QCLSF (Global PVQ SE) Debt-to-Equity: 21.54 (As of Dec. 2011)

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What is Global PVQ SE Debt-to-Equity?

Global PVQ SE QCLSF Debt-to-Equity is 21.54 as of Dec. 2011.

Global PVQ SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $270 Mil. Global PVQ SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $699 Mil. Global PVQ SE's Total Stockholders Equity for the quarter that ended in Dec. 2011 was $45 Mil. Global PVQ SE's debt to equity for the quarter that ended in Dec. 2011 was 21.54.

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

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

Global PVQ SE  (OTCPK:QCLSF) 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.

Global PVQ SE Debt-to-Equity Related Terms

Global PVQ SE Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Global PVQ 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.

Global PVQ SE Debt-to-Equity Chart

Global PVQ SE Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.23 1.23 0.91 21.54

Global PVQ SE Quarterly Data
Dec04 Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 0.91 0.97 1.52 1.75 21.54

QCLSF vs BSRC, YGEHY: Debt-to-Equity Comparison

For the Solar subindustry, Global PVQ 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.

Global PVQ SE Debt-to-Equity vs Semiconductors Industry

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

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


Global PVQ SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global PVQ SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 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
=(270.132 + 699.211) / 45
=21.54

Global PVQ SE's Debt to Equity Ratio for the quarter that ended in Dec. 2011 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
=(270.132 + 699.211) / 45
=21.54

* 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 21.54 mean?
Global PVQ SE (QCLSF) has a Debt-to-Equity of 21.54 as of Dec. 2011. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Global PVQ SE and its competitors.
Is Global PVQ SE's Debt-to-Equity too high?
Global PVQ SE's current Debt-to-Equity is 21.54. The Semiconductors industry median Debt-to-Equity is 0.26. Global PVQ SE's value of 21.54 is 8184.6% above this industry median.
How does Global PVQ SE's Debt-to-Equity compare to BSRC and YGEHY?
Global PVQ SE's Debt-to-Equity of 21.54 can be compared against companies in the Semiconductors industry. The industry median Debt-to-Equity is 0.26. Global PVQ SE's value of 21.54 is 8184.6% 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. Global PVQ SE's current Debt-to-Equity of 21.54 is 8184.6% 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 Global PVQ SE 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. Global PVQ SE's current Debt-to-Equity is 21.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global PVQ SE stock overvalued right now?
Global PVQ SE (QCLSF) has a current Debt-to-Equity of 21.54. The current Debt-to-Equity is 21.54 and 8184.6% 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 Global PVQ SE (QCLSF), the current Debt-to-Equity is 21.54 as of Dec. 2011. 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.

Global PVQ SE Business Description

Address OT Thalheim, Sonnenallee 17-21, Bitterfeld-Wolfen, DEU, 06766
Global PVQ SE is engaged in the production of renewable energies and photovoltaic devices. The business activities of the group are under Products and Systems segments. The Products segment comprises the production and sale of solar cells from monocrystalline and polycrystalline silicon, and production and sale of corresponding modules. The Systems segment comprises the development and installation of photovoltaic systems, including both large-scale systems as well as medium-sized industrial and commercial systems. Geographically, the activities are functioned through the region of Germany.