Relais Group (OHEL:RELAIS) Debt-to-Equity : 1.38 (As of Mar. 2024)

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What is Relais Group Debt-to-Equity?

Relais Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €20.8 Mil. Relais Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €133.5 Mil. Relais Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €111.7 Mil. Relais Group's debt to equity for the quarter that ended in Mar. 2024 was 1.38.

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 Relais Group's Debt-to-Equity or its related term are showing as below:

OHEL:RELAIS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.88 Med: 1.46 Max: 5.87
Current: 1.38

During the past 9 years, the highest Debt-to-Equity Ratio of Relais Group was 5.87. The lowest was 0.88. And the median was 1.46.

OHEL:RELAIS's Debt-to-Equity is ranked worse than
83.45% of 1172 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs OHEL:RELAIS: 1.38

Relais Group Debt-to-Equity Historical Data

The historical data trend for Relais Group'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.

Relais Group Debt-to-Equity Chart

Relais Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.01

0.88

1.49

1.54

1.44

Relais Group Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															1.49	1.62	1.52	1.44	1.38

Competitive Comparison of Relais Group's Debt-to-Equity

For the Auto Parts subindustry, Relais Group'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.

Relais Group's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Relais Group's Debt-to-Equity distribution charts can be found below:

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

Relais Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Relais Group'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
	=	(20.805	+	138.265)	/	110.656
	=	1.44

Relais Group'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
	=	(20.773	+	133.504)	/	111.739
	=	1.38

Relais Group (OHEL:RELAIS) 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.

Relais Group Debt-to-Equity Related Terms

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

Relais Group (OHEL:RELAIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Relais Group PLC (OHEL:RELAIS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannerheimintie 105, Helsinki, FIN, 00280

Website

https://www.relais.fi

Relais Group PLC is engaged in the development of automotive electrical equipment and spare parts. The company operates through various brands comprising of Startax, Awimex, ABR, and Huzells. The company has two reportable segments involve Finland&Baltics and Scandinavia. The Finland&Baltics segment sells car spare parts, equipment and commercial vehicle repair and maintanance services through companies operating in Finland, Estonia and Latvia. The Scandinavia segment also sells car spare parts, equipment and commercial vehicle repair and maintanance services through its companies in Sweden, Norway and Denmark. Majority of revenue is derived from Scandinavia.

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