Schaeffler AG (XTER:SHA) Debt-to-Equity : 1.11 (As of Dec. 2023)

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What is Schaeffler AG Debt-to-Equity?

Schaeffler AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €953 Mil. Schaeffler AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,234 Mil. Schaeffler AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3,771 Mil. Schaeffler AG's debt to equity for the quarter that ended in Dec. 2023 was 1.11.

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

XTER:SHA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87 Med: 1.27 Max: 34.27
Current: 1.11

During the past 13 years, the highest Debt-to-Equity Ratio of Schaeffler AG was 34.27. The lowest was 0.87. And the median was 1.27.

XTER:SHA's Debt-to-Equity is ranked worse than
77.6% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs XTER:SHA: 1.11

Schaeffler AG Debt-to-Equity Historical Data

The historical data trend for Schaeffler 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.

Schaeffler AG Debt-to-Equity Chart

Schaeffler AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.20

2.20

1.31

0.87

1.11

Schaeffler AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.87	0.98	1.04	0.99	1.11

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

For the Auto Parts subindustry, Schaeffler 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.

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

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

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

Schaeffler AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Schaeffler 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
	=	(953	+	3234)	/	3771
	=	1.11

Schaeffler 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
	=	(953	+	3234)	/	3771
	=	1.11

Schaeffler AG (XTER:SHA) 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.

Schaeffler AG Debt-to-Equity Related Terms

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

Schaeffler AG (XTER:SHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaeffler AG (XTER:SHA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SCFLF:USA 1SHA:Italy SHAd:UK 0RBK:UK SHA:Austria

Address

Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074

Website

https://www.schaeffler.com

Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.

Executives

Jens Willem Schüler	Board of Directors
Georg F.w. Schaeffler	Supervisory Board
Matthias Zink	Board of Directors
Dr. Stefan Spindler	Board of Directors
Andreas Schick	Board of Directors
Uwe Wagner	Board of Directors
Corinna Schittenhelm	Board of Directors
Klaus Rosenfeld	Board of Directors

Schaeffler AG (XTER:SHA) Headlines

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