Dromeas Office Furniture Industry (ATH:DROME) Debt-to-Equity: 0.00 (As of . 20)

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What is Dromeas Office Furniture Industry Debt-to-Equity?

Dromeas Office Furniture Industry ATH:DROME +4.10% Debt-to-Equity is 0.00 as of . 20.

Dromeas Office Furniture Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was €0.00 Mil. Dromeas Office Furniture Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was €0.00 Mil. Dromeas Office Furniture Industry's Total Stockholders Equity for the quarter that ended in . 20 was €0.00 Mil.

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 Dromeas Office Furniture Industry's Debt-to-Equity or its related term are showing as below:

ATH:DROME's Debt-to-Equity is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.31
* Ranked among companies with meaningful Debt-to-Equity only.

Dromeas Office Furniture Industry  (ATH:DROME) 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.

Dromeas Office Furniture Industry Debt-to-Equity Related Terms

Dromeas Office Furniture Industry Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Dromeas Office Furniture Industry'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.

Dromeas Office Furniture Industry Debt-to-Equity Chart

Dromeas Office Furniture Industry Annual Data
Trend
Debt-to-Equity

Dromeas Office Furniture Industry Quarterly Data
Debt-to-Equity

Dromeas Office Furniture Industry Debt-to-Equity Competitor Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dromeas Office Furniture Industry'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.

Dromeas Office Furniture Industry Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dromeas Office Furniture Industry's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dromeas Office Furniture Industry's Debt-to-Equity falls into.


Dromeas Office Furniture Industry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dromeas Office Furniture Industry's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Dromeas Office Furniture Industry's Debt to Equity Ratio for the quarter that ended in . 20 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
=( + ) /
=N/A

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Dromeas Office Furniture Industry (ATH:DROME) has a Debt-to-Equity of 0.00 as of . 20. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dromeas Office Furniture Industry and its competitors.
Is Dromeas Office Furniture Industry's Debt-to-Equity too high?
Dromeas Office Furniture Industry's current Debt-to-Equity is 0.00.
How does Dromeas Office Furniture Industry's Debt-to-Equity compare to competitors?
Dromeas Office Furniture Industry's Debt-to-Equity of 0.00 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Debt-to-Equity is 0.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.31, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dromeas Office Furniture Industry and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dromeas Office Furniture Industry's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dromeas Office Furniture Industry stock overvalued right now?
Dromeas Office Furniture Industry (ATH:DROME) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Dromeas Office Furniture Industry (ATH:DROME), the current Debt-to-Equity is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dromeas Office Furniture Industry Business Description

Address Serres Industrial Estate, Factory-Showroom, Serres, GRC, 62121
Dromeas SA Office Furniture Industry is engaged in construction, trading and supply of furniture for offices & educational institutions. The company's products and solutions include Seating, Desking, Pedelstals, Bookcases, Sliding Tracked Storage System, Space Dividers - Accessories, Sound Absorbing Partitions and Storage & Space Division.