NoHo Partners Oyj (LTS:0QI6) Debt-to-Equity : 4.62 (As of Dec. 2023)

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What is NoHo Partners Oyj Debt-to-Equity?

NoHo Partners Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €81.1 Mil. NoHo Partners Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €279.5 Mil. NoHo Partners Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €78.0 Mil. NoHo Partners Oyj's debt to equity for the quarter that ended in Dec. 2023 was 4.62.

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 NoHo Partners Oyj's Debt-to-Equity or its related term are showing as below:

LTS:0QI6' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.73 Med: 1.94 Max: 5.1
Current: 4.62

During the past 12 years, the highest Debt-to-Equity Ratio of NoHo Partners Oyj was 5.10. The lowest was 0.73. And the median was 1.94.

LTS:0QI6's Debt-to-Equity is ranked worse than
89.44% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs LTS:0QI6: 4.62

NoHo Partners Oyj Debt-to-Equity Historical Data

The historical data trend for NoHo Partners Oyj'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.

NoHo Partners Oyj Debt-to-Equity Chart

NoHo Partners Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.10

4.21

5.10

3.96

4.62

NoHo Partners Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															3.96	2.26	2.68	2.81	4.62

Competitive Comparison of NoHo Partners Oyj's Debt-to-Equity

For the Restaurants subindustry, NoHo Partners Oyj'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.

NoHo Partners Oyj's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, NoHo Partners Oyj's Debt-to-Equity distribution charts can be found below:

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

NoHo Partners Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NoHo Partners Oyj'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
	=	(81.1	+	279.5)	/	78
	=	4.62

NoHo Partners Oyj's Debt to Equity Ratio for the quarter 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
	=	(81.1	+	279.5)	/	78
	=	4.62

NoHo Partners Oyj (LTS:0QI6) 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.

NoHo Partners Oyj Debt-to-Equity Related Terms

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NoHo Partners Oyj (LTS:0QI6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » NoHo Partners Oyj (LTS:0QI6) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NOHO:Finland

Address

Hatanpaan valtatie 1 B, Tampere, FIN, FI-33100

Website

https://www.noho.fi

NoHo Partners Oyj is a Finnish company engaged in the production of restaurant services and labor-hire services. It operates restaurants, cafes, and nightclubs throughout Finland. The partner group includes approximately 250 restaurants in Finland, Denmark, and Norway. Well-known restaurant concepts of the company include Elite, Savoy, Teatteri, Yes Yes Yes, Stefan's Steakhouse, Palace, Loyly, Hanko Sushi, Friends and Brgrs, and Cock's and Cows. It has two segments Finnish operations and International business.

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