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Flatex AG (XTER:FTK) Debt-to-Equity : 0.17 (As of Dec. 2023)


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What is Flatex AG Debt-to-Equity?

Flatex AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €67.3 Mil. Flatex AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €45.5 Mil. Flatex AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €673.6 Mil. Flatex AG's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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

XTER:FTK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.4   Max: 0.97
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Flatex AG was 0.97. The lowest was 0.01. And the median was 0.40.

XTER:FTK's Debt-to-Equity is ranked better than
62.36% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs XTER:FTK: 0.17

Flatex AG Debt-to-Equity Historical Data

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

Flatex 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 0.49 0.28 0.36 0.21 0.17

Flatex 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 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 0.36 0.20 0.21 0.19 0.17

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

For the Capital Markets subindustry, Flatex 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.


Flatex AG's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Flatex AG's Debt-to-Equity distribution charts can be found below:

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



Flatex AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Flatex 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.


Flatex AG  (XTER:FTK) 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.


Flatex AG Debt-to-Equity Related Terms

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


Flatex AG (XTER:FTK) Business Description

Traded in Other Exchanges
Address
Omniturm, Grosse Gallusstrasse 16-18, Frankfurt, HE, DEU, 60312
Flatex AG is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than 1 million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are Financial Services and Technologies.
Executives
Steffen Jentsch Chief Process Officer
Frank Niehage CEO
Dr. Matthias Heinrich Chief Risk Officer
Muhamad Said Chahrour CFO
Martin Korbmacher Chairman of the Supervisory Board