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Daios Plastic (ATH:DAIOS) Debt-to-Equity : 1.34 (As of Jun. 2023)


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What is Daios Plastic Debt-to-Equity?

Daios Plastic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €2.50 Mil. Daios Plastic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €67.31 Mil. Daios Plastic's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €52.13 Mil. Daios Plastic's debt to equity for the quarter that ended in Jun. 2023 was 1.34.

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 Daios Plastic's Debt-to-Equity or its related term are showing as below:

ATH:DAIOS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.34   Med: 5.67   Max: 9.72
Current: 1.34

During the past 12 years, the highest Debt-to-Equity Ratio of Daios Plastic was 9.72. The lowest was 1.34. And the median was 5.67.

ATH:DAIOS's Debt-to-Equity is ranked worse than
90.24% of 1394 companies
in the Chemicals industry
Industry Median: 0.355 vs ATH:DAIOS: 1.34

Daios Plastic Debt-to-Equity Historical Data

The historical data trend for Daios Plastic'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.

Daios Plastic Debt-to-Equity Chart

Daios Plastic Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 3.54 3.99 2.72 1.35

Daios Plastic 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.05 2.72 2.64 1.35 1.34

Competitive Comparison of Daios Plastic's Debt-to-Equity

For the Specialty Chemicals subindustry, Daios Plastic'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.


Daios Plastic's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daios Plastic's Debt-to-Equity distribution charts can be found below:

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



Daios Plastic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daios Plastic's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Daios Plastic's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.


Daios Plastic  (ATH:DAIOS) 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.


Daios Plastic Debt-to-Equity Related Terms

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


Daios Plastic (ATH:DAIOS) Business Description

Traded in Other Exchanges
N/A
Address
12th klm Veroia, Naousa, GRC, 59200
Daios Plastic SA manufactures and supplies plastic sheeting and polythene pipes for agricultural purposes. The company's products include Soft Fruit Protection/Safe-D, Greenhouse films, Special Films for Greenhouses, Asparagus films, Low-tunnels and Mulch films.

Daios Plastic (ATH:DAIOS) Headlines

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