MAHLE-Metal Leve (BSP:LEVE3) Debt-to-Equity : 0.98 (As of Dec. 2023)

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What is MAHLE-Metal Leve Debt-to-Equity?

MAHLE-Metal Leve's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$328 Mil. MAHLE-Metal Leve's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$566 Mil. MAHLE-Metal Leve's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$910 Mil. MAHLE-Metal Leve's debt to equity for the quarter that ended in Dec. 2023 was 0.98.

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 MAHLE-Metal Leve's Debt-to-Equity or its related term are showing as below:

BSP:LEVE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.35 Max: 0.98
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of MAHLE-Metal Leve was 0.98. The lowest was 0.13. And the median was 0.35.

BSP:LEVE3's Debt-to-Equity is ranked worse than
72.79% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs BSP:LEVE3: 0.98

MAHLE-Metal Leve Debt-to-Equity Historical Data

The historical data trend for MAHLE-Metal Leve'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.

MAHLE-Metal Leve Debt-to-Equity Chart

MAHLE-Metal Leve Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.42

0.16

0.29

0.98

MAHLE-Metal Leve 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															0.29	0.27	0.35	0.31	0.98

Competitive Comparison of MAHLE-Metal Leve's Debt-to-Equity

For the Auto Parts subindustry, MAHLE-Metal Leve'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.

MAHLE-Metal Leve's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MAHLE-Metal Leve's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MAHLE-Metal Leve's Debt-to-Equity falls into.

MAHLE-Metal Leve Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MAHLE-Metal Leve'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
	=	(328.219	+	565.779)	/	910.379
	=	0.98

MAHLE-Metal Leve'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
	=	(328.219	+	565.779)	/	910.379
	=	0.98

MAHLE-Metal Leve (BSP:LEVE3) 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.

MAHLE-Metal Leve Debt-to-Equity Related Terms

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MAHLE-Metal Leve (BSP:LEVE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MAHLE-Metal Leve SA (BSP:LEVE3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ernst Mahle Avenue, number 2000, Mogi Guaçu, SP, BRA, 13846-146

Website

https://www.mahle.com

MAHLE-Metal Leve SA is a Brazilian manufacturer of engine components for internal combustion engines and automotive filters. The company produces pistons and kits, rings, bearings, valves, valve trains, liners, and other engine components, which contribute the majority of revenue. Overall, Mahle Metal Leve sells roughly half of its product on domestic original equipment and aftermarket markets. The largest export markets are Europe and North America. Mahle Metal Leve is part of the German auto parts group Mahle.

MAHLE-Metal Leve (BSP:LEVE3) Headlines

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