ALD (XPAR:ALD) Debt-to-Equity : 3.50 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is ALD Debt-to-Equity?

ALD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10,286 Mil. ALD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €27,593 Mil. ALD's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €10,826 Mil. ALD's debt to equity for the quarter that ended in Dec. 2023 was 3.50.

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

XPAR:ALD' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.91 Med: 4.3 Max: 5.44
Current: 3.5

During the past 10 years, the highest Debt-to-Equity Ratio of ALD was 5.44. The lowest was 2.91. And the median was 4.30.

XPAR:ALD's Debt-to-Equity is ranked worse than
94.39% of 927 companies
in the Business Services industry
Industry Median: 0.38 vs XPAR:ALD: 3.50

ALD Debt-to-Equity Historical Data

The historical data trend for ALD'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.

ALD Debt-to-Equity Chart

ALD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

4.64

4.27

3.87

2.91

3.50

ALD Semi-Annual Data
	Dec14	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													3.87	3.84	2.91	3.24	3.50

Competitive Comparison of ALD's Debt-to-Equity

For the Rental & Leasing Services subindustry, ALD'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.

ALD's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALD's Debt-to-Equity distribution charts can be found below:

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

ALD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ALD'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
	=	(10286	+	27592.8)	/	10826
	=	3.50

ALD'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
	=	(10286	+	27592.8)	/	10826
	=	3.50

ALD (XPAR:ALD) 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.

ALD Debt-to-Equity Related Terms

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

ALD (XPAR:ALD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ALD SA (XPAR:ALD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RSP:UK 3AL:Germany

Address

1-3 Rue Eugene et Armand Peugeot, Le Corosa, Rueil-Malmaison, FRA, 92500

Website

https://www.aldautomotive.com

ALD SA is a full-service leasing and fleet management group. It provides financing and management services through two principal product offerings. These two offerings are full-service leasing and fleet management. The group also provides insurance services. It provides clients with motor third-party liability, material damage insurance as well as theft and passenger insurance. The company has operational footprints across Western Europe, Nordic, Continental and Eastern Europe and Latin America, Africa, Asia, and the Rest of the world.

ALD (XPAR:ALD) Headlines

From GuruFocus

David Einhorn and Reasons Why Widely Followed Stocks Get Mispriced

By John Huber John Huber • 12-01-2015