Glunz & Jensen Holding A/S (OCSE:GJ) Debt-to-Equity : 0.76 (As of Dec. 2023)

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What is Glunz & Jensen Holding A/S Debt-to-Equity?

Glunz & Jensen Holding A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr20.3 Mil. Glunz & Jensen Holding A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr56.7 Mil. Glunz & Jensen Holding A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr101.2 Mil. Glunz & Jensen Holding A/S's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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 Glunz & Jensen Holding A/S's Debt-to-Equity or its related term are showing as below:

OCSE:GJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 0.99 Max: 1.57
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Glunz & Jensen Holding A/S was 1.57. The lowest was 0.76. And the median was 0.99.

OCSE:GJ's Debt-to-Equity is ranked worse than
79.76% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs OCSE:GJ: 0.76

Glunz & Jensen Holding A/S Debt-to-Equity Historical Data

The historical data trend for Glunz & Jensen Holding A/S'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.

Glunz & Jensen Holding A/S Debt-to-Equity Chart

Glunz & Jensen Holding A/S Annual Data

Trend

May13

May14

May15

May16

May17

Mar19

Mar20

Mar21

Mar22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.99

1.57

1.32

0.93

0.76

Glunz & Jensen Holding A/S Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.12	0.93	0.94	0.85	0.76

Competitive Comparison of Glunz & Jensen Holding A/S's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding A/S'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.

Glunz & Jensen Holding A/S's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Glunz & Jensen Holding A/S's Debt-to-Equity falls into.

Glunz & Jensen Holding A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Glunz & Jensen Holding A/S'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
	=	(20.264	+	56.705)	/	101.224
	=	0.76

Glunz & Jensen Holding A/S'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
	=	(20.264	+	56.705)	/	101.224
	=	0.76

Glunz & Jensen Holding A/S (OCSE:GJ) 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.

Glunz & Jensen Holding A/S Debt-to-Equity Related Terms

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Glunz & Jensen Holding A/S (OCSE:GJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glunz & Jensen Holding A/S (OCSE:GJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Selandia Park 1, Ringsted, DNK, DK-4100

Website

https://www.glunz-jensen.com

Glunz & Jensen Holding A/S is active in the press industry. The company sells and develops hardware, where production is controlled from the company's facilities around Europe, the USA, and China. In addition to press services, the company provides aftermarket services and related products, including assembly tables and display units. The company is headquartered in Ringsted. Product area Flexo and Product area Offset, are both part of the Prepress market. All products and services are connected to setters and printing equipment. Geographically, the majority is from the EMEA (Europe, Middle East, Africa).

Glunz & Jensen Holding A/S (OCSE:GJ) Headlines

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