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Grammer AG (WBO:GMM) Debt-to-Equity : 1.74 (As of Dec. 2023)


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What is Grammer AG Debt-to-Equity?

Grammer AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €303 Mil. Grammer AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €222 Mil. Grammer AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €303 Mil. Grammer AG's debt to equity for the quarter that ended in Dec. 2023 was 1.73.

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

WBO:GMM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72   Med: 1.48   Max: 1.79
Current: 1.74

During the past 13 years, the highest Debt-to-Equity Ratio of Grammer AG was 1.79. The lowest was 0.72. And the median was 1.48.

WBO:GMM's Debt-to-Equity is ranked worse than
89.29% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs WBO:GMM: 1.74

Grammer AG Debt-to-Equity Historical Data

The historical data trend for Grammer 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.

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Grammer AG Debt-to-Equity Chart

Grammer 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 1.49 1.47 1.55 1.79 1.74

Grammer AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.79 - 1.56 - 1.74

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

For the Auto Parts subindustry, Grammer 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.


Grammer AG's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grammer AG's Debt-to-Equity distribution charts can be found below:

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



Grammer AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grammer AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Grammer AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Grammer AG  (WBO:GMM) 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.


Grammer AG Debt-to-Equity Related Terms

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


Grammer AG (WBO:GMM) Business Description

Traded in Other Exchanges
Address
Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Grammer AG is a company that is engaged in developing and manufacturing components and systems for car interiors. It is active in producing auto parts including seats for heavy and off-road vehicles and cars. It manages its business in two segments namely Automotive and Commercial segments. The automotive division supplies interior components such as headrests. armrests and centre console and other spare parts. It also sells driver seats for offroad vehicles such as tractors, construction machinery and forklifts. The company operates its business globally. It earns the majority of its revenue from EMEA region followed by Americas and from APAC region as well.