Afarak Group SE (OHEL:AFAGR) Debt-to-Equity : 0.02 (As of Dec. 2022)

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What is Afarak Group SE Debt-to-Equity?

Afarak Group SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €1.8 Mil. Afarak Group SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €0.4 Mil. Afarak Group SE's Total Stockholders Equity for the quarter that ended in Dec. 2022 was €105.7 Mil. Afarak Group SE's debt to equity for the quarter that ended in Dec. 2022 was 0.02.

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

OHEL:AFAGR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 1.79
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Afarak Group SE was 1.79. The lowest was 0.02. And the median was 0.08.

OHEL:AFAGR's Debt-to-Equity is ranked better than
75.21% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs OHEL:AFAGR: 0.03

Afarak Group SE Debt-to-Equity Historical Data

The historical data trend for Afarak Group SE'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.

Afarak Group SE Debt-to-Equity Chart

Afarak Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.90

1.79

0.87

0.02

0.03

Afarak Group SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.87	0.20	0.02	0.03

Competitive Comparison of Afarak Group SE's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Afarak Group SE'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.

Afarak Group SE's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Afarak Group SE's Debt-to-Equity distribution charts can be found below:

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

Afarak Group SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Afarak Group SE'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
	=	(2.766	+	0.32)	/	106.047
	=	0.03

Afarak Group SE's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(1.789	+	0.403)	/	105.707
	=	0.02

Afarak Group SE (OHEL:AFAGR) 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.

Afarak Group SE Debt-to-Equity Related Terms

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

Afarak Group SE (OHEL:AFAGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Afarak Group SE (OHEL:AFAGR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Kaisaniemenkatu 4, Helsinki, FIN, 00100

Website

https://www.afarak.com

Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

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