HELLA GmbH KGaA (XTER:HLE) Debt-to-Equity : 0.00 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is HELLA GmbH KGaA Debt-to-Equity?

HELLA GmbH KGaA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0 Mil. HELLA GmbH KGaA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0 Mil. HELLA GmbH KGaA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €2,918 Mil. HELLA GmbH KGaA's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 HELLA GmbH KGaA's Debt-to-Equity or its related term are showing as below:

XTER:HLE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.52 Max: 1.06
Current: 0.05

During the past 11 years, the highest Debt-to-Equity Ratio of HELLA GmbH KGaA was 1.06. The lowest was 0.04. And the median was 0.52.

XTER:HLE's Debt-to-Equity is ranked better than
90.64% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs XTER:HLE: 0.05

HELLA GmbH KGaA Debt-to-Equity Historical Data

The historical data trend for HELLA GmbH KGaA'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.

HELLA GmbH KGaA Debt-to-Equity Chart

HELLA GmbH KGaA Annual Data

Trend

May12

May13

May14

May15

May16

May17

May18

May19

May20

May21

Debt-to-Equity

Get a 7-Day Free Trial

0.61

0.23

0.40

0.54

0.45

HELLA GmbH KGaA Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.40	0.04	-	-

Competitive Comparison of HELLA GmbH KGaA's Debt-to-Equity

For the Auto Parts subindustry, HELLA GmbH KGaA'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.

HELLA GmbH KGaA's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where HELLA GmbH KGaA's Debt-to-Equity falls into.

HELLA GmbH KGaA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HELLA GmbH KGaA's Debt to Equity Ratio for the fiscal year that ended in May. 2021 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
	=	(29.58	+	1076.347)	/	2458.797
	=	0.45

HELLA GmbH KGaA's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	2917.67
	=	0.00

HELLA GmbH KGaA (XTER:HLE) 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.

HELLA GmbH KGaA Debt-to-Equity Related Terms

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

HELLA GmbH KGaA (XTER:HLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HELLA GmbH & Co KGaA (XTER:HLE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0R3U:UK HLE:Austria

Address

Rixbecker Strasse 75, Lippstadt, NW, DEU, 59552

Website

https://www.hella.com

HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments which are Lighting, Electronics and Lifecycle Solutions. The company generates majority of the revenue from Lighting segment.

Executives

Charlotte Sötje	Supervisory Board
Christoph Thomas	Supervisory Board

HELLA GmbH KGaA (XTER:HLE) Headlines

No Headlines