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Kemira Oyj (OHEL:KEMIRA) Debt-to-Equity : 0.56 (As of Dec. 2023)


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What is Kemira Oyj Debt-to-Equity?

Kemira Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €322 Mil. Kemira Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €616 Mil. Kemira Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,665 Mil. Kemira Oyj's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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

OHEL:KEMIRA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53   Med: 0.72   Max: 0.78
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Kemira Oyj was 0.78. The lowest was 0.53. And the median was 0.72.

OHEL:KEMIRA's Debt-to-Equity is ranked worse than
65.88% of 1398 companies
in the Chemicals industry
Industry Median: 0.35 vs OHEL:KEMIRA: 0.56

Kemira Oyj Debt-to-Equity Historical Data

The historical data trend for Kemira Oyj'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.

Kemira Oyj Debt-to-Equity Chart

Kemira Oyj 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 0.78 0.77 0.75 0.61 0.56

Kemira Oyj 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 0.61 0.64 0.60 0.58 0.56

Competitive Comparison of Kemira Oyj's Debt-to-Equity

For the Chemicals subindustry, Kemira Oyj'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.


Kemira Oyj's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kemira Oyj's Debt-to-Equity distribution charts can be found below:

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



Kemira Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kemira Oyj's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kemira Oyj'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.


Kemira Oyj  (OHEL:KEMIRA) 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.


Kemira Oyj Debt-to-Equity Related Terms

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Kemira Oyj (OHEL:KEMIRA) Business Description

Traded in Other Exchanges
Address
Energiakatu 4, P.O. Box 330, Helsinki, FIN, FI-00180
Kemira Oyj offers sustainable chemical solutions for water-intensive industries. The company provides best-suited products and expertise to improve its customers' product quality, process, and resource efficiency. It focuses on pulp and paper, water treatment, and oil and gas industries.

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