Stora Enso Oyj (Stora Enso Oyj) Debt-to-Equity : 0.48 (As of Mar. 2024)

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What is Stora Enso Oyj Debt-to-Equity?

Stora Enso Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $930 Mil. Stora Enso Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,683 Mil. Stora Enso Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $11,708 Mil. Stora Enso Oyj's debt to equity for the quarter that ended in Mar. 2024 was 0.48.

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

SEOAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.52 Max: 0.93
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Stora Enso Oyj was 0.93. The lowest was 0.31. And the median was 0.52.

SEOAY's Debt-to-Equity is ranked better than
51.7% of 265 companies
in the Forest Products industry
Industry Median: 0.51 vs SEOAY: 0.47

Stora Enso Oyj Debt-to-Equity Historical Data

The historical data trend for Stora Enso 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.

Stora Enso Oyj Debt-to-Equity Chart

Stora Enso Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.54

0.36

0.31

0.47

Stora Enso Oyj 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															0.37	0.46	0.48	0.47	0.48

Competitive Comparison of Stora Enso Oyj's Debt-to-Equity

For the Paper & Paper Products subindustry, Stora Enso 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.

Stora Enso Oyj's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stora Enso Oyj's Debt-to-Equity distribution charts can be found below:

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

Stora Enso Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stora Enso 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
	=	(824.427	+	4847.328)	/	11979.28
	=	0.47

Stora Enso Oyj'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
	=	(930.435	+	4682.609)	/	11707.609
	=	0.48

Stora Enso Oyj (OTCPK:SEOAY) 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.

Stora Enso Oyj Debt-to-Equity Related Terms

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Stora Enso Oyj (Stora Enso Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stora Enso Oyj (OTCPK:SEOAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SEOJF:USA STE R:Sweden STE A:Sweden STERVh:UK 0KCK:UK 0CXC:UK STERV:Finland STEAV:Finland ENUR:Germany

Address

P.O. Box 309, Helsinki, FIN, FI-00101

Website

https://www.storaenso.com

Stora Enso Oyj company develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by leading brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.