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Utenos Trikotazas AB (LTS:0IYO) Debt-to-Equity : 14.77 (As of Mar. 2024)


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What is Utenos Trikotazas AB Debt-to-Equity?

Utenos Trikotazas AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3.16 Mil. Utenos Trikotazas AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3.94 Mil. Utenos Trikotazas AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €0.48 Mil. Utenos Trikotazas AB's debt to equity for the quarter that ended in Mar. 2024 was 14.77.

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 Utenos Trikotazas AB's Debt-to-Equity or its related term are showing as below:

LTS:0IYO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 0.57   Max: 14.77
Current: 14.77

During the past 13 years, the highest Debt-to-Equity Ratio of Utenos Trikotazas AB was 14.77. The lowest was 0.29. And the median was 0.57.

LTS:0IYO's Debt-to-Equity is ranked worse than
99.57% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs LTS:0IYO: 14.77

Utenos Trikotazas AB Debt-to-Equity Historical Data

The historical data trend for Utenos Trikotazas AB'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.

Utenos Trikotazas AB Debt-to-Equity Chart

Utenos Trikotazas AB 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 0.37 0.40 0.90 1.71 3.80

Utenos Trikotazas AB 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 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 1.78 2.00 2.58 3.80 14.77

Competitive Comparison of Utenos Trikotazas AB's Debt-to-Equity

For the Apparel Manufacturing subindustry, Utenos Trikotazas AB'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.


Utenos Trikotazas AB's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Utenos Trikotazas AB's Debt-to-Equity distribution charts can be found below:

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



Utenos Trikotazas AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Utenos Trikotazas AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Utenos Trikotazas AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Utenos Trikotazas AB  (LTS:0IYO) 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.


Utenos Trikotazas AB Debt-to-Equity Related Terms

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Utenos Trikotazas AB (LTS:0IYO) Business Description

Traded in Other Exchanges
Address
J. Basanaviciaus Street 122, Utena, LTU, LT-28214
Utenos Trikotažas AB is a client-oriented certified jersey producer company. It operates through two main business areas which are a Production of Knitted Articles and Production of Working Clothes. The company derives maximum revenue from the production of knitted articles segment.

Utenos Trikotazas AB (LTS:0IYO) Headlines

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