EUROKAI GmbH KGaA (FRA:EUK3) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is EUROKAI GmbH KGaA Debt-to-Equity?

EUROKAI GmbH KGaA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.7 Mil. EUROKAI GmbH KGaA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8.9 Mil. EUROKAI GmbH KGaA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €489.8 Mil. EUROKAI GmbH KGaA's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

FRA:EUK3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.28 Max: 0.63
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of EUROKAI GmbH KGaA was 0.63. The lowest was 0.03. And the median was 0.28.

FRA:EUK3's Debt-to-Equity is ranked better than
97.16% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs FRA:EUK3: 0.03

EUROKAI GmbH KGaA Debt-to-Equity Historical Data

The historical data trend for EUROKAI GmbH 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.

EUROKAI GmbH KGaA Debt-to-Equity Chart

EUROKAI GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.63

0.04

0.03

EUROKAI GmbH KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.63	-	0.04	-	0.03

Competitive Comparison of EUROKAI GmbH KGaA's Debt-to-Equity

For the Marine Shipping subindustry, EUROKAI GmbH 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.

EUROKAI GmbH KGaA's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, EUROKAI GmbH KGaA's Debt-to-Equity distribution charts can be found below:

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

EUROKAI GmbH KGaA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EUROKAI GmbH 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
	=	(3.651	+	8.874)	/	489.752
	=	0.03

EUROKAI GmbH KGaA'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
	=	(3.651	+	8.874)	/	489.752
	=	0.03

EUROKAI GmbH KGaA (FRA:EUK3) 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.

EUROKAI GmbH KGaA Debt-to-Equity Related Terms

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EUROKAI GmbH KGaA (FRA:EUK3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EUROKAI GmbH & Co KGaA (FRA:EUK3) » Definitions » Debt-to-Equity

Traded in Other Exchanges

EUK3:Germany EUK3:Germany EUK2:Germany

Address

Kurt-Eckelmann-Strasse 1, Hamburg, DEU, 21129

Website

https://www.eurokai.de

EUROKAI GmbH & Co KGaA is a container handling company, which focuses on the European market. It offers container handling services, such as loading and discharging of container vessels, ship clearance, safety, and customer services; container-depot and repair services, including containers management and handling, intermediate storage, repair, servicing, box cleaning, and 24-hour refrigeration, as well as buys and sells new and used containers. The company operates in three segments: Eurokai, Contship, and Eurogate. It operates container terminals at the seaports of La Spezia, Ravenna and Salerno in Italy; Bremerhaven and Wilhelmshaven in Germany; Tangier in Morocco; Limassol in Cyprus; Lisbon in Portugal; and Ust-Luga in Russia.

Executives

Christian Kleinfeldt

Supervisory Board

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