Scandinavian Tobacco Group A/S (OCSE:STG) Debt-to-Equity : 0.46 (As of Mar. 2024)

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What is Scandinavian Tobacco Group A/S Debt-to-Equity?

Scandinavian Tobacco Group A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr240 Mil. Scandinavian Tobacco Group A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4,146 Mil. Scandinavian Tobacco Group A/S's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr9,522 Mil. Scandinavian Tobacco Group A/S's debt to equity for the quarter that ended in Mar. 2024 was 0.46.

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 Scandinavian Tobacco Group A/S's Debt-to-Equity or its related term are showing as below:

OCSE:STG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.37 Max: 0.55
Current: 0.46

During the past 12 years, the highest Debt-to-Equity Ratio of Scandinavian Tobacco Group A/S was 0.55. The lowest was 0.29. And the median was 0.37.

OCSE:STG's Debt-to-Equity is ranked worse than
62.16% of 37 companies
in the Tobacco Products industry
Industry Median: 0.26 vs OCSE:STG: 0.46

Scandinavian Tobacco Group A/S Debt-to-Equity Historical Data

The historical data trend for Scandinavian Tobacco Group 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.

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Scandinavian Tobacco Group A/S Debt-to-Equity Chart

Scandinavian Tobacco Group A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.37

0.35

0.37

0.42

Scandinavian Tobacco Group A/S 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															0.46	0.55	0.45	0.42	0.46

Competitive Comparison of Scandinavian Tobacco Group A/S's Debt-to-Equity

For the Tobacco subindustry, Scandinavian Tobacco Group 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.

Scandinavian Tobacco Group A/S's Debt-to-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group A/S's Debt-to-Equity falls into.

Scandinavian Tobacco Group A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Scandinavian Tobacco Group 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
	=	(59.1	+	3902.5)	/	9434
	=	0.42

Scandinavian Tobacco Group A/S'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
	=	(239.5	+	4146.4)	/	9521.7
	=	0.46

Scandinavian Tobacco Group A/S (OCSE:STG) 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.

Scandinavian Tobacco Group A/S Debt-to-Equity Related Terms

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Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Scandinavian Tobacco Group A/S (OCSE:STG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

STBGY:USA SNDVF:USA 0RES:UK 8ZI:Germany

Address

Sandtoften 9, Gentofte, DNK, 2820

Website

https://www.st-group.com

Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.