Atlantic Grupa dd (ZAG:ATGR) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is Atlantic Grupa dd Debt-to-Equity?

Atlantic Grupa dd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €88.7 Mil. Atlantic Grupa dd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €147.2 Mil. Atlantic Grupa dd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €454.4 Mil. Atlantic Grupa dd's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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 Atlantic Grupa dd's Debt-to-Equity or its related term are showing as below:

ZAG:ATGR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.58 Max: 1.34
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Atlantic Grupa dd was 1.34. The lowest was 0.26. And the median was 0.58.

ZAG:ATGR's Debt-to-Equity is ranked worse than
57.1% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs ZAG:ATGR: 0.52

Atlantic Grupa dd Debt-to-Equity Historical Data

The historical data trend for Atlantic Grupa dd'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.

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Atlantic Grupa dd Debt-to-Equity Chart

Atlantic Grupa dd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.49

0.39

0.26

0.34

0.50

Atlantic Grupa dd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.41	0.49	0.50	0.52

Competitive Comparison of Atlantic Grupa dd's Debt-to-Equity

For the Packaged Foods subindustry, Atlantic Grupa dd'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.

Atlantic Grupa dd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Atlantic Grupa dd's Debt-to-Equity distribution charts can be found below:

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

Atlantic Grupa dd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlantic Grupa dd's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(86.943	+	135.706)	/	445.223
	=	0.50

Atlantic Grupa dd's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(88.666	+	147.219)	/	454.441
	=	0.52

Atlantic Grupa dd (ZAG:ATGR) 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.

Atlantic Grupa dd Debt-to-Equity Related Terms

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

Atlantic Grupa dd (ZAG:ATGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Atlantic Grupa dd (ZAG:ATGR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miramarska 23, Zagreb, HRV, 10000

Website

https://www.atlanticgrupa.com

Atlantic Grupa dd is a Croatia based company engaged in the production and distribution of fast moving consumer goods. The company's strategic business unit products include coffee, beverages, Savoury Spreads, Snacks, Pharmacy, and Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The company sells its products in Croatia, and internationally of which the majority of the revenue is generated from sales made in Croatia and Serbia.

Atlantic Grupa dd (ZAG:ATGR) Headlines

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