Alamo Group (FRA:AL3) Debt-to-Equity : 0.22 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Alamo Group Debt-to-Equity?

Alamo Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €14 Mil. Alamo Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €188 Mil. Alamo Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €917 Mil. Alamo Group's debt to equity for the quarter that ended in Sep. 2024 was 0.22.

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 Alamo Group's Debt-to-Equity or its related term are showing as below:

FRA:AL3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.4 Max: 0.88
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Alamo Group was 0.88. The lowest was 0.13. And the median was 0.40.

FRA:AL3's Debt-to-Equity is ranked better than
66.49% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.37 vs FRA:AL3: 0.22

Alamo Group Debt-to-Equity Historical Data

The historical data trend for Alamo Group'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.

Alamo Group Debt-to-Equity Chart

Alamo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.78

0.46

0.39

0.26

Alamo Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.37	0.26	0.34	0.30	0.22

Competitive Comparison of Alamo Group's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Alamo Group'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.

Alamo Group's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Alamo Group's Debt-to-Equity distribution charts can be found below:

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

Alamo Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alamo Group'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
	=	(18.618	+	201.987)	/	855.344
	=	0.26

Alamo Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(13.523	+	188.45)	/	916.966
	=	0.22

Alamo Group (FRA:AL3) 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.

Alamo Group Debt-to-Equity Related Terms

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

Alamo Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Alamo Group Inc (FRA:AL3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALG:USA

Address

1627 East Walnut, Seguin, TX, USA, 78155

Website

https://www.alamo-group.com

Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.

Alamo Group Headlines

No Headlines