Kreate Group (OHEL:KREATE) Debt-to-Equity : 0.82 (As of Mar. 2024)

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What is Kreate Group Debt-to-Equity?

Kreate Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €6.7 Mil. Kreate Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €28.3 Mil. Kreate Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €42.5 Mil. Kreate Group's debt to equity for the quarter that ended in Mar. 2024 was 0.82.

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 Kreate Group's Debt-to-Equity or its related term are showing as below:

OHEL:KREATE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66 Med: 0.96 Max: 1.35
Current: 0.82

During the past 4 years, the highest Debt-to-Equity Ratio of Kreate Group was 1.35. The lowest was 0.66. And the median was 0.96.

OHEL:KREATE's Debt-to-Equity is ranked worse than
69.89% of 1511 companies
in the Construction industry
Industry Median: 0.44 vs OHEL:KREATE: 0.82

Kreate Group Debt-to-Equity Historical Data

The historical data trend for Kreate Group'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.

Kreate Group Debt-to-Equity Chart

Kreate Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.35

0.66

1.00

0.94

Kreate Group Quarterly Data
	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											0.99	1.16	0.99	0.94	0.82

Competitive Comparison of Kreate Group's Debt-to-Equity

For the Engineering & Construction subindustry, Kreate Group'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.

Kreate Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kreate Group's Debt-to-Equity distribution charts can be found below:

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

Kreate Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kreate Group'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
	=	(10.967	+	29.36)	/	42.77
	=	0.94

Kreate Group'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
	=	(6.7	+	28.3)	/	42.5
	=	0.82

Kreate Group (OHEL:KREATE) 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.

Kreate Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kreate Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kreate Group (OHEL:KREATE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kreate Group PLC (OHEL:KREATE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haarakaari 42, Tuusula, FIN, 04360

Website

https://www.kreate.fi

Kreate Group PLC provides solutions for bridges, roads, and tracks, environmental and foundation construction. The services of the company include Bridge construction and repair, Circular economy, Foundation and concrete construction, Rock engineering, Special foundation construction, and Transport infrastructure construction. The company has one operating segment: Infrastructure Construction.

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