Einhell Germany AG (XTER:EIN3) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is Einhell Germany AG Debt-to-Equity?

Einhell Germany AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €18.6 Mil. Einhell Germany AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €104.4 Mil. Einhell Germany AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €366.0 Mil. Einhell Germany AG's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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

XTER:EIN3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.34 Max: 0.92
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Einhell Germany AG was 0.92. The lowest was 0.13. And the median was 0.34.

XTER:EIN3's Debt-to-Equity is ranked worse than
55.24% of 2616 companies
in the Industrial Products industry
Industry Median: 0.29 vs XTER:EIN3: 0.34

Einhell Germany AG Debt-to-Equity Historical Data

The historical data trend for Einhell Germany 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.

Einhell Germany AG Debt-to-Equity Chart

Einhell Germany AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.18

0.15

0.60

0.59

0.37

Einhell Germany AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.59	0.60	0.35	0.37	0.34

Competitive Comparison of Einhell Germany AG's Debt-to-Equity

For the Tools & Accessories subindustry, Einhell Germany 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.

Einhell Germany AG's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Einhell Germany AG's Debt-to-Equity distribution charts can be found below:

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

Einhell Germany AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Einhell Germany 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
	=	(22.462	+	104.841)	/	340.949
	=	0.37

Einhell Germany AG's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(18.552	+	104.394)	/	365.981
	=	0.34

Einhell Germany AG (XTER:EIN3) 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.

Einhell Germany AG Debt-to-Equity Related Terms

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Einhell Germany AG (XTER:EIN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Einhell Germany AG (XTER:EIN3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EIN3:Germany EIN3:Germany EIN3:Germany

Address

Wiesenweg 22, Landau an der Isar, DEU, D-94405

Website

https://www.einhell.com

Einhell Germany AG develops and markets solutions for the handyman and tradesman for home, garden, and recreational purposes. The company operates through two business segments namely Tools, and Garden and leisure. Its Tools segment, which is the key revenue driver, includes electronic hand tools and stationary tools as well as hand-held and general electronic tools accessories. The Garden and leisure segment comprises the areas of garden and water technology and cooling and heating technology.

Executives

Andreas Kroiss	Board of Directors
Dr. Markus Thannhuber	Board of Directors

Einhell Germany AG (XTER:EIN3) Headlines

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