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artnet AG (XTER:ART) Debt-to-Equity : 0.25 (As of Jun. 2023)


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What is artnet AG Debt-to-Equity?

artnet AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.96 Mil. artnet AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.09 Mil. artnet AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €4.31 Mil. artnet AG's debt to equity for the quarter that ended in Jun. 2023 was 0.25.

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

XTER:ART' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.3   Med: 0.35   Max: 34
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of artnet AG was 34.00. The lowest was -3.30. And the median was 0.35.

XTER:ART's Debt-to-Equity is ranked better than
72.33% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs XTER:ART: 0.25

artnet AG Debt-to-Equity Historical Data

The historical data trend for artnet 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.

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artnet AG Debt-to-Equity Chart

artnet AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 1.09 0.52 0.42 0.35

artnet AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.42 0.30 0.35 0.25

Competitive Comparison of artnet AG's Debt-to-Equity

For the Internet Retail subindustry, artnet 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.


artnet AG's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, artnet AG's Debt-to-Equity distribution charts can be found below:

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



artnet AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

artnet AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

artnet AG's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.


artnet AG  (XTER:ART) 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.


artnet AG Debt-to-Equity Related Terms

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


artnet AG (XTER:ART) Business Description

Traded in Other Exchanges
Address
Oranienstrasse 164, Berlin, DEU, 10969
artnet AG is an online resource for the international art market. The company provides platforms related to artwork are Artnet Auctions to bid on paintings, prints, photographs, and more artistic work, Artnet News for the latest news about art events, trends, or workshops, Artnet Galleries to connect art galleries from all over the world for new collections. The activity of the company operates through Online retailing.
Executives
Hans Reinhard Neuendorf Supervisory Board

artnet AG (XTER:ART) Headlines

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