Panostaja Oyj (OHEL:PNA1V) Debt-to-Equity : 1.76 (As of Oct. 2023)

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What is Panostaja Oyj Debt-to-Equity?

Panostaja Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €14.6 Mil. Panostaja Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €42.8 Mil. Panostaja Oyj's Total Stockholders Equity for the quarter that ended in Oct. 2023 was €32.5 Mil. Panostaja Oyj's debt to equity for the quarter that ended in Oct. 2023 was 1.76.

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

OHEL:PNA1V' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.49 Med: 1.93 Max: 3.66
Current: 1.76

During the past 13 years, the highest Debt-to-Equity Ratio of Panostaja Oyj was 3.66. The lowest was 1.49. And the median was 1.93.

OHEL:PNA1V's Debt-to-Equity is ranked worse than
85.13% of 928 companies
in the Business Services industry
Industry Median: 0.38 vs OHEL:PNA1V: 1.76

Panostaja Oyj Debt-to-Equity Historical Data

The historical data trend for Panostaja 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.

Panostaja Oyj Debt-to-Equity Chart

Panostaja Oyj Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

Get a 7-Day Free Trial

1.49

2.41

1.91

1.65

1.76

Panostaja Oyj Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															1.91	-	1.65	-	1.76

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

For the Specialty Business Services subindustry, Panostaja 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.

Panostaja Oyj's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Panostaja Oyj's Debt-to-Equity distribution charts can be found below:

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

Panostaja Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Panostaja Oyj's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(14.629	+	42.775)	/	32.535
	=	1.76

Panostaja Oyj's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(14.629	+	42.775)	/	32.535
	=	1.76

Panostaja Oyj (OHEL:PNA1V) 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.

Panostaja Oyj Debt-to-Equity Related Terms

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

Panostaja Oyj (OHEL:PNA1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Panostaja Oyj (OHEL:PNA1V) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kalevantie 2, Tampere, FIN, 33100

Website

https://www.panostaja.fi

Panostaja Oyj is a Finland-based investment company. Its business segments are Grano, Hygga, CoreHW, Carrot, Oscar Software, and Others. The majority of the revenue is generated from the Grano segment which is into printing services as well as digital marketing and content services.

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