Hagar hf (OISE:HAGA) Debt-to-Equity : 1.04 (As of Feb. 2024)

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What is Hagar hf Debt-to-Equity?

Hagar hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was kr8,397 Mil. Hagar hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was kr20,946 Mil. Hagar hf's Total Stockholders Equity for the quarter that ended in Feb. 2024 was kr28,188 Mil. Hagar hf's debt to equity for the quarter that ended in Feb. 2024 was 1.04.

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 Hagar hf's Debt-to-Equity or its related term are showing as below:

OISE:HAGA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.66 Max: 1.04
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Hagar hf was 1.04. The lowest was 0.17. And the median was 0.66.

OISE:HAGA's Debt-to-Equity is ranked worse than
65.59% of 279 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs OISE:HAGA: 1.04

Hagar hf Debt-to-Equity Historical Data

The historical data trend for Hagar hf'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.

Hagar hf Debt-to-Equity Chart

Hagar hf Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.98

0.87

0.79

0.87

1.04

Hagar hf Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.87	0.92	0.97	1.05	1.04

Competitive Comparison of Hagar hf's Debt-to-Equity

For the Grocery Stores subindustry, Hagar hf'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.

Hagar hf's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Hagar hf's Debt-to-Equity distribution charts can be found below:

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

Hagar hf Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hagar hf's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(8397	+	20946)	/	28188
	=	1.04

Hagar hf's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(8397	+	20946)	/	28188
	=	1.04

Hagar hf (OISE:HAGA) 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.

Hagar hf Debt-to-Equity Related Terms

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Hagar hf (OISE:HAGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Hagar hf (OISE:HAGA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hagasmari 1, Kopavogur, ISL, 201

Website

http://www.hagar.is

Hagar hf is a retail company located in Iceland. The company with its subsidiaries operate stores within retail chains as well as warehouses. It also operates specialty product division within Hagkaup grocery retailer and several specialty stores offering lifestyle and retail brands. The firm mainly operates in grocery sector and owns Hagkaup and Bonus grocery retailers and also support service companies in the fields of purchasing and distribution.

Hagar hf (OISE:HAGA) Headlines

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