Componenta Oyj (OHEL:CTH1V) Debt-to-Equity : 0.56 (As of Dec. 2023)

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What is Componenta Oyj Debt-to-Equity?

Componenta Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.1 Mil. Componenta Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.3 Mil. Componenta Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €25.6 Mil. Componenta Oyj's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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

OHEL:CTH1V' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.94 Med: 0.61 Max: 21.92
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Componenta Oyj was 21.92. The lowest was -0.94. And the median was 0.61.

OHEL:CTH1V's Debt-to-Equity is ranked worse than
69.49% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs OHEL:CTH1V: 0.56

Componenta Oyj Debt-to-Equity Historical Data

The historical data trend for Componenta 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.

Componenta Oyj Debt-to-Equity Chart

Componenta Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.92

0.65

0.51

0.56

Componenta Oyj Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.51	0.48	0.56	0.58	0.56

Competitive Comparison of Componenta Oyj's Debt-to-Equity

For the Metal Fabrication subindustry, Componenta 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.

Componenta Oyj's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Componenta Oyj's Debt-to-Equity distribution charts can be found below:

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

Componenta Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Componenta 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
	=	(3.08	+	11.294)	/	25.55
	=	0.56

Componenta 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
	=	(3.08	+	11.294)	/	25.55
	=	0.56

Componenta Oyj (OHEL:CTH1V) 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.

Componenta Oyj Debt-to-Equity Related Terms

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Componenta Oyj (OHEL:CTH1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Componenta Oyj (OHEL:CTH1V) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1CA0:Germany

Address

Teknobulevardi 7, Vantaa, FIN, FI-01530

Website

https://www.componenta.com

Componenta Oyj is a Finland-based company that manufactures cast and machined metal components, forged blanks, pipe products, and metal sheet cuttings. It provides services throughout the supply chain, including procedure design, casting, machining, metal sheet cutting, pipe products, forged blanks, surface treatments, and logistics services, thus creating value-added total solutions for customers. Geographic areas are Finland, Germany, Sweden, and other European countries, and the majority of the revenue comes from Finland.

Componenta Oyj (OHEL:CTH1V) Headlines

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