Rheinmetall AG (XTER:RHM) Debt-to-Equity : 0.58 (As of Dec. 2023)

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What is Rheinmetall AG Debt-to-Equity?

Rheinmetall AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €411 Mil. Rheinmetall AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,503 Mil. Rheinmetall AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3,316 Mil. Rheinmetall AG's debt to equity for the quarter that ended in Dec. 2023 was 0.58.

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

XTER:RHM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.54 Max: 0.83
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Rheinmetall AG was 0.83. The lowest was 0.35. And the median was 0.54.

XTER:RHM's Debt-to-Equity is ranked worse than
74.12% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs XTER:RHM: 0.83

Rheinmetall AG Debt-to-Equity Historical Data

The historical data trend for Rheinmetall 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.

* Premium members only.

Rheinmetall AG Debt-to-Equity Chart

Rheinmetall AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.47

0.54

0.38

0.35

0.58

Rheinmetall AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.35	0.68	-	0.83	0.58

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

For the Aerospace & Defense subindustry, Rheinmetall 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.

Rheinmetall AG's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rheinmetall AG's Debt-to-Equity distribution charts can be found below:

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

Rheinmetall AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rheinmetall 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
	=	(411	+	1503)	/	3316
	=	0.58

Rheinmetall 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
	=	(411	+	1503)	/	3316
	=	0.58

Rheinmetall AG (XTER:RHM) 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.

Rheinmetall AG Debt-to-Equity Related Terms

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

Rheinmetall AG (XTER:RHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rheinmetall AG (XTER:RHM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RNMBY:USA RNMBF:USA 1RHM:Italy RHMd:UK 0NI1:UK RHM:Germany RHMB:Germany RHMB:Germany RHM:Germany RHM:Germany RHM:Austria

Address

Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476

Website

https://www.rheinmetall.com

Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

Executives

Professor Dr. Andreas Arthur Georgi	Supervisory Board
Ulrich Grillo	Supervisory Board
Armin Theodor Papperger	Board of Directors
Dagmar Steinert	Board of Directors
Armin Papperger	Board of Directors
Helmut P. Merch	Board of Directors
Professor Dr. Susanne Hannemann	Supervisory Board
Dr. Britta Giesen	Supervisory Board
Peter Sebastian Krause	Board of Directors

Rheinmetall AG (XTER:RHM) Headlines

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