

Daimler Truck Holding AG Debt-to-Equity Chart

Daimler Truck Holding AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.24

2.36

0.95

0.93

1.05

Daimler Truck Holding AG Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.93	1.02	1.06	1.18	1.05

Competitive Comparison of Daimler Truck Holding AG's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Daimler Truck Holding 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.

Daimler Truck Holding AG's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Daimler Truck Holding AG's Debt-to-Equity distribution charts can be found below:

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

Daimler Truck Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daimler Truck Holding 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
	=	(8009.815	+	16760.087)	/	23560.523
	=	1.05

Daimler Truck Holding 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
	=	(8009.815	+	16760.087)	/	23560.523
	=	1.05

Daimler Truck Holding AG (OTCPK:DTRUY) 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.

Daimler Truck Holding AG Debt-to-Equity Related Terms

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Daimler Truck Holding AG (Daimler Truck Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Daimler Truck Holding AG (OTCPK:DTRUY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DTGHF:USA DTG:Romania DTGd:UK DTG:Germany DTG:Austria

Address

Fasanenweg 10, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.daimlertruck.com

Daimler Truck Holding AG is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star. Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. It generates maximum revenue from the Trucks North America segment. The Trucks North America segment develops, manufactures and sells trucks under the Freightliner and Western Star brands in North America. The segment's product range also includes buses of Thomas Built Buses as well as bus chassis.

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