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Takkt AG (XTER:TTK) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Takkt AG Debt-to-Equity?

Takkt AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Takkt AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Takkt AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €651 Mil. Takkt AG's debt to equity for the quarter that ended in Mar. 2024 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 Takkt AG's Debt-to-Equity or its related term are showing as below:

XTER:TTK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.3   Max: 0.75
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Takkt AG was 0.75. The lowest was 0.12. And the median was 0.30.

XTER:TTK's Debt-to-Equity is ranked better than
64.11% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs XTER:TTK: 0.17

Takkt AG Debt-to-Equity Historical Data

The historical data trend for Takkt 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.

Takkt AG Debt-to-Equity Chart

Takkt 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 0.30 0.13 0.16 0.18 0.17

Takkt 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 - - - 0.17 -

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

For the Business Equipment & Supplies subindustry, Takkt 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.


Takkt AG's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Takkt AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Takkt 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.


Takkt AG  (XTER:TTK) 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.


Takkt AG Debt-to-Equity Related Terms

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Takkt AG (XTER:TTK) Business Description

Traded in Other Exchanges
Address
Presselstrasse 12, Stuttgart, BW, DEU, 70191
Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments namely, Industrial & Packaging, Office Furniture & Displays and FoodService. The company has its geographic presence in Germany, Europe without Germany, USA and Others.

Takkt AG (XTER:TTK) Headlines

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