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Hapag-Lloyd AG (XTER:HLAG) Debt-to-Equity : 0.27 (As of Dec. 2023)


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What is Hapag-Lloyd AG Debt-to-Equity?

Hapag-Lloyd AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,258 Mil. Hapag-Lloyd AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,773 Mil. Hapag-Lloyd AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €18,691 Mil. Hapag-Lloyd AG's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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

XTER:HLAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.8   Max: 1.05
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Hapag-Lloyd AG was 1.05. The lowest was 0.20. And the median was 0.80.

XTER:HLAG's Debt-to-Equity is ranked better than
71.36% of 880 companies
in the Transportation industry
Industry Median: 0.55 vs XTER:HLAG: 0.27

Hapag-Lloyd AG Debt-to-Equity Historical Data

The historical data trend for Hapag-Lloyd 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.

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Hapag-Lloyd AG Debt-to-Equity Chart

Hapag-Lloyd 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 0.97 0.77 0.34 0.20 0.27

Hapag-Lloyd 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 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 0.20 0.18 0.27 0.28 0.27

Competitive Comparison of Hapag-Lloyd AG's Debt-to-Equity

For the Marine Shipping subindustry, Hapag-Lloyd 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.


Hapag-Lloyd AG's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Debt-to-Equity distribution charts can be found below:

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



Hapag-Lloyd AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Hapag-Lloyd AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Hapag-Lloyd AG  (XTER:HLAG) 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.


Hapag-Lloyd AG Debt-to-Equity Related Terms

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Hapag-Lloyd AG (XTER:HLAG) Business Description

Address
Ballindamm 25, Hamburg, DEU, 20095
Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.
Executives
Dr. Maximilian Rothkopf Board of Directors
Rolf Eric Habben Jansen Board of Directors

Hapag-Lloyd AG (XTER:HLAG) Headlines

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