Alma Media Oyj (LTS:0DJN) Debt-to-Equity : 0.89 (As of Sep. 2024)

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What is Alma Media Oyj Debt-to-Equity?

Alma Media Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €6.9 Mil. Alma Media Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €189.7 Mil. Alma Media Oyj's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €220.2 Mil. Alma Media Oyj's debt to equity for the quarter that ended in Sep. 2024 was 0.89.

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 Alma Media Oyj's Debt-to-Equity or its related term are showing as below:

LTS:0DJN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.79 Max: 1.83
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Alma Media Oyj was 1.83. The lowest was 0.15. And the median was 0.79.

LTS:0DJN's Debt-to-Equity is ranked worse than
73.69% of 840 companies
in the Media - Diversified industry
Industry Median: 0.28 vs LTS:0DJN: 0.89

Alma Media Oyj Debt-to-Equity Historical Data

The historical data trend for Alma Media Oyj'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.

Alma Media Oyj Debt-to-Equity Chart

Alma Media Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.21

1.43

0.85

0.90

Alma Media Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.87	0.90	0.86	0.96	0.89

Competitive Comparison of Alma Media Oyj's Debt-to-Equity

For the Publishing subindustry, Alma Media Oyj'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.

Alma Media Oyj's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alma Media Oyj's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alma Media Oyj's Debt-to-Equity falls into.

Alma Media Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alma Media Oyj's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(6.3	+	191.8)	/	220.3
	=	0.90

Alma Media Oyj's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(6.9	+	189.7)	/	220.2
	=	0.89

Alma Media Oyj (LTS:0DJN) 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.

Alma Media Oyj Debt-to-Equity Related Terms

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

Alma Media Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alma Media Oyj (LTS:0DJN) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

ALMA:Finland

Address

Alvar Aallon katu 3 C, P.O. Box 140, Helsinki, FIN, FI-00101

Website

https://www.almamedia.fi

Alma Media Oyj is a media and service company focusing on digital services and publishing. In addition to news content, the Group's products provide useful information related to lifestyle, career, and business development. The business segments include Alma Career, Alma Consumer, and Alma Talent. It generates maximum revenue from the Alma Career segment. The group's business is mainly divided into two geographical areas, Finland from where it earns the majority of its revenue, and the rest of Europe.

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