UPM-Kymmene Oyj (UPM-Kymmene Oyj) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is UPM-Kymmene Oyj Debt-to-Equity?

UPM-Kymmene Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $321 Mil. UPM-Kymmene Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,230 Mil. UPM-Kymmene Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12,171 Mil. UPM-Kymmene Oyj's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

UPMKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.26 Max: 0.44
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of UPM-Kymmene Oyj was 0.44. The lowest was 0.08. And the median was 0.26.

UPMKF's Debt-to-Equity is ranked better than
64.15% of 265 companies
in the Forest Products industry
Industry Median: 0.5 vs UPMKF: 0.29

UPM-Kymmene Oyj Debt-to-Equity Historical Data

The historical data trend for UPM-Kymmene 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.

UPM-Kymmene Oyj Debt-to-Equity Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.13

0.22

0.24

0.39

0.29

UPM-Kymmene 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	Get a 7-Day Free Trial															0.39	0.29	0.32	0.29	0.29

Competitive Comparison of UPM-Kymmene Oyj's Debt-to-Equity

For the Paper & Paper Products subindustry, UPM-Kymmene 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.

UPM-Kymmene Oyj's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's Debt-to-Equity distribution charts can be found below:

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

UPM-Kymmene Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

UPM-Kymmene 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
	=	(320.611	+	3230.098)	/	12171.21
	=	0.29

UPM-Kymmene 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
	=	(320.611	+	3230.098)	/	12171.21
	=	0.29

UPM-Kymmene Oyj (OTCPK:UPMKF) 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.

UPM-Kymmene Oyj Debt-to-Equity Related Terms

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

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OTCPK:UPMKF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMh:UK 0NV5:UK UPM:Finland RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Headlines

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