What is the level of liabilities of Sixt this year?
Sixt has a debt balance of 4.45 B EUR this year.
Sixt Liabilities 2024
Sixt Liabilities
4.45 B EUR
Ticker
SIX2.DE
ISIN
DE0007231326
WKN
723132
In 2024, Sixt's total liabilities amounted to 4.45 B EUR, a 24.51% difference from the 3.57 B EUR total liabilities in the previous year.
Sixt Aktienanalyse
What does Sixt do?
Sixt SE is an internationally operating mobility service provider based in Pullach near Munich. The company was founded in 1912 by Martin Sixt as a small car rental company and has developed into one of the leading providers of rental cars and other mobility services in recent decades. Since the early 2000s, Sixt has gradually expanded its business model and now offers services such as car sharing, leasing, chauffeur services, and fleet management in addition to traditional car rental. The establishment of Sixt Leasing AG in 2015 enables the offering of long-term and flexible leasing contracts for private and business customers. However, the core business of Sixt remains car rental. The company operates in more than 100 countries and has over 2,200 stations worldwide. Sixt places great importance on modernizing its fleet and regularly offers its customers the latest models from various manufacturers. In addition to traditional car rental, Sixt also caters to particularly demanding customers who are looking for exclusive vehicles and services. The company operates the "Sixt Luxury Cars" division, which offers a wide range of luxury vehicles. Additionally, the offering includes the "Sixt Limousine Service," which provides limousines with chauffeur service for business travelers or special occasions. Another important area for Sixt is car sharing. With its "Sixt share" offering, the company is one of the largest car sharing providers in Europe. Customers can easily and quickly rent vehicles for short distances without having to worry about maintenance, upkeep, or insurance. Sixt also relies on a modern fleet for this service and offers customers a selection of different vehicle types. The success of Sixt is based on its many years of experience in the mobility sector, as well as its innovation and agile adaptation to new trends. In recent years, the company has increasingly invested in digital solutions and developed new mobility applications either independently or in cooperation with other providers. For example, customers can book and pay for their rides with external partner companies worldwide through "Sixt ride." Overall, Sixt offers a wide range of mobility services targeting the needs of different customers. Competent advice, 24-hour customer service, and the high quality of its vehicles and services are central features that distinguish the company. With its strategy of growing in new areas and optimizing existing divisions, Sixt will continue to play an important role in the field of mobility in the future. Sixt ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Sixt's Liabilities
Sixt's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Sixt's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Sixt's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Sixt's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Sixt’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Sixt stock
What were the liabilities of Sixt compared to the previous year?
The liabilities of Sixt have increased by 24.51% increased compared to the previous year.
What are the consequences of high debt for investors of Sixt?
High liabilities can pose a risk for investors of Sixt, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Sixt?
Low liabilities mean that Sixt has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Sixt affect the company?
An increase in liabilities of Sixt can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Sixt affect the company?
A decrease in the liabilities of Sixt can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Sixt?
Some factors that can influence the liabilities of Sixt include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Sixt so important for investors?
The liabilities of Sixt are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Sixt take to modify the liabilities?
To change its liabilities, Sixt can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Sixt pay?
Over the past 12 months, Sixt paid a dividend of 8.22 EUR . This corresponds to a dividend yield of about 11.15 %. For the coming 12 months, Sixt is expected to pay a dividend of 8.59 EUR.
What is the dividend yield of Sixt?
The current dividend yield of Sixt is 11.15 %.
When does Sixt pay dividends?
Sixt pays a quarterly dividend. This is distributed in the months of June, June, June, July.
How secure is the dividend of Sixt?
Sixt paid dividends every year for the past 0 years.
What is the dividend of Sixt?
For the upcoming 12 months, dividends amounting to 8.59 EUR are expected. This corresponds to a dividend yield of 11.65 %.
In which sector is Sixt located?
Sixt is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Sixt kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Sixt from 6/17/2024 amounting to 3.9 EUR, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.
When did Sixt pay the last dividend?
The last dividend was paid out on 6/17/2024.
What was the dividend of Sixt in the year 2023?
In the year 2023, Sixt distributed 7.4 EUR as dividends.
In which currency does Sixt pay out the dividend?
The dividends of Sixt are distributed in EUR.
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Andere Kennzahlen von Sixt
Our stock analysis for Sixt Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sixt Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
