Kesko Oyj (Kesko Oyj) Debt-to-Equity

: 1.01 (As of Dec. 2023)

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Kesko Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $490 Mil. Kesko Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,550 Mil. Kesko Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,008 Mil. Kesko Oyj's debt to equity for the quarter that ended in Dec. 2023 was 1.01.

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

KKOYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.96 Max: 1.5
Current: 1.01

During the past 13 years, the highest Debt-to-Equity Ratio of Kesko Oyj was 1.50. The lowest was 0.20. And the median was 0.96.

KKOYY's Debt-to-Equity is ranked worse than
63.04% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.65 vs KKOYY: 1.01

Kesko Oyj Debt-to-Equity Historical Data

The historical data trend for Kesko 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.

Kesko Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.50

1.20

0.91

0.88

1.01

Kesko Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.88	1.13	1.18	1.03	1.01

Competitive Comparison

For the Grocery Stores subindustry, Kesko 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.

Kesko Oyj Debt-to-Equity Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Debt-to-Equity distribution charts can be found below:

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

Kesko Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kesko 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
	=	(489.749	+	2549.509)	/	3008.07
	=	1.01

Kesko Oyj'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
	=	(489.749	+	2549.509)	/	3008.07
	=	1.01

Kesko Oyj (OTCPK:KKOYY) 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.

Kesko Oyj Debt-to-Equity Related Terms

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Kesko Oyj (Kesko Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kesko Oyj (OTCPK:KKOYY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KKOYF:USA KESKBh:UK 0BNT:UK KESKOB:Finland KESKOA:Finland KEK:Germany

Address

Tyopajankatu 12, Helsinki, FIN, 00580

Website

https://www.kesko.fi

Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj (Kesko Oyj) Headlines

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