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Superior Industries International (FRA:SPD) Debt-to-Equity : 10.96 (As of Sep. 2024)


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What is Superior Industries International Debt-to-Equity?

Superior Industries International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €5 Mil. Superior Industries International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €435 Mil. Superior Industries International's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €40 Mil. Superior Industries International's debt to equity for the quarter that ended in Sep. 2024 was 10.96.

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 Superior Industries International's Debt-to-Equity or its related term are showing as below:

FRA:SPD' s Debt-to-Equity Range Over the Past 10 Years
Min: -73.18   Med: 1.82   Max: 26.96
Current: 10.96

During the past 13 years, the highest Debt-to-Equity Ratio of Superior Industries International was 26.96. The lowest was -73.18. And the median was 1.82.

FRA:SPD's Debt-to-Equity is ranked worse than
99.49% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs FRA:SPD: 10.96

Superior Industries International Debt-to-Equity Historical Data

The historical data trend for Superior Industries International'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.

Superior Industries International Debt-to-Equity Chart

Superior Industries International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 4.02 4.72 3.16 3.81

Superior Industries International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.74 3.81 4.61 6.83 10.96

Competitive Comparison of Superior Industries International's Debt-to-Equity

For the Auto Parts subindustry, Superior Industries International'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.


Superior Industries International's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Superior Industries International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Superior Industries International's Debt-to-Equity falls into.



Superior Industries International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Superior Industries International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Superior Industries International's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Superior Industries International  (FRA:SPD) 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.


Superior Industries International Debt-to-Equity Related Terms

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


Superior Industries International Business Description

Traded in Other Exchanges
Address
26600 Telegraph Road, Suite 400, Southfield, MI, USA, 48033
Superior Industries International Inc is engaged in the design and manufacture of aluminum wheels for sale to OEMs in North America and Europe and to the aftermarket in Europe. The company's OEM aluminum wheels are primarily sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo. It sells aluminum wheels to the European aftermarket under the brands ATS, RIAL, ALUTEC, and ANZIO.

Superior Industries International Headlines

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