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Mercedes-Benz Group AG (XTER:MBG) Debt-to-Equity : 0.91 (As of Mar. 2024)


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What is Mercedes-Benz Group AG Debt-to-Equity?

Mercedes-Benz Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €27,539 Mil. Mercedes-Benz Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €59,409 Mil. Mercedes-Benz Group AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €95,771 Mil. Mercedes-Benz Group AG's debt to equity for the quarter that ended in Mar. 2024 was 0.91.

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

XTER:MBG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.91   Med: 1.62   Max: 2.21
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Mercedes-Benz Group AG was 2.21. The lowest was 0.91. And the median was 1.62.

XTER:MBG's Debt-to-Equity is ranked worse than
72.01% of 1179 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs XTER:MBG: 0.91

Mercedes-Benz Group AG Debt-to-Equity Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Debt-to-Equity Chart

Mercedes-Benz Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 1.89 1.30 0.99 0.95

Mercedes-Benz Group 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 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 0.92 0.96 0.94 0.95 0.91

Competitive Comparison of Mercedes-Benz Group AG's Debt-to-Equity

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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



Mercedes-Benz Group AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mercedes-Benz Group AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mercedes-Benz Group AG's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Mercedes-Benz Group AG  (XTER:MBG) 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.


Mercedes-Benz Group AG Debt-to-Equity Related Terms

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


Mercedes-Benz Group AG (XTER:MBG) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).
Executives
Dr. Frank Weber Supervisory Board
Bader M. Al Saad Supervisory Board
Dr. Martin Brudermüller Supervisory Board
Sari Baldauf Supervisory Board
Ben Van Beurden Supervisory Board
Dr. Bernd Pischetsrieder Supervisory Board
Timotheus Höttges Supervisory Board
Petraea Heynike Supervisory Board
Dr. Manfred Bischoff Supervisory Board
Josef Kaeser Supervisory Board
Dr. Jürgen Hambrecht Supervisory Board