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Saga Furs Oyj (OHEL:SAGCV) Debt-to-Equity : 0.13 (As of Oct. 2023)


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What is Saga Furs Oyj Debt-to-Equity?

Saga Furs Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €8.28 Mil. Saga Furs Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €3.35 Mil. Saga Furs Oyj's Total Stockholders Equity for the quarter that ended in Oct. 2023 was €88.85 Mil. Saga Furs Oyj's debt to equity for the quarter that ended in Oct. 2023 was 0.13.

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

OHEL:SAGCV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.62   Max: 1.04
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Saga Furs Oyj was 1.04. The lowest was 0.13. And the median was 0.62.

OHEL:SAGCV's Debt-to-Equity is ranked better than
77.56% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs OHEL:SAGCV: 0.13

Saga Furs Oyj Debt-to-Equity Historical Data

The historical data trend for Saga Furs 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.

Saga Furs Oyj Debt-to-Equity Chart

Saga Furs Oyj Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 1.02 0.17 0.24 0.13

Saga Furs Oyj Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.17 0.30 0.24 0.11 0.13

Competitive Comparison of Saga Furs Oyj's Debt-to-Equity

For the Textile Manufacturing subindustry, Saga Furs 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.


Saga Furs Oyj's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saga Furs Oyj's Debt-to-Equity distribution charts can be found below:

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



Saga Furs Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saga Furs Oyj's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Saga Furs Oyj's Debt to Equity Ratio for the quarter that ended in Oct. 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.


Saga Furs Oyj  (OHEL:SAGCV) 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.


Saga Furs Oyj Debt-to-Equity Related Terms

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Saga Furs Oyj (OHEL:SAGCV) Business Description

Traded in Other Exchanges
N/A
Address
Martinkylantie 48, Vantaa, FIN, 01720
Saga Furs Oyj is a fur auction company.

Saga Furs Oyj (OHEL:SAGCV) Headlines

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