Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Debt-to-Equity : 0.54 (As of Feb. 2024)

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What is Olgeroin Egill Skallagrimsson hf Debt-to-Equity?

Olgeroin Egill Skallagrimsson hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was kr2,717 Mil. Olgeroin Egill Skallagrimsson hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was kr4,562 Mil. Olgeroin Egill Skallagrimsson hf's Total Stockholders Equity for the quarter that ended in Feb. 2024 was kr13,431 Mil. Olgeroin Egill Skallagrimsson hf's debt to equity for the quarter that ended in Feb. 2024 was 0.54.

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

OISE:OLGERD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 1.22 Max: 1.86
Current: 0.54

During the past 6 years, the highest Debt-to-Equity Ratio of Olgeroin Egill Skallagrimsson hf was 1.86. The lowest was 0.54. And the median was 1.22.

OISE:OLGERD's Debt-to-Equity is ranked worse than
61.54% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs OISE:OLGERD: 0.54

Olgeroin Egill Skallagrimsson hf Debt-to-Equity Historical Data

The historical data trend for Olgeroin Egill Skallagrimsson 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.

Olgeroin Egill Skallagrimsson hf Debt-to-Equity Chart

Olgeroin Egill Skallagrimsson hf Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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1.86

1.55

1.22

0.84

0.54

Olgeroin Egill Skallagrimsson hf Quarterly Data
	Feb19	Feb20	Feb21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial									0.84	0.87	0.67	0.57	0.54

Competitive Comparison of Olgeroin Egill Skallagrimsson hf's Debt-to-Equity

For the Beverages - Brewers subindustry, Olgeroin Egill Skallagrimsson 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.

Olgeroin Egill Skallagrimsson hf's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Olgeroin Egill Skallagrimsson hf's Debt-to-Equity distribution charts can be found below:

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

Olgeroin Egill Skallagrimsson hf Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olgeroin Egill Skallagrimsson 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
	=	(2716.735	+	4562.275)	/	13430.742
	=	0.54

Olgeroin Egill Skallagrimsson 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
	=	(2716.735	+	4562.275)	/	13430.742
	=	0.54

Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) 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.

Olgeroin Egill Skallagrimsson hf Debt-to-Equity Related Terms

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Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grjothals 7-11, Reykjavík, ISL, 110

Website

https://www.olgerdin.is

Olgeroin Egill Skallagrimsson hf produces, imports, distributes and sells beverages and food all over the country.

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