Alfen NV (WBO:ALFE) Debt-to-Equity : 0.46 (As of Jun. 2024)

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What is Alfen NV Debt-to-Equity?

Alfen NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €33.2 Mil. Alfen NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €44.3 Mil. Alfen NV's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €168.1 Mil. Alfen NV's debt to equity for the quarter that ended in Jun. 2024 was 0.46.

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 Alfen NV's Debt-to-Equity or its related term are showing as below:

WBO:ALFE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.38 Max: 3.65
Current: 0.46

During the past 10 years, the highest Debt-to-Equity Ratio of Alfen NV was 3.65. The lowest was 0.12. And the median was 0.38.

WBO:ALFE's Debt-to-Equity is ranked worse than
63.59% of 2615 companies
in the Industrial Products industry
Industry Median: 0.29 vs WBO:ALFE: 0.46

Alfen NV Debt-to-Equity Historical Data

The historical data trend for Alfen NV'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.

Alfen NV Debt-to-Equity Chart

Alfen NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.49

0.27

0.19

0.12

0.32

Alfen NV Semi-Annual Data
	Dec15	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												0.16	0.12	0.51	0.32	0.46

Competitive Comparison of Alfen NV's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Alfen NV'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.

Alfen NV's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Alfen NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alfen NV'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
	=	(38.665	+	18.507)	/	179.613
	=	0.32

Alfen NV'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
	=	(33.248	+	44.346)	/	168.067
	=	0.46

Alfen NV (WBO:ALFE) 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.

Alfen NV Debt-to-Equity Related Terms

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

Alfen NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alfen NV (WBO:ALFE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALFEN:Netherlands ALFENa:UK 703:Germany

Address

Hefbrugweg 28, Almere, FL, NLD, 1332 AP

Website

https://www.alfen.com

Alfen NV is engaged in the business of developing, producing and selling various products, systems and services related to the electricity grid. The company's business segments are Smart Grid Solutions, Energy Storage Systems, and EV Charging Equipment. The Netherlands is company's main geographic market, followed by Belgium and Finland.

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