SolarWorld AG (HAM:SWVK) Debt-to-Equity: 3.21 (As of Dec. 2016)

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What is SolarWorld AG Debt-to-Equity?

SolarWorld AG HAM:SWVK +1.69% Debt-to-Equity is 3.21 as of Dec. 2016.

SolarWorld AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was €68.5 Mil. SolarWorld AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was €322.0 Mil. SolarWorld AG's Total Stockholders Equity for the quarter that ended in Dec. 2016 was €121.8 Mil. SolarWorld AG's debt to equity for the quarter that ended in Dec. 2016 was 3.21.

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

HAM:SWVK's Debt-to-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 0.26
* Ranked among companies with meaningful Debt-to-Equity only.

SolarWorld AG  (HAM:SWVK) 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.

SolarWorld AG Debt-to-Equity Related Terms

SolarWorld AG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SolarWorld 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.

SolarWorld AG Debt-to-Equity Chart

SolarWorld AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -88.07 -4.21 1.89 1.94 3.21

SolarWorld AG Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.94 2.15 2.07 2.73 3.21

HAM:SWVK vs SUNW, RGSE: Debt-to-Equity Comparison

For the Solar subindustry, SolarWorld 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.

SolarWorld AG Debt-to-Equity vs Semiconductors Industry

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

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


SolarWorld AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SolarWorld AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
=(68.501 + 321.974) / 121.808
=3.21

SolarWorld AG's Debt to Equity Ratio for the quarter that ended in Dec. 2016 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
=(68.501 + 321.974) / 121.808
=3.21

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 3.21 mean?
SolarWorld AG (HAM:SWVK) has a Debt-to-Equity of 3.21 as of Dec. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SolarWorld AG and its competitors.
Is SolarWorld AG's Debt-to-Equity too high?
SolarWorld AG's current Debt-to-Equity is 3.21. The Semiconductors industry median Debt-to-Equity is 0.26. SolarWorld AG's value of 3.21 is 1134.6% above this industry median.
How does SolarWorld AG's Debt-to-Equity compare to SUNW and RGSE?
SolarWorld AG's Debt-to-Equity of 3.21 can be compared against companies in the Semiconductors industry. The industry median Debt-to-Equity is 0.26. SolarWorld AG's value of 3.21 is 1134.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 903 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SolarWorld AG's current Debt-to-Equity of 3.21 is 1134.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SolarWorld AG and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolarWorld AG's current Debt-to-Equity is 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarWorld AG stock overvalued right now?
SolarWorld AG (HAM:SWVK) has a current Debt-to-Equity of 3.21. The current Debt-to-Equity is 3.21 and 1134.6% above the Semiconductors industry median of 0.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For SolarWorld AG (HAM:SWVK), the current Debt-to-Equity is 3.21 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SolarWorld AG Business Description

Address Martin-Luther-King-Street 24, Bonn, DEU, 53175
SolarWorld AG is a manufacturer of solar power products. It also researches, develops, produces and recycles on all levels of the solar value-added chain. It also focuses on the production and international distribution of high-end solar energy facilities. The business operates through segments that include Production Germany, Production United States, Trade, and Others. The Trade segment generates maximum revenue for the company. Its product line consists of module and assembly kit, cells and wafers, power generation, and other revenue. The sales of module and assembly kit generate maximum revenue for the company.