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Klassik Radio AG (XTER:KA8) Debt-to-Equity : 0.89 (As of Jun. 2023)


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What is Klassik Radio AG Debt-to-Equity?

Klassik Radio AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €1.15 Mil. Klassik Radio AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.15 Mil. Klassik Radio AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €7.08 Mil. Klassik Radio AG's debt to equity for the quarter that ended in Jun. 2023 was 0.89.

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

XTER:KA8' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.32   Max: 0.96
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Klassik Radio AG was 0.96. The lowest was 0.04. And the median was 0.32.

XTER:KA8's Debt-to-Equity is ranked worse than
75.68% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs XTER:KA8: 0.89

Klassik Radio AG Debt-to-Equity Historical Data

The historical data trend for Klassik Radio 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.

Klassik Radio AG Debt-to-Equity Chart

Klassik Radio AG Annual Data
Trend Sep13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 0.36 0.88 0.74

Klassik Radio AG Semi-Annual Data
Sep13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.45 0.88 0.96 0.74 0.89

Competitive Comparison of Klassik Radio AG's Debt-to-Equity

For the Broadcasting subindustry, Klassik Radio 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.


Klassik Radio AG's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Klassik Radio AG's Debt-to-Equity distribution charts can be found below:

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



Klassik Radio AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Klassik Radio AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Klassik Radio AG's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Klassik Radio AG  (XTER:KA8) 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.


Klassik Radio AG Debt-to-Equity Related Terms

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Klassik Radio AG (XTER:KA8) Business Description

Traded in Other Exchanges
Address
Mediatower Imhofstrasse 12, Imhofstrasse 12, Augsburg, DEU, 86159
Klassik Radio AG is an independent radio holding company. Located on the FM radio network and specialising in classical music, it's operational business is divided between radio stations and merchandising.
Executives
Ulrich R.j. Kubak Board of Directors

Klassik Radio AG (XTER:KA8) Headlines

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