Vonovia SE (FRA:VNA) Debt-to-Equity : 1.69 (As of Dec. 2023)

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What is Vonovia SE Debt-to-Equity?

Vonovia SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,187 Mil. Vonovia SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €40,307 Mil. Vonovia SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €25,683 Mil. Vonovia SE's debt to equity for the quarter that ended in Dec. 2023 was 1.69.

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 Vonovia SE's Debt-to-Equity or its related term are showing as below:

FRA:VNA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 1.1 Max: 1.69
Current: 1.69

During the past 13 years, the highest Debt-to-Equity Ratio of Vonovia SE was 1.69. The lowest was 0.14. And the median was 1.10.

FRA:VNA's Debt-to-Equity is ranked worse than
77.6% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs FRA:VNA: 1.69

Vonovia SE Debt-to-Equity Historical Data

The historical data trend for Vonovia SE'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.

Vonovia SE Debt-to-Equity Chart

Vonovia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

1.02

1.45

1.46

1.69

Vonovia SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.46	0.03	1.65	0.03	1.69

Competitive Comparison of Vonovia SE's Debt-to-Equity

For the Real Estate Services subindustry, Vonovia SE'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.

Vonovia SE's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vonovia SE's Debt-to-Equity distribution charts can be found below:

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

Vonovia SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vonovia SE'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
	=	(3186.5	+	40307.4)	/	25682.6
	=	1.69

Vonovia SE'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
	=	(3186.5	+	40307.4)	/	25682.6
	=	1.69

Vonovia SE (FRA:VNA) 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.

Vonovia SE Debt-to-Equity Related Terms

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Vonovia SE (FRA:VNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vonovia SE (FRA:VNA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VONOY:USA VNNVF:USA VNA:Mexico VNA:Italy VNAd:UK 0QFT:UK VNAA:Germany VNAA:Germany VNA:Germany VNA:Germany VNA:Germany VNA:Austria

Address

Universitatsstrasse 133, Bochum, DEU, 44803

Website

https://www.vonovia.de

Vonovia SE is a residential real estate company based out of Germany. Vonovia owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. Furthermore, it is responsible for the control and monitoring systems as well as risk management. Operations are split into three units: rental, extension, and sales. Outside of extension and rental services, Vonovia's sales activities include managing its portfolio and real estate sales from any of its subportfolios.

Executives

Arnd Fittkau

Board of Directors

Vonovia SE (FRA:VNA) Headlines

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