Ceconomy AG (Ceconomy AG) Debt-to-Equity : 4.39 (As of Dec. 2023)

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What is Ceconomy AG Debt-to-Equity?

Ceconomy AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $661 Mil. Ceconomy AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,113 Mil. Ceconomy AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $631 Mil. Ceconomy AG's debt to equity for the quarter that ended in Dec. 2023 was 4.39.

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

MTTRY' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.59 Med: 1.62 Max: 7.16
Current: 4.39

During the past 13 years, the highest Debt-to-Equity Ratio of Ceconomy AG was 7.16. The lowest was -0.59. And the median was 1.62.

MTTRY's Debt-to-Equity is ranked worse than
94.62% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs MTTRY: 4.39

Ceconomy AG Debt-to-Equity Historical Data

The historical data trend for Ceconomy 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.

Ceconomy AG Debt-to-Equity Chart

Ceconomy AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.40

4.97

4.02

4.70

5.58

Ceconomy AG 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															3.78	3.83	5.40	5.58	4.39

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

For the Specialty Retail subindustry, Ceconomy 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.

Ceconomy AG's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ceconomy AG's Debt-to-Equity distribution charts can be found below:

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

Ceconomy AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ceconomy AG's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(623.266	+	2134.472)	/	494.13
	=	5.58

Ceconomy 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
	=	(660.851	+	2113.413)	/	631.407
	=	4.39

Ceconomy AG (OTCPK:MTTRY) 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.

Ceconomy AG Debt-to-Equity Related Terms

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

Ceconomy AG (Ceconomy AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ceconomy AG (OTCPK:MTTRY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1CEC:Italy CECd:UK 0MPM:UK CEC:Germany CEC:Germany CEC:Germany CEC:Germany CEC:Austria

Address

Kaistrasse 3, Dusseldorf, NW, DEU, 40221

Website

https://www.ceconomy.de

Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (Ceconomy AG) Headlines

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