PIERER Mobility AG (XSWX:PKTM) Debt-to-Equity : 1.14 (As of Dec. 2023)

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What is PIERER Mobility AG Debt-to-Equity?

PIERER Mobility AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF68 Mil. PIERER Mobility AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF908 Mil. PIERER Mobility AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF853 Mil. PIERER Mobility AG's debt to equity for the quarter that ended in Dec. 2023 was 1.14.

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

XSWX:PKTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.43 Max: 2.36
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of PIERER Mobility AG was 2.36. The lowest was 0.59. And the median was 1.43.

XSWX:PKTM's Debt-to-Equity is ranked worse than
78.33% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs XSWX:PKTM: 1.14

PIERER Mobility AG Debt-to-Equity Historical Data

The historical data trend for PIERER Mobility 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.

PIERER Mobility AG Debt-to-Equity Chart

PIERER Mobility AG Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.65

1.47

0.74

0.59

1.14

PIERER Mobility AG Semi-Annual Data
	Mar14	Sep14	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															0.74	-	0.59	-	1.14

Competitive Comparison of PIERER Mobility AG's Debt-to-Equity

For the Auto Manufacturers subindustry, PIERER Mobility 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.

PIERER Mobility AG's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PIERER Mobility AG's Debt-to-Equity distribution charts can be found below:

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

PIERER Mobility AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PIERER Mobility 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
	=	(67.948	+	908.039)	/	852.786
	=	1.14

PIERER Mobility 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
	=	(67.948	+	908.039)	/	852.786
	=	1.14

PIERER Mobility AG (XSWX:PKTM) 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.

PIERER Mobility AG Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PIERER Mobility AG's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PIERER Mobility AG (XSWX:PKTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PIERER Mobility AG (XSWX:PKTM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PKTMz:UK PKTM:Germany PKTM:Austria

Address

Edisonstrasse 1, Wels, AUT, 4600

Website

https://www.pierermobility.com

PIERER Mobility AG is a global automotive niche player that includes worldwide renowned brands KTM, Husqvarna Motorcycles, and WP. Its KTM Industries group is divided into core areas like high-performance components, PTW Vehicles, and PTW vehicles concept development. It operates in three segments: Motorcycles, which generate the majority of the revenue; E-bicycles; and Others. The company's geographical segments include Europe, North America & Mexico, and Others.

Executives

Dipl. Ing. Stefan Pierer	Board of Directors
Mag. Friedrich Roithner	Board of Directors
Josef Blazicek	Supervisory Board

PIERER Mobility AG (XSWX:PKTM) Headlines

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