GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Masterflex SE (XTER:MZX) » Definitions » Debt-to-Equity

Masterflex SE (XTER:MZX) Debt-to-Equity : 0.42 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Masterflex SE Debt-to-Equity?

Masterflex SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €20.9 Mil. Masterflex SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.3 Mil. Masterflex SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €57.2 Mil. Masterflex SE's debt to equity for the quarter that ended in Dec. 2023 was 0.42.

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 Masterflex SE's Debt-to-Equity or its related term are showing as below:

XTER:MZX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.67   Max: 0.86
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Masterflex SE was 0.86. The lowest was 0.42. And the median was 0.67.

XTER:MZX's Debt-to-Equity is ranked worse than
56.26% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs XTER:MZX: 0.42

Masterflex SE Debt-to-Equity Historical Data

The historical data trend for Masterflex SE'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.

Masterflex SE Debt-to-Equity Chart

Masterflex SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.66 0.57 0.52 0.42

Masterflex SE 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 - - - 0.42

Competitive Comparison of Masterflex SE's Debt-to-Equity

For the Specialty Chemicals subindustry, Masterflex SE'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.


Masterflex SE's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Masterflex SE's Debt-to-Equity distribution charts can be found below:

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



Masterflex SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Masterflex SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Masterflex SE's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Masterflex SE  (XTER:MZX) 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.


Masterflex SE Debt-to-Equity Related Terms

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


Masterflex SE (XTER:MZX) Business Description

Traded in Other Exchanges
Address
Willy-Brandt-Allee 300, Gelsenkirchen, DEU, 45891
Masterflex SE develops, manufactures and marketing of high-tech hoses and connection systems for various industrial and manufacturing applications. The company sells its products under six brands. Masterflex brand produces spiral hoses and connection systems for all industrial applications. Matzen and Timm specialize in vulcanized shapes and hoses for the aerospace sector and the automotive industry. Novoplast offers pre-formed tubes and technical tubings for medical and industrial uses. Fleima-Plastic offers injection molded parts and components for medical technology. Masterduct provides spiral hoses and connection systems as well as heating, ventilation and air conditioning elements. APT produces hoses of fluoropolymers with permanent resistance to all chemicals.
Executives
Jan Van Der Zouw Supervisory Board

Masterflex SE (XTER:MZX) Headlines

No Headlines