Hochdorf Holding AG (XSWX:HOCN) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is Hochdorf Holding AG Debt-to-Equity?

Hochdorf Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.1 Mil. Hochdorf Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF67.0 Mil. Hochdorf Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF157.9 Mil. Hochdorf Holding AG's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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

XSWX:HOCN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.44 Max: 4.03
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Hochdorf Holding AG was 4.03. The lowest was 0.06. And the median was 0.44.

XSWX:HOCN's Debt-to-Equity is ranked worse than
51.43% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XSWX:HOCN: 0.43

Hochdorf Holding AG Debt-to-Equity Historical Data

The historical data trend for Hochdorf Holding 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.

Hochdorf Holding AG Debt-to-Equity Chart

Hochdorf Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.46

0.55

0.31

0.40

0.43

Hochdorf Holding 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															0.31	-	0.40	-	0.43

Competitive Comparison of Hochdorf Holding AG's Debt-to-Equity

For the Packaged Foods subindustry, Hochdorf Holding 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.

Hochdorf Holding AG's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hochdorf Holding AG's Debt-to-Equity distribution charts can be found below:

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

Hochdorf Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hochdorf Holding 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
	=	(0.118	+	67.003)	/	157.893
	=	0.43

Hochdorf Holding 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
	=	(0.118	+	67.003)	/	157.893
	=	0.43

Hochdorf Holding AG (XSWX:HOCN) 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.

Hochdorf Holding AG Debt-to-Equity Related Terms

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Hochdorf Holding AG (XSWX:HOCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hochdorf Holding AG (XSWX:HOCN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HOCNz:UK

Address

Siedereistrasse 9, Postfach 691, Hochdorf, CHE, 6281

Website

https://www.hochdorf.com

Hochdorf Holding AG is a food company. It produces and sells food products to the food industry and the wholesale and retail trade in the international markets. The group operates in the business of Food Solutions and Baby Care It produces, and markets powder products based on milk and whey, and also produces and markets cereals. The firm generates the majority of its revenue from the Dairy ingredients segment which includes products like cream, milk concentrate, skimmed milk powder, whole milk powder, cream powder, fat powder, milk protein powder, whey powder, whey protein powder, permeate powder, butter, buttermilk, and curd. Geographically, the Food Solutions division focuses on Switzerland.

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