Axel Springer SE (LTS:0NV2) Debt-to-Equity : 1.05 (As of Dec. 2019)

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What is Axel Springer SE Debt-to-Equity?

Axel Springer SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was €136 Mil. Axel Springer SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was €2,103 Mil. Axel Springer SE's Total Stockholders Equity for the quarter that ended in Dec. 2019 was €2,128 Mil. Axel Springer SE's debt to equity for the quarter that ended in Dec. 2019 was 1.05.

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

LTS:0NV2's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Axel Springer SE Debt-to-Equity Historical Data

The historical data trend for Axel Springer 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.

Axel Springer SE Debt-to-Equity Chart

Axel Springer SE Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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0.61

0.57

0.54

0.63

1.05

Axel Springer SE Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.63	0.61	0.70	1.05

Competitive Comparison of Axel Springer SE's Debt-to-Equity

For the Publishing subindustry, Axel Springer 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.

Axel Springer SE's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Axel Springer SE's Debt-to-Equity distribution charts can be found below:

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

Axel Springer SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Axel Springer SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(136.2	+	2102.9)	/	2127.6
	=	1.05

Axel Springer SE's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
	=	(136.2	+	2102.9)	/	2127.6
	=	1.05

Axel Springer SE (LTS:0NV2) 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.

Axel Springer SE Debt-to-Equity Related Terms

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

Axel Springer SE (LTS:0NV2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Axel Springer SE (LTS:0NV2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Axel-Springer-Strasse 65, Berlin, DEU, 10888

Website

https://www.axelspringer.com

Axel Springer SE is a German digital publishing company that operates various newspapers, tabloid magazines, and lifestyle magazines. The company has organized itself into four business segments: Classifieds Media, News Media, Marketing Media, and Services/Holding. The company's digital media offerings generate revenue through paid subscriptions, followed by advertising revenue from companies placing content in its print and digital offerings. The company generates most of its revenue from the News Media and Classified Media segments, and roughly half of the company's revenue is earned in Germany.

Axel Springer SE (LTS:0NV2) Headlines

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