Miko NV (XBRU:MIKO) Debt-to-Equity : 0.51 (As of Jun. 2023)

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What is Miko NV Debt-to-Equity?

Miko NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €11.3 Mil. Miko NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €59.5 Mil. Miko NV's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €138.8 Mil. Miko NV's debt to equity for the quarter that ended in Jun. 2023 was 0.51.

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

XBRU:MIKO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.54 Max: 0.88
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Miko NV was 0.88. The lowest was 0.33. And the median was 0.54.

XBRU:MIKO's Debt-to-Equity is ranked worse than
56.19% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XBRU:MIKO: 0.51

Miko NV Debt-to-Equity Historical Data

The historical data trend for Miko 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.

Miko NV Debt-to-Equity Chart

Miko NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.80

0.78

0.73

0.44

0.42

Miko NV Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.44	0.42	0.42	0.51

Competitive Comparison of Miko NV's Debt-to-Equity

For the Packaged Foods subindustry, Miko 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.

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

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

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

Miko NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Miko NV's Debt to Equity Ratio for the fiscal year 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
	=	(12.525	+	47.127)	/	142.878
	=	0.42

Miko NV's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(11.267	+	59.477)	/	138.823
	=	0.51

Miko NV (XBRU:MIKO) 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.

Miko NV Debt-to-Equity Related Terms

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

Miko NV (XBRU:MIKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Miko NV (XBRU:MIKO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Steenweg op Mol 177, Turnhout, BEL, B-2300

Website

https://www.mikocoffee.com

Miko NV is involved in the business of producing and distributing coffee and plastic packaging. The company also manages its subsidiaries in European countries and Australia as well as sells its coffee concepts via independent distributors in countries across Europe and beyond. The various national subsidiaries within the coffee division all focus on the market segments of office coffee, the hospitality sector and health care. It mainly operates in Belgium, England, Germany, New Zealand, France and others.

Miko NV (XBRU:MIKO) Headlines

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