Matthias Hohner AG (STU:HOH) Debt-to-Equity : 0.31 (As of Sep. 2013)

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What is Matthias Hohner AG Debt-to-Equity?

Matthias Hohner AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was €5.74 Mil. Matthias Hohner AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was €3.21 Mil. Matthias Hohner AG's Total Stockholders Equity for the quarter that ended in Sep. 2013 was €29.14 Mil. Matthias Hohner AG's debt to equity for the quarter that ended in Sep. 2013 was 0.31.

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

STU:HOH's Debt-to-Equity is not ranked ^*
in the industry.
Industry Median:
* Ranked among companies with meaningful Debt-to-Equity only.

Matthias Hohner AG Debt-to-Equity Historical Data

The historical data trend for Matthias Hohner 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.

Matthias Hohner AG Debt-to-Equity Chart

Matthias Hohner AG Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Debt-to-Equity

0.40

0.33

0.17

0.18

Matthias Hohner AG Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13
Debt-to-Equity	Get a 7-Day Free Trial			0.43	0.17	0.34	0.18	0.31

Competitive Comparison of Matthias Hohner AG's Debt-to-Equity

For the subindustry, Matthias Hohner 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.

Matthias Hohner AG's Debt-to-Equity Distribution in the Industry

For the industry and sector, Matthias Hohner AG's Debt-to-Equity distribution charts can be found below:

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

Matthias Hohner AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Matthias Hohner AG's Debt to Equity Ratio for the fiscal year that ended in Mar. 2013 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
	=	(3.829	+	1.288)	/	27.872
	=	0.18

Matthias Hohner AG's Debt to Equity Ratio for the quarter that ended in Sep. 2013 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
	=	(5.735	+	3.212)	/	29.136
	=	0.31

Matthias Hohner AG (STU:HOH) 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.

Matthias Hohner AG Debt-to-Equity Related Terms

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Matthias Hohner AG (STU:HOH) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.hohner.de

Matthias Hohner AG is engaged in the production, development and distribution of musical instruments. Its range of products includes harmonicas, recorders, accordions, guitars, grand pianos, digital pianos, amplifiers, melodicas and various accessories.

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