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Turbon AG (STU:TUR) Debt-to-Equity : 0.05 (As of Jun. 2024)


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What is Turbon AG Debt-to-Equity?

Turbon AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.23 Mil. Turbon AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.71 Mil. Turbon AG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €18.88 Mil. Turbon AG's debt to equity for the quarter that ended in Jun. 2024 was 0.05.

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

STU:TUR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.57   Max: 0.91
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Turbon AG was 0.91. The lowest was 0.02. And the median was 0.57.

STU:TUR's Debt-to-Equity is ranked better than
84.27% of 2607 companies
in the Industrial Products industry
Industry Median: 0.28 vs STU:TUR: 0.05

Turbon AG Debt-to-Equity Historical Data

The historical data trend for Turbon 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.

Turbon AG Debt-to-Equity Chart

Turbon AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.89 0.67 0.20 0.16

Turbon AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only 0.12 0.20 0.07 0.16 0.05

Competitive Comparison of Turbon AG's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Turbon 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.

Turbon AG's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turbon AG's Debt-to-Equity distribution charts can be found below:

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


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Turbon AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turbon 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
=(1.236 + 1.681) / 18.325
=0.16

Turbon AG's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(0.229 + 0.707) / 18.875
=0.05

* 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.

Turbon AG  (STU:TUR) 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.

Turbon AG Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Turbon AG's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Turbon AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Turbon AG (STU:TUR) » Definitions » Debt-to-Equity
Comparable Companies
STU:SLSA HAM:P6K0 SZSE:300750 XSWX:ABBN XKRX:373220 HAM:OSR TSE:6503 BSP:WEGE3 VRT XPAR:LR SZSE:300124 BKK:DELTA SZSE:300274 HUBB MIL:PRY SZSE:300014 SHSE:603195 BOM:500093 BOM:517354 TSE:5803
Traded in Other Exchanges
TUR:Germany
Address
Zum Ludwigstal 14 - 16, Hattingen, NW, DEU
Website
https://www.turbon.de
Turbon AG is a management holding company operating through its subsidiaries, in the following segments; Turbon Consumables, Turbon Electrics, and Turbon Services. The Turbon Electrics segment, which generates key revenue, focuses on developing and manufacturing electrical and electronic assemblies, cables, cable harnesses, and reprocessing used toner cartridges. The Turbon Services segment provides printers, printer consumables, related services, and consulting on optimizing business processes with software solutions; and the Turbon Consumables segment manufactures printed and unprinted paper products like cash register rolls, POS terminal rolls, and entrance tickets. Geographically, the company generates maximum revenue from Europe, and the rest from Asia, Arab, and other regions.