Birkenstock Holding (STU:7PV) Debt-to-Equity : 0.59 (As of Mar. 2024)

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What is Birkenstock Holding Debt-to-Equity?

Birkenstock Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €63 Mil. Birkenstock Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,438 Mil. Birkenstock Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,554 Mil. Birkenstock Holding's debt to equity for the quarter that ended in Mar. 2024 was 0.59.

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

STU:7PV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.83 Max: 0.93
Current: 0.59

During the past 4 years, the highest Debt-to-Equity Ratio of Birkenstock Holding was 0.93. The lowest was 0.55. And the median was 0.83.

STU:7PV's Debt-to-Equity is ranked worse than
59% of 939 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs STU:7PV: 0.59

Birkenstock Holding Debt-to-Equity Historical Data

The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Debt-to-Equity Chart

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.55

0.93

0.88

0.83

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.86	0.82	0.83	0.60	0.59

Competitive Comparison of Birkenstock Holding's Debt-to-Equity

For the Footwear & Accessories subindustry, Birkenstock Holding'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.

Birkenstock Holding's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Debt-to-Equity distribution charts can be found below:

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

Birkenstock Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Birkenstock Holding's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(64.352	+	1918.743)	/	2400.588
	=	0.83

Birkenstock Holding's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(63.241	+	1437.966)	/	2554.102
	=	0.59

Birkenstock Holding (STU:7PV) 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.

Birkenstock Holding Debt-to-Equity Related Terms

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Birkenstock Holding (STU:7PV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (STU:7PV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BIRK:USA 7PV:Germany 7PV:Germany

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (STU:7PV) Headlines

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