Iveco Group NV (FRA:R3D) Debt-to-Equity : 2.59 (As of Dec. 2023)

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What is Iveco Group NV Debt-to-Equity?

Iveco Group NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,942 Mil. Iveco Group NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,158 Mil. Iveco Group NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,354 Mil. Iveco Group NV's debt to equity for the quarter that ended in Dec. 2023 was 2.59.

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 Iveco Group NV's Debt-to-Equity or its related term are showing as below:

FRA:R3D' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.77 Med: 2.13 Max: 2.59
Current: 2.59

During the past 6 years, the highest Debt-to-Equity Ratio of Iveco Group NV was 2.59. The lowest was 1.77. And the median was 2.13.

FRA:R3D's Debt-to-Equity is ranked worse than
94.68% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.405 vs FRA:R3D: 2.59

Iveco Group NV Debt-to-Equity Historical Data

The historical data trend for Iveco Group NV'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.

Iveco Group NV Debt-to-Equity Chart

Iveco Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.92

2.34

2.53

1.88

2.59

Iveco Group NV Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											1.88	1.84	1.91	1.89	2.59

Competitive Comparison of Iveco Group NV's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Iveco Group NV'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.

Iveco Group NV's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Iveco Group NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Iveco Group NV's Debt-to-Equity falls into.

Iveco Group NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iveco Group NV'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
	=	(3942	+	2158)	/	2354
	=	2.59

Iveco Group NV'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
	=	(3942	+	2158)	/	2354
	=	2.59

Iveco Group NV (FRA:R3D) 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.

Iveco Group NV Debt-to-Equity Related Terms

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Iveco Group NV (FRA:R3D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Iveco Group NV (FRA:R3D) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IVCGF:USA IVG:Italy IVGm:UK R3D:Germany

Address

Via Puglia n. 35, Turin, ITA, 10156

Website

https://www.ivecogroup.com

Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has three operating segments: Commercial and Specialty Vehicles, Powertrain and Financial Services. Majority of revenue is generated from Commercial and Specialty Vehicles. Commercial and Specialty Vehicles designs, manufactures and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods; city-buses, commuter buses; quarry and mining equipment. Geographically, majority of revenue is generated from Europe.

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