Ackermans & Van Haaren NV (XBRU:ACKB) Debt-to-Equity : 1.97 (As of Dec. 2023)

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What is Ackermans & Van Haaren NV Debt-to-Equity?

Ackermans & Van Haaren NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €7,277 Mil. Ackermans & Van Haaren NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,392 Mil. Ackermans & Van Haaren NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4,914 Mil. Ackermans & Van Haaren NV's debt to equity for the quarter that ended in Dec. 2023 was 1.97.

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 Ackermans & Van Haaren NV's Debt-to-Equity or its related term are showing as below:

XBRU:ACKB' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.93 Med: 2.29 Max: 2.54
Current: 1.97

During the past 13 years, the highest Debt-to-Equity Ratio of Ackermans & Van Haaren NV was 2.54. The lowest was 1.93. And the median was 2.29.

XBRU:ACKB's Debt-to-Equity is ranked worse than
90.7% of 1506 companies
in the Construction industry
Industry Median: 0.435 vs XBRU:ACKB: 1.97

Ackermans & Van Haaren NV Debt-to-Equity Historical Data

The historical data trend for Ackermans & Van Haaren 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.

Ackermans & Van Haaren NV Debt-to-Equity Chart

Ackermans & Van Haaren NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.39

2.54

2.38

1.93

1.97

Ackermans & Van Haaren NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.38	2.22	1.93	2.04	1.97

Competitive Comparison of Ackermans & Van Haaren NV's Debt-to-Equity

For the Engineering & Construction subindustry, Ackermans & Van Haaren 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.

Ackermans & Van Haaren NV's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ackermans & Van Haaren NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ackermans & Van Haaren NV's Debt-to-Equity falls into.

Ackermans & Van Haaren NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ackermans & Van Haaren 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
	=	(7276.554	+	2391.692)	/	4913.951
	=	1.97

Ackermans & Van Haaren 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
	=	(7276.554	+	2391.692)	/	4913.951
	=	1.97

Ackermans & Van Haaren NV (XBRU:ACKB) 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.

Ackermans & Van Haaren NV Debt-to-Equity Related Terms

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Ackermans & Van Haaren NV (XBRU:ACKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ackermans & Van Haaren NV (XBRU:ACKB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AVHNF:USA ACKBb:UK 0GYM:UK B3K:Germany

Address

Begijnenvest 113, Antwerp, BEL, 2000

Website

https://www.avh.be

Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.

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