Oatly Group AB (FRA:9ZX0) Debt-to-Equity: -22.44 (As of Jun. 2026)

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FRA:9ZX0 Oatly Group AB FRA:9ZX0
69 GF Score
Price €11.80
GF Value €13.56
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Oatly Group AB Debt-to-Equity?

Oatly Group AB FRA:9ZX0 -0.84% 69 Debt-to-Equity is -22.44 as of Jun. 2026. GuruFocus rates FRA:9ZX0 with a GF Score™ of 69/100 and a GF Value™ of €13.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,747 Consumer Packaged Goods companies, Oatly Group AB ranks worse than 57240.93% on this metric.

Oatly Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €309.4 Mil. Oatly Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €167.2 Mil. Oatly Group AB's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €-21.2 Mil. Oatly Group AB's debt to equity for the quarter that ended in Jun. 2026 was -22.44.

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 Oatly Group AB's Debt-to-Equity or its related term are showing as below:

FRA:9ZX0' s Debt-to-Equity Range Over the Past 10 Years
Min: -22.44   Med: 1   Max: 154.83
Current: -22.44

During the past 7 years, the highest Debt-to-Equity Ratio of Oatly Group AB was 154.83. The lowest was -22.44. And the median was 1.00.

FRA:9ZX0's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.41 vs FRA:9ZX0: -22.44

Oatly Group AB  (FRA:9ZX0) 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.


Oatly Group AB Debt-to-Equity Related Terms


Oatly Group AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Oatly Group AB'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.

Oatly Group AB Debt-to-Equity Chart

Oatly Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.12 0.19 1.60 4.69 30.19

Oatly Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.16 29.30 30.19 154.84 -22.44

FRA:9ZX0 vs USNA, ENHA, LWAY: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Oatly Group AB'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.


Oatly Group AB Debt-to-Equity vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Oatly Group AB's Debt-to-Equity falls into.


FRA:9ZX0
69GF Score
Oatly Group AB FRA:9ZX0
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Oatly Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oatly Group AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Oatly Group AB's Debt to Equity Ratio for the quarter that ended in Jun. 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 -22.44 mean?
Oatly Group AB (FRA:9ZX0) has a Debt-to-Equity of -22.44 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Oatly Group AB and its competitors. According to the industry distribution chart, Oatly Group AB ranks #999999 out of 1747 companies in the Consumer Packaged Goods industry.
Is Oatly Group AB's Debt-to-Equity too high?
Oatly Group AB's current Debt-to-Equity is -22.44. Based on the distribution chart, Oatly Group AB ranks #999999 out of 1747 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Oatly Group AB has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oatly Group AB's Debt-to-Equity compare to USNA and ENHA?
According to the Consumer Packaged Goods industry distribution chart, Oatly Group AB ranks #999999 out of 1747 companies for Debt-to-Equity. This places Oatly Group AB in the lower half of its industry. The industry median Debt-to-Equity is 0.41. 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. 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 Oatly Group AB 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. Oatly Group AB's current Debt-to-Equity is -22.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oatly Group AB stock overvalued right now?
Based on GuruFocus' analysis, Oatly Group AB (FRA:9ZX0) is currently considered Modestly Undervalued. The stock's GF Value™ is €13.56, compared to a current price of €11.80 — trading 13% below its estimated fair value. The current Debt-to-Equity is -22.44. Oatly Group AB's overall GF Score™ is 69/100 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 Oatly Group AB (FRA:9ZX0), the current Debt-to-Equity is -22.44 as of Jun. 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 Oatly Group AB (FRA:9ZX0) Overvalued in 2026?

Based on GuruFocus' analysis, Oatly Group AB stock appears to be undervalued. The current stock price of €11.80 is trading 13% below its estimated GF Value™ of €13.56. GuruFocus considers Oatly Group AB to be Modestly Undervalued.

Key valuation signals for FRA:9ZX0:

  • Debt-to-Equity: -22.44
  • GF Value™: €13.56 vs. price of €11.80 (13% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the FRA:9ZX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oatly Group AB Business Description

Other Exchanges OTLY:USA9ZX0:Germany
Address Angfarekajen 8, Malmo, SWE, 211 19
Oatly Group AB produces and distributes oat-based food and beverage products. Its offerings include milk, cooking creams, spreads, and yogurts. The company's products are sold through retail stores, coffee shops, and restaurants across multiple countries. It generates revenue from sales of oatmilk and other oat-based products. The company's geographical segments include Europe & International, North America and Greater China. The Europe & International segment is its maximum revenue-producing segment, followed by the North America and Greater China segments.
69GF Score

Get the complete analysis for FRA:9ZX0

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

€11.80
Price
€13.56
GF Value