KATEK SE (XTER:KTEK) Debt-to-Equity : 0.88 (As of Dec. 2023)

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What is KATEK SE Debt-to-Equity?

KATEK SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €33.6 Mil. KATEK SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €109.2 Mil. KATEK SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €161.4 Mil. KATEK SE's debt to equity for the quarter that ended in Dec. 2023 was 0.88.

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 KATEK SE's Debt-to-Equity or its related term are showing as below:

XTER:KTEK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66 Med: 0.78 Max: 1.79
Current: 0.88

During the past 4 years, the highest Debt-to-Equity Ratio of KATEK SE was 1.79. The lowest was 0.66. And the median was 0.78.

XTER:KTEK's Debt-to-Equity is ranked worse than
84.06% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs XTER:KTEK: 0.88

KATEK SE Debt-to-Equity Historical Data

The historical data trend for KATEK SE'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.

KATEK SE Debt-to-Equity Chart

KATEK SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.79

0.66

0.68

0.88

KATEK SE Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.68	0.58	0.59	0.57	0.88

Competitive Comparison of KATEK SE's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, KATEK SE'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.

KATEK SE's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KATEK SE's Debt-to-Equity distribution charts can be found below:

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

KATEK SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KATEK SE'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
	=	(33.593	+	109.18)	/	161.431
	=	0.88

KATEK SE'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
	=	(33.593	+	109.18)	/	161.431
	=	0.88

KATEK SE (XTER:KTEK) 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.

KATEK SE Debt-to-Equity Related Terms

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KATEK SE (XTER:KTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KATEK SE (XTER:KTEK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KTEK:Germany KTEK:Germany

Address

Promenadeplatz 12, Munchen, BY, DEU, 80333

Website

https://www.katek-group.de

KATEK SE is a German electronics service provider. The key revenue streams are automotive, communication, consumer, industry, energy/solar, and medical technology. It has two segments, The Electronics segment comprises the activities of the Group in the development of hardware and software, prototyping, and the manufacture of high-quality electronics for industrial customers. The Systems & Products segment comprises the same value-added activities, but, in contrast to the Electronics segment, it possesses a number of additional features that together create particular value added (high-value electronics). The majority is from the Electronics segment. Geographically, the majority of revenue is from Germany.

Executives

Rainer Koppitz

Board of Directors

KATEK SE (XTER:KTEK) Headlines

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