Schindler Holding AG (XSWX:SCHN) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Schindler Holding AG Debt-to-Equity?

Schindler Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CHF0 Mil. Schindler Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CHF0 Mil. Schindler Holding AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was CHF4,400 Mil. Schindler Holding AG's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

XSWX:SCHN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.24 Max: 0.4
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Schindler Holding AG was 0.40. The lowest was 0.06. And the median was 0.24.

XSWX:SCHN's Debt-to-Equity is ranked better than
64.89% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs XSWX:SCHN: 0.16

Schindler Holding AG Debt-to-Equity Historical Data

The historical data trend for Schindler 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.

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Schindler Holding AG Debt-to-Equity Chart

Schindler Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.24

0.25

0.24

0.15

Schindler Holding AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.24	-	0.15	0.15	-

Competitive Comparison of Schindler Holding AG's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Schindler 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.

Schindler Holding AG's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Schindler Holding AG's Debt-to-Equity distribution charts can be found below:

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

Schindler Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Schindler 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
	=	(325	+	374)	/	4604
	=	0.15

Schindler Holding AG's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	0)	/	4400
	=	0.00

Schindler Holding AG (XSWX:SCHN) 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.

Schindler Holding AG Debt-to-Equity Related Terms

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Schindler Holding AG (XSWX:SCHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schindler Holding AG (XSWX:SCHN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SHLRF:USA SHLAF:USA SCHP:Mexico SCHNz:UK SCHPz:UK 0QO1:UK SCHP:Switzerland

Address

Seestrasse 55, Hergiswil, CHE, 6052

Website

https://www.schindler.com

Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.

Schindler Holding AG (XSWX:SCHN) Headlines

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