Betolar Oyj (OHEL:BETOLAR) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Betolar Oyj Debt-to-Equity?

Betolar Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.20 Mil. Betolar Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.41 Mil. Betolar Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €13.79 Mil. Betolar Oyj's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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

OHEL:BETOLAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.41
Current: 0.41

During the past 5 years, the highest Debt-to-Equity Ratio of Betolar Oyj was 0.41. The lowest was 0.01. And the median was 0.10.

OHEL:BETOLAR's Debt-to-Equity is ranked worse than
52.97% of 353 companies
in the Building Materials industry
Industry Median: 0.38 vs OHEL:BETOLAR: 0.41

Betolar Oyj Debt-to-Equity Historical Data

The historical data trend for Betolar 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.

Betolar Oyj Debt-to-Equity Chart

Betolar Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.08

0.01

0.11

0.41

Betolar Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.01	0.08	0.11	0.16	0.41

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

For the Building Materials subindustry, Betolar 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.

Betolar Oyj's Debt-to-Equity Distribution in the Building Materials Industry

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

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

Betolar Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Betolar Oyj'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
	=	(0.201	+	5.405)	/	13.786
	=	0.41

Betolar Oyj'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
	=	(0.201	+	5.405)	/	13.786
	=	0.41

Betolar Oyj (OHEL:BETOLAR) 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.

Betolar Oyj Debt-to-Equity Related Terms

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Betolar Oyj (OHEL:BETOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Betolar Oyj (OHEL:BETOLAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannilantie 9, Kannonkoski, FIN, 43300

Website

https://www.betolar.com

Betolar Oyj is a Finnish materials technology company in the growth stage, whose mission is to enable the green transition of different industries globally, especially in the construction, process, and energy industries, by offering solutions for the utilization of its material technology. With its Geoprime solution, the company offers an alternative for producing sustainable and low-carbon concrete and concrete applications. The solution can be used to convert previously under-used or unused industrial side streams into a substitute for cement used in the production of concrete. Its product offering is divided into four segments: precast small concrete products, building elements, mining, and recycling of untapped side streams.

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