Simona AG (FRA:SIM0) Debt-to-Equity : 0.19 (As of Dec. 2023)

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What is Simona AG Debt-to-Equity?

Simona AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €33.7 Mil. Simona AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €32.8 Mil. Simona AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €354.1 Mil. Simona AG's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 Simona AG's Debt-to-Equity or its related term are showing as below:

FRA:SIM0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.21
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Simona AG was 0.21. The lowest was 0.04. And the median was 0.08.

FRA:SIM0's Debt-to-Equity is ranked better than
61.46% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs FRA:SIM0: 0.19

Simona AG Debt-to-Equity Historical Data

The historical data trend for Simona 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.

Simona AG Debt-to-Equity Chart

Simona AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.07

0.06

0.21

0.19

Simona AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.23	0.21	0.11	0.19

Competitive Comparison of Simona AG's Debt-to-Equity

For the Metal Fabrication subindustry, Simona 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.

Simona AG's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simona AG's Debt-to-Equity distribution charts can be found below:

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

Simona AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Simona AG'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
	=	(33.732	+	32.823)	/	354.118
	=	0.19

Simona AG's Debt to Equity Ratio for the quarter 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
	=	(33.732	+	32.823)	/	354.118
	=	0.19

Simona AG (FRA:SIM0) 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.

Simona AG Debt-to-Equity Related Terms

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Simona AG (FRA:SIM0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simona AG (FRA:SIM0) » Definitions » Debt-to-Equity

Comparable Companies

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SIM:Germany

Address

Teichweg 16, Kirn, RP, DEU, 55606

Website

https://www.simona.de

Simona AG is Germany based company that is engaged in developing, manufacturing and marketing semi-finished thermoplastics, pipes, and fittings as well as finished parts and profiles. The company's products include sheets, twin wall sheets, rods, profiles, welding rods, pipes, fittings, flanges, valves, solid rods, hollow rods, U-profiles and square pipes and finished parts and profiles. The company organizes its business into geographic segments namely EMEA, the Americas, and Asia-Pacific. All three segments generate their revenues through the sale of Semi-finished and finished parts and Pipes and fittings.

Executives

Matthias Schoenberg

Board of Directors

Simona AG (FRA:SIM0) Headlines

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