Algreen (XPAR:ALGRE) Debt-to-Equity : 1.12 (As of Sep. 2023)

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What is Algreen Debt-to-Equity?

Algreen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.00 Mil. Algreen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €6.52 Mil. Algreen's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €5.82 Mil. Algreen's debt to equity for the quarter that ended in Sep. 2023 was 1.12.

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

XPAR:ALGRE' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.04 Med: 0.85 Max: 1.79
Current: 1.12

During the past 5 years, the highest Debt-to-Equity Ratio of Algreen was 1.79. The lowest was -7.04. And the median was 0.85.

XPAR:ALGRE's Debt-to-Equity is ranked worse than
67.5% of 280 companies
in the Retail - Defensive industry
Industry Median: 0.61 vs XPAR:ALGRE: 1.12

Algreen Debt-to-Equity Historical Data

The historical data trend for Algreen'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.

Algreen Debt-to-Equity Chart

Algreen Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

-2.12

0.47

1.77

-7.04

1.09

Algreen Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				1.09	1.79	0.62	0.85	1.12

Competitive Comparison of Algreen's Debt-to-Equity

For the Food Distribution subindustry, Algreen'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.

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

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

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

Algreen Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Algreen's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0.001	+	1.51)	/	1.385
	=	1.09

Algreen's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	6.52)	/	5.823
	=	1.12

Algreen (XPAR:ALGRE) 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.

Algreen Debt-to-Equity Related Terms

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

Algreen (XPAR:ALGRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Algreen (XPAR:ALGRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dieu 9 Rue des cuirassiers, Wellio Lyon Part, Lyon, FRA, 69003

Website

http://www.lestoquesblanchesdumonde.com

Algreen engages in the distribution of food products. It specializes in multi-activity agrifood with a strategy of integrating companies, industries, and brands within the same group while favoring traditional and innovative SMEs.

Algreen (XPAR:ALGRE) Headlines

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