Palfinger AG (WBO:PAL) Debt-to-Equity : 1.14 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Palfinger AG Debt-to-Equity?

Palfinger AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €139 Mil. Palfinger AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €606 Mil. Palfinger AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €655 Mil. Palfinger AG's debt to equity for the quarter that ended in Dec. 2023 was 1.14.

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

WBO:PAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 0.95 Max: 1.14
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Palfinger AG was 1.14. The lowest was 0.90. And the median was 0.95.

WBO:PAL's Debt-to-Equity is ranked worse than
85.56% of 187 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.41 vs WBO:PAL: 1.14

Palfinger AG Debt-to-Equity Historical Data

The historical data trend for Palfinger 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.

Palfinger AG Debt-to-Equity Chart

Palfinger AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.94

0.90

0.95

1.11

1.14

Palfinger AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.95	-	1.11	-	1.14

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

For the Farm & Heavy Construction Machinery subindustry, Palfinger 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.

Palfinger AG's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Palfinger AG's Debt-to-Equity distribution charts can be found below:

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

Palfinger AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Palfinger 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
	=	(139.038	+	606.133)	/	655.444
	=	1.14

Palfinger 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
	=	(139.038	+	606.133)	/	655.444
	=	1.14

Palfinger AG (WBO:PAL) 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.

Palfinger AG Debt-to-Equity Related Terms

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

Palfinger AG (WBO:PAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Palfinger AG (WBO:PAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0MJ1:UK PFI:Germany

Address

Lamprechtshausener Bundesstrasse 8, Bergheim, AUT, 5101

Website

https://www.palfinger.ag

Palfinger is an Austrian manufacturing company that offers cranes, forklifts, truck bodies, and lifting equipment for land and water vehicles. Palfinger has two operating segments: Sales & Service and Segment Operations. Segment sales & service comprises the sales and service units. The segment operations comprise the production sites and the respective production share of the company. It earns the majority of revenue from the sales & service segment. Palfinger sells its products worldwide but segments geographically into six regions: Europe, Middle East, & Africa; North America; Latin America; Eurasia; Asia-Pacific; and Marine. Business in Europe, the Middle East, & the Africa region generates the majority of the company's revenue.

Executives

Alexander Susanek	Board of Directors
Felix Strohbichler	Board of Directors
Gerhard Rauch	Supervisory Board
Andreas Klauser	Board of Directors

Palfinger AG (WBO:PAL) Headlines

From GuruFocus

Proficient Auto Logistics Announces Pricing of Initial Public Offering

By Business Wire • 05-09-2024