123Fahrschule SE (XTER:123F) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is 123Fahrschule SE Debt-to-Equity?

123Fahrschule SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.11 Mil. 123Fahrschule SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.32 Mil. 123Fahrschule SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €16.41 Mil. 123Fahrschule SE's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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 123Fahrschule SE's Debt-to-Equity or its related term are showing as below:

XTER:123F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.15
Current: 0.15

During the past 5 years, the highest Debt-to-Equity Ratio of 123Fahrschule SE was 0.15. The lowest was 0.00. And the median was 0.13.

XTER:123F's Debt-to-Equity is ranked better than
69.51% of 223 companies
in the Education industry
Industry Median: 0.35 vs XTER:123F: 0.15

123Fahrschule SE Debt-to-Equity Historical Data

The historical data trend for 123Fahrschule SE'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.

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123Fahrschule SE Debt-to-Equity Chart

123Fahrschule SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.13

0.15

123Fahrschule SE Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	0.08	0.13	0.16	0.15

Competitive Comparison of 123Fahrschule SE's Debt-to-Equity

For the Education & Training Services subindustry, 123Fahrschule SE'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.

123Fahrschule SE's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 123Fahrschule SE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 123Fahrschule SE's Debt-to-Equity falls into.

123Fahrschule SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

123Fahrschule SE'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
	=	(0.111	+	2.324)	/	16.412
	=	0.15

123Fahrschule SE'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
	=	(0.111	+	2.324)	/	16.412
	=	0.15

123Fahrschule SE (XTER:123F) 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.

123Fahrschule SE Debt-to-Equity Related Terms

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123Fahrschule SE (XTER:123F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 123Fahrschule SE (XTER:123F) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

123F:Germany

Address

Klopstockstr. 1, Cologne, DEU, 50968

Website

https://www.123fahrschule.de

123Fahrschule SE is a digital driving school chain. It is specialized in the consolidation and digital expansion of the classic driving license training of the German driving school market. The company offers its learner drivers a digital, effective and intelligent application software for administration, e-learning and individual learning status control for driver's license training for all driver's license classes.

Executives

Herr Boris Polenske

Board of Directors

123Fahrschule SE (XTER:123F) Headlines

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