bet-at-home.com AG (WBO:BAH) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is bet-at-home.com AG Debt-to-Equity?

bet-at-home.com AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.32 Mil. bet-at-home.com AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.41 Mil. bet-at-home.com AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €27.44 Mil. bet-at-home.com AG's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 bet-at-home.com AG's Debt-to-Equity or its related term are showing as below:

WBO:BAH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 0.1
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of bet-at-home.com AG was 0.10. The lowest was 0.05. And the median was 0.07.

WBO:BAH's Debt-to-Equity is ranked better than
86.69% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs WBO:BAH: 0.06

bet-at-home.com AG Debt-to-Equity Historical Data

The historical data trend for bet-at-home.com 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.

bet-at-home.com AG Debt-to-Equity Chart

bet-at-home.com AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.05

0.10

0.07

0.06

bet-at-home.com AG 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															0.10	0.03	0.07	0.06	0.06

Competitive Comparison of bet-at-home.com AG's Debt-to-Equity

For the Gambling subindustry, bet-at-home.com 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.

bet-at-home.com AG's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, bet-at-home.com AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where bet-at-home.com AG's Debt-to-Equity falls into.

bet-at-home.com AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

bet-at-home.com 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
	=	(0.322	+	1.409)	/	27.444
	=	0.06

bet-at-home.com AG'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
	=	(0.322	+	1.409)	/	27.444
	=	0.06

bet-at-home.com AG (WBO:BAH) 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.

bet-at-home.com AG Debt-to-Equity Related Terms

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bet-at-home.com AG (WBO:BAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » bet-at-home.com AG (WBO:BAH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RIP:UK ACX:Germany

Address

Tersteegenstrasse 30, Dusseldorf, NW, DEU, 40474

Website

https://www.bet-at-home.com

bet-at-home.com AG operates a domain of approximately 5 million registered users for sports betting and online gaming. The company operates its business in two segments; Online Sports Betting and Online Gaming. It also offers online poker, casino, games and virtual sports across Germany, Austria, Malta, and Gibraltar. bet-at-home generates revenues through the bets placed on its domain and online gaming.