Vetropack Holding AG (XSWX:VETN) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is Vetropack Holding AG Debt-to-Equity?

Vetropack Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF3.3 Mil. Vetropack Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF252.4 Mil. Vetropack Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF750.7 Mil. Vetropack Holding AG's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

XSWX:VETN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.34
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Vetropack Holding AG was 0.34. The lowest was 0.03. And the median was 0.09.

XSWX:VETN's Debt-to-Equity is ranked better than
59.36% of 342 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs XSWX:VETN: 0.34

Vetropack Holding AG Debt-to-Equity Historical Data

The historical data trend for Vetropack Holding 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.

Vetropack Holding AG Debt-to-Equity Chart

Vetropack Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.06

0.05

0.24

0.34

Vetropack Holding 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															0.05	0.26	0.24	0.29	0.34

Competitive Comparison of Vetropack Holding AG's Debt-to-Equity

For the Packaging & Containers subindustry, Vetropack Holding 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.

Vetropack Holding AG's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vetropack Holding AG's Debt-to-Equity distribution charts can be found below:

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

Vetropack Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vetropack Holding 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
	=	(3.3	+	252.4)	/	750.7
	=	0.34

Vetropack Holding 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
	=	(3.3	+	252.4)	/	750.7
	=	0.34

Vetropack Holding AG (XSWX:VETN) 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.

Vetropack Holding AG Debt-to-Equity Related Terms

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Vetropack Holding AG (XSWX:VETN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Vetropack Holding AG (XSWX:VETN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VETNz:UK

Address

Schutzenmattstrasse 48, Bulach, CHE, 8180

Website

https://www.vetropack.com

Vetropack Holding AG is a glass packaging manufacturer serving the food and beverage industry. The company offers services including package design, production and just-in-time delivery to consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement, and labelling. It has its production and distribution facilities in Switzerland, Austria, the Czech Republic, Slovakia, Croatia, Ukraine, and Italy. The segment reporting used at the top management level for corporate management has just one segment (Glass packaging). The secondary segment Speciality glass comprises only trade revenue in Switzerland.

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