MBGAF (Mercedes-Benz Group AG) Debt-to-Equity : 1.01 (As of Sep. 2024)

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What is Mercedes-Benz Group AG Debt-to-Equity?

Mercedes-Benz Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $32,804 Mil. Mercedes-Benz Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $68,321 Mil. Mercedes-Benz Group AG's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $99,817 Mil. Mercedes-Benz Group AG's debt to equity for the quarter that ended in Sep. 2024 was 1.01.

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

MBGAF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.91 Med: 1.62 Max: 2.21
Current: 1.01

During the past 13 years, the highest Debt-to-Equity Ratio of Mercedes-Benz Group AG was 2.21. The lowest was 0.91. And the median was 1.62.

MBGAF's Debt-to-Equity is ranked worse than
74.92% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs MBGAF: 1.01

Mercedes-Benz Group AG Debt-to-Equity Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Debt-to-Equity Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.20

1.89

1.30

0.99

0.95

Mercedes-Benz Group AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.94	0.95	0.91	1.00	1.01

Competitive Comparison of Mercedes-Benz Group AG's Debt-to-Equity

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.

Mercedes-Benz Group AG's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Debt-to-Equity distribution charts can be found below:

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

Mercedes-Benz Group AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mercedes-Benz Group 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
	=	(35023.991	+	60079.607)	/	100079.607
	=	0.95

Mercedes-Benz Group AG's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(32803.552	+	68320.755)	/	99816.87
	=	1.01

Mercedes-Benz Group AG (OTCPK:MBGAF) 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.

Mercedes-Benz Group AG Debt-to-Equity Related Terms

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Mercedes-Benz Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (OTCPK:MBGAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MBGYY:USA DAI:Romania MBG:Poland MBG:Mexico 1MBG:Italy MERCEDESBENZ:Hungary MBGd:UK 0NXX:UK MBG:Germany MBG:Bulgaria MBG:Austria

Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://www.daimler.com

Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.

Executives