GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Driver & Bengsch AG (FRA:D8B1) » Definitions » Debt-to-Equity

Driver & Bengsch AG (FRA:D8B1) Debt-to-Equity : 0.00 (As of Jun. 2012)


View and export this data going back to 2011. Start your Free Trial

What is Driver & Bengsch AG Debt-to-Equity?

Driver & Bengsch AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2012 was €0.00 Mil. Driver & Bengsch AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2012 was €0.00 Mil. Driver & Bengsch AG's Total Stockholders Equity for the quarter that ended in Jun. 2012 was €-0.03 Mil. Driver & Bengsch AG's debt to equity for the quarter that ended in Jun. 2012 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 Driver & Bengsch AG's Debt-to-Equity or its related term are showing as below:

FRA:D8B1's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

Driver & Bengsch AG Debt-to-Equity Historical Data

The historical data trend for Driver & Bengsch 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.

* Premium members only.

Driver & Bengsch AG Debt-to-Equity Chart

Driver & Bengsch AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Equity
0.05 0.04 0.35 - 0.02

Driver & Bengsch AG Semi-Annual Data
Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.68 - - 0.02 -

Competitive Comparison of Driver & Bengsch AG's Debt-to-Equity

For the Insurance Brokers subindustry, Driver & Bengsch 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.


Driver & Bengsch AG's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Driver & Bengsch AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Driver & Bengsch AG's Debt-to-Equity falls into.



Driver & Bengsch AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Driver & Bengsch AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Driver & Bengsch AG's Debt to Equity Ratio for the quarter that ended in Jun. 2012 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.


Driver & Bengsch AG  (FRA:D8B1) 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.


Driver & Bengsch AG Debt-to-Equity Related Terms

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


Driver & Bengsch AG (FRA:D8B1) Business Description

Traded in Other Exchanges
N/A
Address
Berliner Platz 6a, Itzehoe, DEU, 25524
Driver & Bengsch AG is a Germany-based holding company offering various financial services including insurance and real estate brokerage and financial advisory services.

Driver & Bengsch AG (FRA:D8B1) Headlines

No Headlines