Grupa Kety (FRA:GQ2) Debt-to-Equity : 0.47 (As of Jun. 2024)

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What is Grupa Kety Debt-to-Equity?

Grupa Kety's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €45 Mil. Grupa Kety's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €143 Mil. Grupa Kety's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €403 Mil. Grupa Kety's debt to equity for the quarter that ended in Jun. 2024 was 0.47.

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 Grupa Kety's Debt-to-Equity or its related term are showing as below:

FRA:GQ2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.47 Max: 0.7
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Grupa Kety was 0.70. The lowest was 0.20. And the median was 0.47.

FRA:GQ2's Debt-to-Equity is ranked worse than
73.75% of 1303 companies
in the Metals & Mining industry
Industry Median: 0.13 vs FRA:GQ2: 0.47

Grupa Kety Debt-to-Equity Historical Data

The historical data trend for Grupa Kety'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.

Grupa Kety Debt-to-Equity Chart

Grupa Kety Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.47

0.55

0.62

0.54

Grupa Kety Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.49	0.43	0.54	0.45	0.47

Competitive Comparison of Grupa Kety's Debt-to-Equity

For the Aluminum subindustry, Grupa Kety'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.

Grupa Kety's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupa Kety's Debt-to-Equity distribution charts can be found below:

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

Grupa Kety Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupa Kety'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
	=	(122.138	+	119.809)	/	448.099
	=	0.54

Grupa Kety'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
	=	(44.901	+	142.989)	/	403.23
	=	0.47

Grupa Kety (FRA:GQ2) 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.

Grupa Kety Debt-to-Equity Related Terms

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Grupa Kety Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupa Kety SA (FRA:GQ2) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KTY:Poland GQ2:Germany

Address

ul. Ko?ciuszki 111, Kety, POL, 32-650

Website

http://www.gk-kety.com.pl

Grupa Kety SA manufactures and sells extruded aluminum and other aluminum products primarily to industrial customers. The firm organizes itself into five segments based on product. The Extruded Products segment manufactures aluminum profiles. The Flexible Packaging segment produces and sells packaging to the food industry. The Aluminum Systems segment, which generates the most revenue of any segment, sells aluminum systems to the building industry. The Building Accessories and Building Services segments produce and sell hardware and aluminum facades to the construction industry. The vast majority of Grupa Kety's revenue comes from Poland, where the company's operations are also located.

Grupa Kety Headlines

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