Mutares SE KGaA (XTER:MUX) Debt-to-Equity : 1.33 (As of Jun. 2024)

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What is Mutares SE KGaA Debt-to-Equity?

Mutares SE KGaA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €254 Mil. Mutares SE KGaA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €896 Mil. Mutares SE KGaA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €864 Mil. Mutares SE KGaA's debt to equity for the quarter that ended in Jun. 2024 was 1.33.

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

XTER:MUX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.79 Max: 1.85
Current: 1.33

During the past 13 years, the highest Debt-to-Equity Ratio of Mutares SE KGaA was 1.85. The lowest was 0.38. And the median was 0.79.

XTER:MUX's Debt-to-Equity is ranked worse than
90.63% of 982 companies
in the Asset Management industry
Industry Median: 0.2 vs XTER:MUX: 1.33

Mutares SE KGaA Debt-to-Equity Historical Data

The historical data trend for Mutares SE KGaA'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.

Mutares SE KGaA Debt-to-Equity Chart

Mutares SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.06

1.64

0.73

0.96

0.87

Mutares SE KGaA Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.38	-	0.87	-	1.33

Competitive Comparison of Mutares SE KGaA's Debt-to-Equity

For the Asset Management subindustry, Mutares SE KGaA'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.

Mutares SE KGaA's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Mutares SE KGaA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mutares SE KGaA'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
	=	(245.5	+	685.9)	/	1069.3
	=	0.87

Mutares SE KGaA's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(253.9	+	896.1)	/	864.3
	=	1.33

Mutares SE KGaA (XTER:MUX) 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.

Mutares SE KGaA Debt-to-Equity Related Terms

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

Mutares SE KGaA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mutares SE & Co KGaA (XTER:MUX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MUX:Germany MUX:Germany MUX:Germany

Address

Arnulfstrasse 19, Munich, DEU, 80335

Website

https://www.mutares.de

Mutares SE & Co KGaA is a holding company. Its primary business is to acquire small and medium-sized companies in special situations. The company's operating segment includes the Automotive & Mobility segment includes the acquired companies that are engaged in the supplying of rubber mouldings, components for commercial vehicles, and others; the Engineering and Technology segment includes acquired companies that are engaged in the supplying of coating for oil and gas pipelines, components for increasing efficiency, provider of steel structures, roof and facade systems, and others; Goods and services segment includes acquired companies that are engaged in the manufacturing of packaging solutions, iron wire, paper household products, and logistics services.

Executives

Johannes Laumann	Board of Directors
Mark Friedrich	Board of Directors
Herr Volker Rofalski	Supervisory Board
Dr. Lennart Schley	Board of Directors
Dr. Axel Müller	Supervisory Board
Robin Laik	Board of Directors
Julia Und Mark Friedrich	Board of Directors
Dr. Kristian Schleede	Supervisory Board
Prof. Dr. Micha Bloching	Supervisory Board