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Deutsche Effecten- und Wechsel- Beteiligungsges AG (HAM:EFF) Debt-to-Equity : 1.04 (As of Dec. 2023)


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What is Deutsche Effecten- und Wechsel- Beteiligungsges AG Debt-to-Equity?

Deutsche Effecten- und Wechsel- Beteiligungsges AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8.75 Mil. Deutsche Effecten- und Wechsel- Beteiligungsges AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €6.64 Mil. Deutsche Effecten- und Wechsel- Beteiligungsges AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €14.86 Mil. Deutsche Effecten- und Wechsel- Beteiligungsges AG's debt to equity for the quarter that ended in Dec. 2023 was 1.04.

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 Deutsche Effecten- und Wechsel- Beteiligungsges AG's Debt-to-Equity or its related term are showing as below:

HAM:EFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33   Med: 1.01   Max: 1.54
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Deutsche Effecten- und Wechsel- Beteiligungsges AG was 1.54. The lowest was 0.33. And the median was 1.01.

HAM:EFF's Debt-to-Equity is ranked worse than
87.49% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs HAM:EFF: 1.04

Deutsche Effecten- und Wechsel- Beteiligungsges AG Debt-to-Equity Historical Data

The historical data trend for Deutsche Effecten- und Wechsel- Beteiligungsges 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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG Debt-to-Equity Chart

Deutsche Effecten- und Wechsel- Beteiligungsges AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.10 0.59 1.08 1.04

Deutsche Effecten- und Wechsel- Beteiligungsges AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.66 1.08 0.92 1.04

Competitive Comparison of Deutsche Effecten- und Wechsel- Beteiligungsges AG's Debt-to-Equity

For the Asset Management subindustry, Deutsche Effecten- und Wechsel- Beteiligungsges 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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Deutsche Effecten- und Wechsel- Beteiligungsges AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Deutsche Effecten- und Wechsel- Beteiligungsges AG's Debt-to-Equity falls into.



Deutsche Effecten- und Wechsel- Beteiligungsges AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Deutsche Effecten- und Wechsel- Beteiligungsges AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Deutsche Effecten- und Wechsel- Beteiligungsges AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG  (HAM:EFF) 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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG Debt-to-Equity Related Terms

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


Deutsche Effecten- und Wechsel- Beteiligungsges AG (HAM:EFF) Business Description

Traded in Other Exchanges
Address
Deutsche Effecten- Und Wechsel- Beteiligungsges. AG, LEUTRAGRABEN 1, Jena, DEU, 7743
Deutsche Effecten- und Wechsel- Beteiligungsges AG provides support for strong growth, medium capitalized technology companies in the form of equity capital, expertise in corporate development and its sector network. It concentrates on medium capitalized technology companies and supports them by equity capital, consults in corporate development and its sector network. The company focuses its investments on companies operating primarily in photonics and sensor systems.