Delignit AG (XTER:DLX) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Delignit AG Debt-to-Equity?

Delignit AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.32 Mil. Delignit AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.12 Mil. Delignit AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €36.86 Mil. Delignit AG's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

XTER:DLX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.39 Max: 0.57
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Delignit AG was 0.57. The lowest was 0.12. And the median was 0.39.

XTER:DLX's Debt-to-Equity is ranked better than
80% of 265 companies
in the Forest Products industry
Industry Median: 0.48 vs XTER:DLX: 0.12

Delignit AG Debt-to-Equity Historical Data

The historical data trend for Delignit 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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Delignit AG Debt-to-Equity Chart

Delignit AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.57

0.40

0.28

0.25

0.12

Delignit 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															0.28	-	0.25	-	0.12

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

For the Lumber & Wood Production subindustry, Delignit 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.

Delignit AG's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Delignit AG's Debt-to-Equity distribution charts can be found below:

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

Delignit AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Delignit 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
	=	(1.321	+	3.122)	/	36.861
	=	0.12

Delignit 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
	=	(1.321	+	3.122)	/	36.861
	=	0.12

Delignit AG (XTER:DLX) 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.

Delignit AG Debt-to-Equity Related Terms

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Delignit AG (XTER:DLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Delignit AG (XTER:DLX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DLX:Germany DLX:Germany DLX:Germany

Address

Konigswinkel 2-6, Blomberg, NW, DEU, 32825

Website

http://www.delignit.com

Delignit AG develops, manufactures, and sells ecological, usually hardwood-based, materials and system solutions based on the natural, renewable, and CO2-neutral raw material and wood. The company's operating divisions are the Automotive target market, which is divided into the product groups of light commercial vehicles (LCV), motor caravans, and passenger cars; and the Technological Applications target market, which is divided into the product groups Building Equipment, Compressed Wood, Railfloor and Special Applications. Some of its brands are Delignit, VANYCARE, Festholz, Panzerholz, and carbonwood. Its geographical segments are Germany, European Union, and Others.

Executives