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Orkla ASA (Orkla ASA) Debt-to-Equity : 0.45 (As of Dec. 2023)


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What is Orkla ASA Debt-to-Equity?

Orkla ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $314 Mil. Orkla ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,628 Mil. Orkla ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,291 Mil. Orkla ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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

ORKLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.28   Max: 0.45
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Orkla ASA was 0.45. The lowest was 0.15. And the median was 0.28.

ORKLY's Debt-to-Equity is ranked worse than
52.56% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs ORKLY: 0.45

Orkla ASA Debt-to-Equity Historical Data

The historical data trend for Orkla ASA'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.

Orkla ASA Debt-to-Equity Chart

Orkla ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.27 0.37 0.45 0.45

Orkla ASA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.48 0.56 0.48 0.45

Competitive Comparison of Orkla ASA's Debt-to-Equity

For the Packaged Foods subindustry, Orkla ASA'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.


Orkla ASA's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



Orkla ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orkla ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Orkla ASA's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Orkla ASA  (OTCPK:ORKLY) 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.


Orkla ASA Debt-to-Equity Related Terms

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


Orkla ASA (Orkla ASA) Business Description

Address
Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

Orkla ASA (Orkla ASA) Headlines

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