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Harboes Bryggeri A/S (OCSE:HARB B) Debt-to-Equity : 0.16 (As of Jan. 2024)


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What is Harboes Bryggeri A/S Debt-to-Equity?

Harboes Bryggeri A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was kr26 Mil. Harboes Bryggeri A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was kr90 Mil. Harboes Bryggeri A/S's Total Stockholders Equity for the quarter that ended in Jan. 2024 was kr717 Mil. Harboes Bryggeri A/S's debt to equity for the quarter that ended in Jan. 2024 was 0.16.

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 Harboes Bryggeri A/S's Debt-to-Equity or its related term are showing as below:

OCSE:HARB B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.25   Max: 0.43
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Harboes Bryggeri A/S was 0.43. The lowest was 0.15. And the median was 0.25.

OCSE:HARB B's Debt-to-Equity is ranked better than
68.48% of 184 companies
in the Beverages - Alcoholic industry
Industry Median: 0.39 vs OCSE:HARB B: 0.16

Harboes Bryggeri A/S Debt-to-Equity Historical Data

The historical data trend for Harboes Bryggeri A/S'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.

Harboes Bryggeri A/S Debt-to-Equity Chart

Harboes Bryggeri A/S Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.25 0.22 0.19 0.31

Harboes Bryggeri A/S Quarterly Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Jul20 Oct20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.22 0.31 0.19 0.15 0.16

Competitive Comparison of Harboes Bryggeri A/S's Debt-to-Equity

For the Beverages - Brewers subindustry, Harboes Bryggeri A/S'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.


Harboes Bryggeri A/S's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri A/S's Debt-to-Equity falls into.



Harboes Bryggeri A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Harboes Bryggeri A/S's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Harboes Bryggeri A/S's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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.


Harboes Bryggeri A/S  (OCSE:HARB B) 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.


Harboes Bryggeri A/S Debt-to-Equity Related Terms

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Harboes Bryggeri A/S (OCSE:HARB B) Business Description

Traded in Other Exchanges
N/A
Address
Spegerborgvej 34, Skælskør, DNK, 4230
Harboes Bryggeri A/S is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri A/S (OCSE:HARB B) Headlines

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