Rieter Holding AG (LTS:0QKA) Debt-to-Equity : 0.87 (As of Dec. 2023)

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What is Rieter Holding AG Debt-to-Equity?

Rieter Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF198 Mil. Rieter Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF129 Mil. Rieter Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF377 Mil. Rieter Holding AG's debt to equity for the quarter that ended in Dec. 2023 was 0.87.

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

LTS:0QKA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.45 Max: 1.28
Current: 0.87

During the past 13 years, the highest Debt-to-Equity Ratio of Rieter Holding AG was 1.28. The lowest was 0.24. And the median was 0.45.

LTS:0QKA's Debt-to-Equity is ranked worse than
83.6% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs LTS:0QKA: 0.87

Rieter Holding AG Debt-to-Equity Historical Data

The historical data trend for Rieter Holding 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.

Rieter Holding AG Debt-to-Equity Chart

Rieter Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.69

1.04

1.28

0.87

Rieter Holding 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															1.04	1.31	1.28	1.29	0.87

Competitive Comparison of Rieter Holding AG's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Rieter Holding 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.

Rieter Holding AG's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rieter Holding AG's Debt-to-Equity distribution charts can be found below:

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

Rieter Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rieter Holding 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
	=	(198.1	+	129)	/	376.6
	=	0.87

Rieter Holding 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
	=	(198.1	+	129)	/	376.6
	=	0.87

Rieter Holding AG (LTS:0QKA) 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.

Rieter Holding AG Debt-to-Equity Related Terms

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Rieter Holding AG (LTS:0QKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rieter Holding AG (LTS:0QKA) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

RIENz:UK RIEN:Switzerland

Address

Klosterstrasse 32, Winterthur, CHE, 8406

Website

https://www.rieter.com

Rieter Holding AG is an industrial machinery manufacturer based in Switzerland. It develops machinery, systems, and components used to convert natural and man-made fibres and their blends into yarns. The company's operating segment includes Machines and Systems, Components and After Sales. It generates maximum revenue from the Machines and Systems segment.

Rieter Holding AG (LTS:0QKA) Headlines

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