Olympic Industries (DHA:OLYMPIC) Debt-to-Equity: 0.07 (As of Mar. 2026) — 68% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:OLYMPIC Olympic Industries PLC DHA:OLYMPIC
93 GF Score
Price BDT151.10
GF Value BDT170.90
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Olympic Industries Debt-to-Equity?

Olympic Industries DHA:OLYMPIC -1.24% 93 Debt-to-Equity is 0.07 as of Mar. 2026, which is 68% below its 10-year median of 0.22. GuruFocus rates DHA:OLYMPIC with a GF Score™ of 93/100 and a GF Value™ of BDT170.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,747 Consumer Packaged Goods companies, Olympic Industries ranks better than 84.95% on this metric.

Olympic Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT496 Mil. Olympic Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT456 Mil. Olympic Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was BDT13,348 Mil. Olympic Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.07.

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 Olympic Industries's Debt-to-Equity or its related term are showing as below:

DHA:OLYMPIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.22   Max: 0.36
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Olympic Industries was 0.36. The lowest was 0.00. And the median was 0.22.

DHA:OLYMPIC's Debt-to-Equity is ranked better than
84.95% of 1747 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs DHA:OLYMPIC: 0.07

Olympic Industries  (DHA:OLYMPIC) 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.


Olympic Industries Debt-to-Equity Related Terms


Olympic Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Olympic Industries'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.

Olympic Industries Debt-to-Equity Chart

Olympic Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.29 0.22 0.05 0.00

Olympic Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.04 0.00 0.03 0.06 0.07

DHA:OLYMPIC vs MDLZ, HSY, TR: Debt-to-Equity Comparison

For the Confectioners subindustry, Olympic Industries'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.


Olympic Industries Debt-to-Equity vs Consumer Packaged Goods Industry

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

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


DHA:OLYMPIC
93GF Score
Olympic Industries PLC DHA:OLYMPIC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Olympic Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olympic Industries's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Olympic Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.07 mean?
Olympic Industries (DHA:OLYMPIC) has a Debt-to-Equity of 0.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Olympic Industries and its competitors. This is 68% below median its historical median of 0.22. According to the industry distribution chart, Olympic Industries ranks #263 out of 1747 companies in the Consumer Packaged Goods industry, placing it in the top 15.1%.
Is Olympic Industries' Debt-to-Equity too high?
Olympic Industries' current Debt-to-Equity of 0.07 is 68% below median its 10-year median of 0.22. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Olympic Industries' value of 0.07 is 82.9% below this industry median. Based on the distribution chart, Olympic Industries ranks #263 out of 1747 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Olympic Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Olympic Industries' Debt-to-Equity compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Olympic Industries ranks #263 out of 1747 companies for Debt-to-Equity. This places Olympic Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Olympic Industries' value of 0.07 is 82.9% below this benchmark. While the company's 10-year median is 0.22 vs. the industry median of 0.41, Olympic Industries has consistently been below the industry average. 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,747 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. Olympic Industries's current Debt-to-Equity of 0.07 is 82.9% below the industry median. 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 Olympic Industries and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympic Industries's current Debt-to-Equity is 0.07, which is 68% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Industries stock overvalued right now?
Based on GuruFocus' analysis, Olympic Industries (DHA:OLYMPIC) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT170.90, compared to a current price of BDT151.10 — trading 11.6% below its estimated fair value. The current Debt-to-Equity is 0.07, which is 68% below median its 10-year median of 0.22 and 82.9% below the Consumer Packaged Goods industry median of 0.41. Olympic Industries' overall GF Score™ is 93/100 with 3 warning signs to review. 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 Olympic Industries (DHA:OLYMPIC), the current Debt-to-Equity is 0.07 as of Mar. 2026. 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.

Is Olympic Industries (DHA:OLYMPIC) Overvalued in 2026?

Based on GuruFocus' analysis, Olympic Industries stock appears to be undervalued. The current stock price of BDT151.10 is trading 11.6% below its estimated GF Value™ of BDT170.90. GuruFocus considers Olympic Industries to be Modestly Undervalued.

Key valuation signals for DHA:OLYMPIC:

  • Debt-to-Equity: 0.07 (68% below median its 10-year median of 0.22)
  • GF Value™: BDT170.90 vs. price of BDT151.10 (11.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 82.9% below the Consumer Packaged Goods median (#263 of 1747)

No single metric tells the full story. See the DHA:OLYMPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Olympic Industries Business Description

Address Amin Court, 6th Floor, 62-63, Motijheel Commercial Area, Dhaka, BGD, 1000
Olympic Industries PLC is a manufacturer, distributor, and marketer of biscuits and fast-moving consumer goods in Bangladesh. The company's products are distributed into biscuits including Energy Plus, Coconut Plus, First Choice, Crack Jack, Tim Tim, Marie Gold, and Namkin among others; cookies and bakery including Badami cookies, dry cake, and daily toast; confectionery including Green Mango, Ripe Mango, cool, energy, among others and batteries that include Olympic Gold, Olympic Laser, Olympic Heavy Duty, among others. It has two business units namely Battery and Biscuit, confectionery, bakery & snacks. The majority of its revenue is generated from the Biscuit, confectionery and bakery & snacks division.
93GF Score

Get the complete analysis for DHA:OLYMPIC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT151.10
Price
BDT170.90
GF Value