Stara Planina Holding AD (XBUL:SPH) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Stara Planina Holding AD Debt-to-Equity?

Stara Planina Holding AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв1.8 Mil. Stara Planina Holding AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв0.8 Mil. Stara Planina Holding AD's Total Stockholders Equity for the quarter that ended in Sep. 2023 was лв133.6 Mil. Stara Planina Holding AD's debt to equity for the quarter that ended in Sep. 2023 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 Stara Planina Holding AD's Debt-to-Equity or its related term are showing as below:

XBUL:SPH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.06
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Stara Planina Holding AD was 0.06. The lowest was 0.01. And the median was 0.02.

XBUL:SPH's Debt-to-Equity is ranked better than
93.82% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs XBUL:SPH: 0.02

Stara Planina Holding AD Debt-to-Equity Historical Data

The historical data trend for Stara Planina Holding AD'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.

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Stara Planina Holding AD Debt-to-Equity Chart

Stara Planina Holding AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.01

0.02

Stara Planina Holding AD Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.02	0.06	0.06	0.02

Competitive Comparison of Stara Planina Holding AD's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Stara Planina Holding AD'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.

Stara Planina Holding AD's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stara Planina Holding AD's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Stara Planina Holding AD's Debt-to-Equity falls into.

Stara Planina Holding AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stara Planina Holding AD'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
	=	(1.013	+	1.051)	/	127.676
	=	0.02

Stara Planina Holding AD's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.81	+	0.844)	/	133.619
	=	0.02

Stara Planina Holding AD (XBUL:SPH) 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.

Stara Planina Holding AD Debt-to-Equity Related Terms

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Stara Planina Holding AD (XBUL:SPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stara Planina Holding AD (XBUL:SPH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20, Frederic Joliot-Curie Street, 9th Floor, Sofia, BGR, 1113

Website

https://www.sphold.com

Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation and sale of shareholdings in Bulgarian and foreign companies; acquisition, management and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry and Financial.