GIMV NV (XBRU:GIMB) Debt-to-Equity : 0.25 (As of Sep. 2023)

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What is GIMV NV Debt-to-Equity?

GIMV NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.0 Mil. GIMV NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €352.6 Mil. GIMV NV's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €1,431.3 Mil. GIMV NV's debt to equity for the quarter that ended in Sep. 2023 was 0.25.

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

XBRU:GIMB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.25 Max: 0.28
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of GIMV NV was 0.28. The lowest was 0.19. And the median was 0.25.

XBRU:GIMB's Debt-to-Equity is ranked worse than
54.38% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs XBRU:GIMB: 0.25

GIMV NV Debt-to-Equity Historical Data

The historical data trend for GIMV 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.

GIMV NV Debt-to-Equity Chart

GIMV NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.23

0.28

0.25

0.27

GIMV NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.25	0.27	0.27	0.25

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

For the Asset Management subindustry, GIMV 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.

GIMV NV's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GIMV NV's Debt-to-Equity distribution charts can be found below:

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

GIMV NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GIMV NV's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	352.71)	/	1312.409
	=	0.27

GIMV NV's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	352.635)	/	1431.302
	=	0.25

GIMV NV (XBRU:GIMB) 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.

GIMV NV Debt-to-Equity Related Terms

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GIMV NV (XBRU:GIMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GIMV NV (XBRU:GIMB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0EKR:UK GI3:Germany

Address

Karel Oomsstraat 37, Antwerp, BEL, 2018

Website

https://www.gimv.com

GIMV NV is a Belgium-based company active in investing in companies having growth potential, with the objective of supporting its growth into market leaders. The company invests with a focus on four platforms which are also its segments: Consumer, Health and Care, Smart Industries, and Sustainable Cities. Its geographical segments include Belgium, Netherlands, Germany, France, the United States, and the Rest of Europe and Other countries.

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