AD Plastik DD (ZAG:ADPL) Debt-to-Equity : 0.51 (As of Mar. 2024)

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What is AD Plastik DD Debt-to-Equity?

AD Plastik DD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €27.4 Mil. AD Plastik DD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €23.0 Mil. AD Plastik DD's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €99.4 Mil. AD Plastik DD's debt to equity for the quarter that ended in Mar. 2024 was 0.51.

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 AD Plastik DD's Debt-to-Equity or its related term are showing as below:

ZAG:ADPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.51 Max: 0.82
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of AD Plastik DD was 0.82. The lowest was 0.20. And the median was 0.51.

ZAG:ADPL's Debt-to-Equity is ranked worse than
52.78% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs ZAG:ADPL: 0.51

AD Plastik DD Debt-to-Equity Historical Data

The historical data trend for AD Plastik DD'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.

AD Plastik DD Debt-to-Equity Chart

AD Plastik DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.47

0.49

0.20

0.22

AD Plastik DD 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															0.41	0.45	0.47	0.22	0.51

Competitive Comparison of AD Plastik DD's Debt-to-Equity

For the Auto Parts subindustry, AD Plastik DD'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.

AD Plastik DD's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AD Plastik DD's Debt-to-Equity distribution charts can be found below:

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

AD Plastik DD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AD Plastik DD'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
	=	(20.295	+	1.581)	/	98.464
	=	0.22

AD Plastik DD's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(27.403	+	23.048)	/	99.367
	=	0.51

AD Plastik DD (ZAG:ADPL) 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.

AD Plastik DD Debt-to-Equity Related Terms

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

AD Plastik DD (ZAG:ADPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AD Plastik DD (ZAG:ADPL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Matoseva 8, Solin, HRV, 21210

Website

https://www.adplastik.hr

AD Plastik DD is engaged in the manufacturing of plastic components for the automotive industry. The company develops and manufactures interior and exterior car components. Its products include bumper bodies and components, side trims, fuel tank guards, instrument panels, door panels, pillar trims, parcel shelves, sun visors, and other related components. The group operates in the geographical segments of the EU and Serbia and Russia from which it derives the majority of its revenue from the EU and Serbia segment.

AD Plastik DD (ZAG:ADPL) Headlines

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