Pfeiffer Vacuum Technology AG (XTER:PFV) Debt-to-Equity : 0.22 (As of Sep. 2023)

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What is Pfeiffer Vacuum Technology AG Debt-to-Equity?

Pfeiffer Vacuum Technology AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €4.9 Mil. Pfeiffer Vacuum Technology AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €126.8 Mil. Pfeiffer Vacuum Technology AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €587.4 Mil. Pfeiffer Vacuum Technology AG's debt to equity for the quarter that ended in Sep. 2023 was 0.22.

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

XTER:PFV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.17 Max: 0.22
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Pfeiffer Vacuum Technology AG was 0.22. The lowest was 0.00. And the median was 0.17.

XTER:PFV's Debt-to-Equity is ranked better than
58.15% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs XTER:PFV: 0.22

Pfeiffer Vacuum Technology AG Debt-to-Equity Historical Data

The historical data trend for Pfeiffer Vacuum Technology 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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Pfeiffer Vacuum Technology AG Debt-to-Equity Chart

Pfeiffer Vacuum Technology AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.16

0.19

0.04

0.14

Pfeiffer Vacuum Technology AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.14	0.22	0.20	0.22

Competitive Comparison of Pfeiffer Vacuum Technology AG's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology 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.

Pfeiffer Vacuum Technology AG's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pfeiffer Vacuum Technology AG's Debt-to-Equity distribution charts can be found below:

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

Pfeiffer Vacuum Technology AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pfeiffer Vacuum Technology AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(68.175	+	7.858)	/	531.354
	=	0.14

Pfeiffer Vacuum Technology AG'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
	=	(4.909	+	126.812)	/	587.419
	=	0.22

Pfeiffer Vacuum Technology AG (XTER:PFV) 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.

Pfeiffer Vacuum Technology AG Debt-to-Equity Related Terms

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Pfeiffer Vacuum Technology AG (XTER:PFV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pfeiffer Vacuum Technology AG (XTER:PFV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PFFVF:USA 1PFV:Italy 0FQR:UK

Address

Berliner Strasse 43, Asslar, HE, DEU, 35614

Website

https://group.pfeiffer-vacuum.com

Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

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