Essity AB (OSTO:ESSITY B) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Essity AB Debt-to-Equity?

Essity AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Essity AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Essity AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr81,717 Mil. Essity AB's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

OSTO:ESSITY B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 0.95 Max: 1.27
Current: 0.68

During the past 11 years, the highest Debt-to-Equity Ratio of Essity AB was 1.27. The lowest was 0.76. And the median was 0.95.

OSTO:ESSITY B's Debt-to-Equity is ranked worse than
65.65% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs OSTO:ESSITY B: 0.68

Essity AB Debt-to-Equity Historical Data

The historical data trend for Essity 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.

Essity AB Debt-to-Equity Chart

Essity AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.94

0.84

0.95

0.99

0.79

Essity 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															-	-	-	0.79	-

Competitive Comparison of Essity AB's Debt-to-Equity

For the Household & Personal Products subindustry, Essity 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.

Essity AB's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Essity AB's Debt-to-Equity distribution charts can be found below:

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

Essity AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Essity AB'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
	=	(13433	+	42387)	/	70846
	=	0.79

Essity AB'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
	=	(0	+	0)	/	81717
	=	0.00

Essity AB (OSTO:ESSITY B) 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.

Essity AB Debt-to-Equity Related Terms

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

Essity AB (OSTO:ESSITY B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Essity AB (OSTO:ESSITY B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ETTYF:USA ESSITY A:Sweden ESSIBs:UK 0RQD:UK ESWB:Germany

Address

Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23

Website

https://www.essity.com

Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine-care, baby-care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for 7% of net sales in fiscal 2021. Essity operates in 150 markets and generates over 50% of its revenue in Europe, although it also maintains significant exposure to emerging markets (38% of net sales in 2021).

Essity AB (OSTO:ESSITY B) Headlines

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