Huhtamaki Oyj (OHEL:HUH1V) Debt-to-Equity : 0.85 (As of Mar. 2024)

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What is Huhtamaki Oyj Debt-to-Equity?

Huhtamaki Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €212 Mil. Huhtamaki Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,409 Mil. Huhtamaki Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,910 Mil. Huhtamaki Oyj's debt to equity for the quarter that ended in Mar. 2024 was 0.85.

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

OHEL:HUH1V' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66 Med: 0.83 Max: 1.21
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Huhtamaki Oyj was 1.21. The lowest was 0.66. And the median was 0.83.

OHEL:HUH1V's Debt-to-Equity is ranked worse than
74.64% of 343 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs OHEL:HUH1V: 0.85

Huhtamaki Oyj Debt-to-Equity Historical Data

The historical data trend for Huhtamaki 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.

Huhtamaki Oyj Debt-to-Equity Chart

Huhtamaki Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.83

0.93

1.12

0.98

0.90

Huhtamaki Oyj 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															0.93	1.03	0.91	0.90	0.85

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

For the Packaging & Containers subindustry, Huhtamaki 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.

Huhtamaki Oyj's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki Oyj's Debt-to-Equity distribution charts can be found below:

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

Huhtamaki Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huhtamaki 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
	=	(251.1	+	1403)	/	1838.3
	=	0.90

Huhtamaki Oyj'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
	=	(212.2	+	1409.3)	/	1909.8
	=	0.85

Huhtamaki Oyj (OHEL:HUH1V) 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.

Huhtamaki Oyj Debt-to-Equity Related Terms

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Huhtamaki Oyj (OHEL:HUH1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huhtamaki Oyj (OHEL:HUH1V) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HOYFF:USA 0K9W:UK HUKI:Germany

Address

Revontulenkuja 1, Espoo, FIN, 02100

Website

https://www.huhtamaki.com

Huhtamäki Oyj is a Finland-based company engaged in manufacturing and selling consumer packaging products. The company operates in three segments; Fiber Foodservice Europe, Asia, and Oceania segment offer high-quality paperboard and molded fiber packaging for fresh food and beverages, the North America segment serves retail tableware, food service, and consumer goods packaging markets, and The flexible Packaging segment offer light and flexible packaging materials, pouches and labels for food and beverages, coffee packaging, pet food packaging, barrier packaging, retort pouches and packaging for healthcare products.

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