Elisa Oyj (Elisa Oyj) Debt-to-Equity : 0.98 (As of Mar. 2024)

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What is Elisa Oyj Debt-to-Equity?

Elisa Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $298 Mil. Elisa Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,163 Mil. Elisa Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,486 Mil. Elisa Oyj's debt to equity for the quarter that ended in Mar. 2024 was 0.98.

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

ELMUY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 1.14 Max: 1.47
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Elisa Oyj was 1.47. The lowest was 0.36. And the median was 1.14.

ELMUY's Debt-to-Equity is ranked worse than
65.33% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs ELMUY: 0.98

Elisa Oyj Debt-to-Equity Historical Data

The historical data trend for Elisa 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.

Elisa Oyj Debt-to-Equity Chart

Elisa Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.08

1.21

1.11

1.09

1.06

Elisa Oyj 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															1.05	1.47	1.42	1.06	0.98

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

For the Telecom Services subindustry, Elisa 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.

Elisa Oyj's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Debt-to-Equity distribution charts can be found below:

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

Elisa Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elisa 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
	=	(330.425	+	1160.851)	/	1407.197
	=	1.06

Elisa Oyj'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
	=	(298.152	+	1162.609)	/	1485.652
	=	0.98

Elisa Oyj (GREY:ELMUY) 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.

Elisa Oyj Debt-to-Equity Related Terms

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Elisa Oyj (Elisa Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Elisa Oyj (GREY:ELMUY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0I8Y:UK ELISA:Finland EIA:Germany

Address

Ratavartijankatu 5, Helsinki, FIN, 00520

Website

https://www.elisa.com

Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cabletv subscriptions, Elisa Viihde entertainment service and Elisa Kirja e-reading service. The Corporate Customers segment provides corporate and public administration organisations with services such as IT and communication solutions for the digital environment as well as fixed and mobile subscriptions. Majority of revenue is generated from Consumer Customers segment. The company generates majority of its revenue in Finland.