Kabel Deutschland AG (FRA:KD8V) Debt-to-Equity : -5.22 (As of Mar. 2021)

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What is Kabel Deutschland AG Debt-to-Equity?

Kabel Deutschland AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was €155 Mil. Kabel Deutschland AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was €2,589 Mil. Kabel Deutschland AG's Total Stockholders Equity for the quarter that ended in Mar. 2021 was €-526 Mil. Kabel Deutschland AG's debt to equity for the quarter that ended in Mar. 2021 was -5.22.

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

FRA:KD8V' s Debt-to-Equity Range Over the Past 10 Years
Min: -20.67 Med: -2.19 Max: -0.02
Current: -5.22

During the past 13 years, the highest Debt-to-Equity Ratio of Kabel Deutschland AG was -0.02. The lowest was -20.67. And the median was -2.19.

FRA:KD8V's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs FRA:KD8V: -5.22

Kabel Deutschland AG Debt-to-Equity Historical Data

The historical data trend for Kabel Deutschland 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.

Kabel Deutschland AG Debt-to-Equity Chart

Kabel Deutschland AG Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Debt-to-Equity

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-0.05

-3.26

-3.34

-5.75

-5.22

Kabel Deutschland AG Semi-Annual Data
	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21
Debt-to-Equity	Get a 7-Day Free Trial													-0.05	-3.26	-3.34	-5.75	-5.22

Competitive Comparison of Kabel Deutschland AG's Debt-to-Equity

For the Entertainment subindustry, Kabel Deutschland 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.

Kabel Deutschland AG's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland AG's Debt-to-Equity distribution charts can be found below:

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

Kabel Deutschland AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kabel Deutschland AG's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(155.399	+	2589.29)	/	-525.588
	=	-5.22

Kabel Deutschland AG's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(155.399	+	2589.29)	/	-525.588
	=	-5.22

Kabel Deutschland AG (FRA:KD8V) 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.

Kabel Deutschland AG Debt-to-Equity Related Terms

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Kabel Deutschland AG (FRA:KD8V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kabel Deutschland AG (FRA:KD8V) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Betastrasse 6 - 8, Unterfoehring, DEU, 85774

Website

http://www.kabeldeutschland.com

Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland AG (FRA:KD8V) Headlines

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