Acino Holding AG (LTS:0QM8) Debt-to-Equity: 0.40 (As of Dec. 2013)

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What is Acino Holding AG Debt-to-Equity?

Acino Holding AG LTS:0QM8 Debt-to-Equity is 0.40 as of Dec. 2013.

Acino Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was CHF15.06 Mil. Acino Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was CHF117.35 Mil. Acino Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2013 was CHF334.16 Mil. Acino Holding AG's debt to equity for the quarter that ended in Dec. 2013 was 0.40.

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

LTS:0QM8's Debt-to-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Acino Holding AG  (LTS:0QM8) 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.


Acino Holding AG Debt-to-Equity Related Terms


Acino Holding AG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Acino 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.

Acino Holding AG Debt-to-Equity Chart

Acino Holding AG Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.42 0.40

Acino Holding AG Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.42 0.40

Acino Holding AG Debt-to-Equity Competitor Comparison

For the Drug Manufacturers - General subindustry, Acino 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.


Acino Holding AG Debt-to-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Acino Holding AG's Debt-to-Equity distribution charts can be found below:

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



Acino Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acino Holding AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Acino Holding AG's Debt to Equity Ratio for the quarter that ended in Dec. 2013 is calculated as

* 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 0.40 mean?
Acino Holding AG (LTS:0QM8) has a Debt-to-Equity of 0.40 as of Dec. 2013. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Acino Holding AG and its competitors.
Is Acino Holding AG's Debt-to-Equity too high?
Acino Holding AG's current Debt-to-Equity is 0.40. The Drug Manufacturers industry median Debt-to-Equity is 0.28. Acino Holding AG's value of 0.40 is 42.9% above this industry median.
How does Acino Holding AG's Debt-to-Equity compare to competitors?
Acino Holding AG's Debt-to-Equity of 0.40 can be compared against companies in the Drug Manufacturers industry. The industry median Debt-to-Equity is 0.28. Acino Holding AG's value of 0.40 is 42.9% 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 Drug Manufacturers company?
The median Debt-to-Equity among Drug Manufacturers companies is 0.28, based on 814 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. Acino Holding AG's current Debt-to-Equity of 0.40 is 42.9% 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 Acino Holding AG and its competitors. For the Drug Manufacturers industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acino Holding AG's current Debt-to-Equity is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acino Holding AG stock overvalued right now?
Acino Holding AG (LTS:0QM8) has a current Debt-to-Equity of 0.40. The current Debt-to-Equity is 0.40 and 42.9% above the Drug Manufacturers industry median of 0.28. 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 Acino Holding AG (LTS:0QM8), the current Debt-to-Equity is 0.40 as of Dec. 2013. 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.

Acino Holding AG Business Description

Acino Holding AG is a Switzerland-based company engaged in the pharmaceutical industry. The Company develops, manufactures, and markets pharmaceuticals in novel drug delivery forms internationally. It is divided into four segments Business to Consumer (BtC); Business to Business (BtB); Technology marketing (TM); and Production (Prod). The BtC segment comprises all direct marketing activities. Under the company's "Acino Switzerland" brand and, with the promise of Swiss quality, the company sells its products in emerging markets around the globe. This reporting segment includes the business purchased from Mepha/Cephalon in the Middle East, Africa, Latin America and Asia. The BtB segment comprises Acino's business with its internally developed products, for which the company also owns the intellectual property rights. Acino develops and produces high-quality medicines with proven active ingredients and modern drug delivery systems and grants licenses for them to leading pharmaceutical and generic pharmaceutical companies worldwide. The technology marketing segment comprises a broad spectrum of fully integrated contract services, including procurement, contract development, production and packaging for companies in the life sciences industry. On behalf of these customers, Acino develops a comprehensive product pipeline on the basis of its special technological know-how. This includes both new types of medicines as well as projects with innovative drug delivery systems for established active ingredients. The production segment is responsible for the manufacturing of products and the supplying of the other three segments, and generates turnover through the reimbursement of its services. The manufacturing costs of products are credited to the production segment at standard prices along with remuneration in the form of a mark-up for materials and production costs.