Netfonds AG (XTER:NF4) Debt-to-Equity : 0.50 (As of Dec. 2023)

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What is Netfonds AG Debt-to-Equity?

Netfonds AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Netfonds AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10.4 Mil. Netfonds AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €20.7 Mil. Netfonds AG's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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

XTER:NF4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.5 Max: 1.87
Current: 0.5

During the past 8 years, the highest Debt-to-Equity Ratio of Netfonds AG was 1.87. The lowest was 0.32. And the median was 0.50.

XTER:NF4's Debt-to-Equity is ranked worse than
79.02% of 286 companies
in the Diversified Financial Services industry
Industry Median: 0.14 vs XTER:NF4: 0.50

Netfonds AG Debt-to-Equity Historical Data

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

Netfonds AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.87

1.85

0.32

0.41

0.50

Netfonds AG Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			1.87	1.85	0.32	0.41	0.50

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

For the Financial Conglomerates subindustry, Netfonds 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.

Netfonds AG's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Netfonds AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Netfonds 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
	=	(0	+	10.397)	/	20.66
	=	0.50

Netfonds 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
	=	(0	+	10.397)	/	20.66
	=	0.50

Netfonds AG (XTER:NF4) 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.

Netfonds AG Debt-to-Equity Related Terms

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Netfonds AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfonds AG (XTER:NF4) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NF4:Germany NF4:Germany

Address

Heidenkampsweg 73, Hamburg, NW, DEU, 20097

Website

https://www.netfonds.de

Netfonds AG is a service provider in the areas of finance and insurance. The company offers investment and financial advice to agents, banks, and financial distributors. Netfonds is a well-established concept for independent consultants and insurance brokers. As a broker pool, liability umbrella, multiple agents, asset manager, fund manager, and product provider, Netfonds offers a broad range of services so that advice can become a real added value for the customer. The range of services includes legal and regulatory services in the investment fund, insurance, pension, and financing product categories.

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