Hoffmann Green Cement Technologies (FRA:0VW) Debt-to-Equity : 0.44 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Hoffmann Green Cement Technologies Debt-to-Equity?

Hoffmann Green Cement Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €5.40 Mil. Hoffmann Green Cement Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €21.72 Mil. Hoffmann Green Cement Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €62.04 Mil. Hoffmann Green Cement Technologies's debt to equity for the quarter that ended in Jun. 2024 was 0.44.

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 Hoffmann Green Cement Technologies's Debt-to-Equity or its related term are showing as below:

FRA:0VW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.31 Max: 226.92
Current: 0.44

During the past 8 years, the highest Debt-to-Equity Ratio of Hoffmann Green Cement Technologies was 226.92. The lowest was 0.12. And the median was 0.31.

FRA:0VW's Debt-to-Equity is ranked worse than
55.49% of 355 companies
in the Building Materials industry
Industry Median: 0.37 vs FRA:0VW: 0.44

Hoffmann Green Cement Technologies Debt-to-Equity Historical Data

The historical data trend for Hoffmann Green Cement Technologies'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.

Hoffmann Green Cement Technologies Debt-to-Equity Chart

Hoffmann Green Cement Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.25

0.31

0.33

0.30

Hoffmann Green Cement Technologies Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial									0.31	0.33	0.31	0.30	0.44

Competitive Comparison of Hoffmann Green Cement Technologies's Debt-to-Equity

For the Building Materials subindustry, Hoffmann Green Cement Technologies'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.

Hoffmann Green Cement Technologies's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hoffmann Green Cement Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hoffmann Green Cement Technologies's Debt-to-Equity falls into.

Hoffmann Green Cement Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoffmann Green Cement Technologies'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
	=	(5.536	+	14.647)	/	67.035
	=	0.30

Hoffmann Green Cement Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(5.4	+	21.716)	/	62.037
	=	0.44

Hoffmann Green Cement Technologies (FRA:0VW) 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.

Hoffmann Green Cement Technologies Debt-to-Equity Related Terms

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

Hoffmann Green Cement Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hoffmann Green Cement Technologies (FRA:0VW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALHGR:France

Address

6 rue de la Bretaudiere, Chaille under the Ormeaux, Rives-de-l Yon, FRA, 85310

Website

https://www.ciments-hoffmann.com

Hoffmann Green Cement Technologies is engaged in the production of cement for construction and land use planning. It has developed an innovation that involves changing the actual composition of the cement to achieve a much smaller carbon footprint than traditional Portland cement.

Hoffmann Green Cement Technologies Headlines

No Headlines