Ontex Group NV (Ontex Group NV) Debt-to-Equity : 0.92 (As of Dec. 2023)

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What is Ontex Group NV Debt-to-Equity?

Ontex Group NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $154.0 Mil. Ontex Group NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $732.6 Mil. Ontex Group NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $959.2 Mil. Ontex Group NV's debt to equity for the quarter that ended in Dec. 2023 was 0.92.

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

ONXXF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 0.84 Max: 1.21
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Ontex Group NV was 1.21. The lowest was 0.69. And the median was 0.84.

ONXXF's Debt-to-Equity is ranked worse than
75.76% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.405 vs ONXXF: 0.92

Ontex Group NV Debt-to-Equity Historical Data

The historical data trend for Ontex Group NV'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.

Ontex Group NV Debt-to-Equity Chart

Ontex Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.79

1.13

0.89

1.21

0.92

Ontex Group NV Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.21	0.95	N/A	0.92

Competitive Comparison of Ontex Group NV's Debt-to-Equity

For the Household & Personal Products subindustry, Ontex Group NV'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.

Ontex Group NV's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Ontex Group NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ontex Group NV'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
	=	(153.98	+	732.606)	/	959.215
	=	0.92

Ontex Group NV's Debt to Equity Ratio for the quarter 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
	=	(153.98	+	732.606)	/	959.215
	=	0.92

Ontex Group NV (OTCPK:ONXXF) 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.

Ontex Group NV Debt-to-Equity Related Terms

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

Ontex Group NV (Ontex Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ontex Group NV (OTCPK:ONXXF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ONTEXb:UK 0QVQ:UK OT7:Germany ONTEX:Belgium ONTX:Austria

Address

Korte Keppestraat 21, Erembodegem, Aalst, BEL, 9320

Website

https://www.ontex.com

Ontex Group NV is an international producer of personal-hygiene solutions offered in Europe, Russia, the Middle East, North Africa, and the Americas. Its main business segments are baby care, feminine care, and adult care. Baby care offers mainly diapers and training underpants under a variety of brands: at a lower price point, Canbebe is offered across the Middle East and Africa; Helen Harper Baby is offered across Eastern Europe, Russia, and Africa; ecological diapers such as Bio Baby are offered across Germany; and the Kiddies brand is offered in Mexico. Feminine Care offers towels, liners, and tampons under the Helen Harper and Fiore brands. Adult Care offers incontinence products, pull-up pants, and adult diapers under the Serenity, Id, Canped, and Euron brands.

Ontex Group NV (Ontex Group NV) Headlines

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