D'Ieteren Group (D'Ieteren Group) Debt-to-Equity : 0.47 (As of Dec. 2023)

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What is D'Ieteren Group Debt-to-Equity?

D'Ieteren Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $383 Mil. D'Ieteren Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,390 Mil. D'Ieteren Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,770 Mil. D'Ieteren Group's debt to equity for the quarter that ended in Dec. 2023 was 0.47.

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 D'Ieteren Group's Debt-to-Equity or its related term are showing as below:

SIETY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.27 Max: 0.67
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of D'Ieteren Group was 0.67. The lowest was 0.04. And the median was 0.27.

SIETY's Debt-to-Equity is ranked better than
50.38% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs SIETY: 0.47

D'Ieteren Group Debt-to-Equity Historical Data

The historical data trend for D'Ieteren Group'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.

D'Ieteren Group Debt-to-Equity Chart

D'Ieteren Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.04

0.07

0.51

0.47

D'Ieteren Group 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															0.07	0.07	0.51	0.51	0.47

Competitive Comparison of D'Ieteren Group's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, D'Ieteren Group'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.

D'Ieteren Group's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where D'Ieteren Group's Debt-to-Equity falls into.

D'Ieteren Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

D'Ieteren Group'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
	=	(383.424	+	1390.185)	/	3769.793
	=	0.47

D'Ieteren Group'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
	=	(383.424	+	1390.185)	/	3769.793
	=	0.47

D'Ieteren Group (OTCPK:SIETY) 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.

D'Ieteren Group Debt-to-Equity Related Terms

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D'Ieteren Group (D'Ieteren Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » D'Ieteren Group (OTCPK:SIETY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SIEVF:USA DIEb:UK 0ON7:UK DJD:Germany DIE:Belgium

Address

Rue du Mail, 50, Brussels, BEL, B-1050

Website

https://www.dieterengroup.com

D'Ieteren Group imports and distributes vehicles belonging to the Volkswagen brand pool (D'Ieteren Auto) and provides car glass repair and replacement solutions (Belron). D'Ieteren Auto also sells used vehicles, provides spare parts and accessories, offers car financing and long-term rental services, and distributes motorcycle and scooter products. D'Ieteren Auto's operations are focused in Belgium. Belron provides car glass repair solutions under different brands, including Carglass, Safelite AutoGlass, and Autoglass in Europe. Customers of The D'Ieteren group generate approximately half its revenue from D'Ieteren Auto and the other half from Belron.