Centrotherm international AG (HAM:CTNK) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Centrotherm international AG Debt-to-Equity?

Centrotherm international AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.3 Mil. Centrotherm international AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.8 Mil. Centrotherm international AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €83.2 Mil. Centrotherm international AG's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

HAM:CTNK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.32 Max: 1.47
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Centrotherm international AG was 1.47. The lowest was 0.00. And the median was 0.32.

HAM:CTNK's Debt-to-Equity is ranked better than
85.94% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs HAM:CTNK: 0.03

Centrotherm international AG Debt-to-Equity Historical Data

The historical data trend for Centrotherm international 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.

Centrotherm international AG Debt-to-Equity Chart

Centrotherm international AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.42

0.55

0.40

0.03

Centrotherm international 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															0.40	0.29	0.03	0.05	0.03

Competitive Comparison of Centrotherm international AG's Debt-to-Equity

For the Semiconductors subindustry, Centrotherm international 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.

Centrotherm international AG's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Centrotherm international AG's Debt-to-Equity distribution charts can be found below:

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

Centrotherm international AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Centrotherm international 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
	=	(0.318	+	1.782)	/	83.196
	=	0.03

Centrotherm international 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
	=	(0.318	+	1.782)	/	83.196
	=	0.03

Centrotherm international AG (HAM:CTNK) 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.

Centrotherm international AG Debt-to-Equity Related Terms

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Centrotherm international AG (HAM:CTNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Centrotherm international AG (HAM:CTNK) » Definitions » Debt-to-Equity

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CTNK:Germany

Address

Wurttemberger Strasse 31, Blaubeuren, DEU, 89143

Website

http://www.centrotherm.de

Centrotherm international AG provides manufacturing solutions for the photovoltaic, semiconductor and microelectronics industry. The company operates in three segments: Silicon and Wafer, Solar Cell and Module (including Semiconductors and Microelectronics) and Thin Film Module. Silicon and Wafer segment offers planning, technology and engineering services for the design and process optimization of polysilicon, ingot and wafer manufacturing. Solar Cell and Module segment is engaged in the development and sales of production lines for the manufacture of crystalline solar cells, including engineering and technological process services. The Thin Film Module, the company provides development and sales of production lines for CIGS (Copper Indium Gallium Diselenide) thin film modules.

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