Tokmanni Group (LTS:0RG2) Debt-to-Equity : N/A (As of Mar. 2024)

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What is Tokmanni Group Debt-to-Equity?

Tokmanni Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Tokmanni Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Tokmanni Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €0 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 Tokmanni Group's Debt-to-Equity or its related term are showing as below:

LTS:0RG2' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.03 Med: 1.89 Max: 9.21
Current: 3.27

During the past 12 years, the highest Debt-to-Equity Ratio of Tokmanni Group was 9.21. The lowest was 1.03. And the median was 1.89.

LTS:0RG2's Debt-to-Equity is ranked worse than
93.12% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.585 vs LTS:0RG2: 3.27

Tokmanni Group Debt-to-Equity Historical Data

The historical data trend for Tokmanni Group'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.

Tokmanni Group Debt-to-Equity Chart

Tokmanni Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.24

1.88

1.64

1.61

3.27

Tokmanni Group Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.91	N/A	3.27	N/A

Competitive Comparison of Tokmanni Group's Debt-to-Equity

For the Discount Stores subindustry, Tokmanni Group'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.

Tokmanni Group's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tokmanni Group's Debt-to-Equity distribution charts can be found below:

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

Tokmanni Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tokmanni Group'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
	=	(138.068	+	730.39)	/	265.403
	=	3.27

Tokmanni Group's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0	+	0)	/	0
	=	N/A

Tokmanni Group (LTS:0RG2) 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.

Tokmanni Group Debt-to-Equity Related Terms

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Tokmanni Group (LTS:0RG2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tokmanni Group Corp (LTS:0RG2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TOKMAN:Finland TK9:Germany

Address

Isolammintie 1, Mantsala, FIN, 04600

Website

https://www.tokmanni.fi

Tokmanni Group Corp is a general discount retailer in Finland with almost 200 stores across the country, as well as an online store. The company offers its customers an extensive and attractive product selection, low prices, pleasant and inspiring shopping experience in all of its sales channels. It has a wide range of low-priced products for home renovation and cleaning, dressing, and leisure, as well as interior decoration and gardening. Its product selection consists of international brands, the company's private label products, and non-branded products.

Tokmanni Group (LTS:0RG2) Headlines

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