Vilniaus Baldai AB (OVSE:VBL1L) Debt-to-Equity : 1.09 (As of Feb. 2024)

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What is Vilniaus Baldai AB Debt-to-Equity?

Vilniaus Baldai AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €3.9 Mil. Vilniaus Baldai AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €34.0 Mil. Vilniaus Baldai AB's Total Stockholders Equity for the quarter that ended in Feb. 2024 was €34.8 Mil. Vilniaus Baldai AB's debt to equity for the quarter that ended in Feb. 2024 was 1.09.

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 Vilniaus Baldai AB's Debt-to-Equity or its related term are showing as below:

OVSE:VBL1L' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 1.06 Max: 1.96
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of Vilniaus Baldai AB was 1.96. The lowest was 0.01. And the median was 1.06.

OVSE:VBL1L's Debt-to-Equity is ranked worse than
85.6% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs OVSE:VBL1L: 1.09

Vilniaus Baldai AB Debt-to-Equity Historical Data

The historical data trend for Vilniaus Baldai AB'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.

Vilniaus Baldai AB Debt-to-Equity Chart

Vilniaus Baldai AB Annual Data

Trend

Dec13

Dec14

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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1.03

1.67

1.74

1.56

1.45

Vilniaus Baldai AB 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															1.64	1.51	1.45	1.23	1.09

Competitive Comparison of Vilniaus Baldai AB's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Vilniaus Baldai AB'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.

Vilniaus Baldai AB's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vilniaus Baldai AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vilniaus Baldai AB's Debt-to-Equity falls into.

Vilniaus Baldai AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vilniaus Baldai AB's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(6.678	+	34.076)	/	28.122
	=	1.45

Vilniaus Baldai AB'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
	=	(3.868	+	33.963)	/	34.824
	=	1.09

Vilniaus Baldai AB (OVSE:VBL1L) 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.

Vilniaus Baldai AB Debt-to-Equity Related Terms

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Vilniaus Baldai AB (OVSE:VBL1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vilniaus Baldai AB (OVSE:VBL1L) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pramones street 23, Guopstu k., Traku r., Vilnius, LTU, 21148

Website

https://www.vilniausbaldai.lt

Vilniaus Baldai AB is a Lithuania-based manufacturer of lightweight construction cabinet furniture. It operates in one segment that is furniture which includes sales of raw materials and finished production. It derives the majority of its revenue from the sale of furniture in the European Union countries followed by non-European Union countries and Lithuania.

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