Caverion Oyj (OHEL:CAV1V) Debt-to-Equity : 1.59 (As of Dec. 2023)

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What is Caverion Oyj Debt-to-Equity?

Caverion Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €133 Mil. Caverion Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €146 Mil. Caverion Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €175 Mil. Caverion Oyj's debt to equity for the quarter that ended in Dec. 2023 was 1.59.

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

OHEL:CAV1V' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 1.16 Max: 1.59
Current: 1.59

During the past 13 years, the highest Debt-to-Equity Ratio of Caverion Oyj was 1.59. The lowest was 0.23. And the median was 1.16.

OHEL:CAV1V's Debt-to-Equity is ranked worse than
82.54% of 928 companies
in the Business Services industry
Industry Median: 0.385 vs OHEL:CAV1V: 1.59

Caverion Oyj Debt-to-Equity Historical Data

The historical data trend for Caverion 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.

Caverion Oyj Debt-to-Equity Chart

Caverion Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.15

1.36

1.35

1.25

1.59

Caverion Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.25	1.31	2.02	1.98	1.59

Competitive Comparison of Caverion Oyj's Debt-to-Equity

For the Specialty Business Services subindustry, Caverion 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.

Caverion Oyj's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Caverion Oyj's Debt-to-Equity distribution charts can be found below:

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

Caverion Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Caverion 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
	=	(132.8	+	145.5)	/	175.4
	=	1.59

Caverion Oyj's Debt to Equity Ratio for the quarter 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
	=	(132.8	+	145.5)	/	175.4
	=	1.59

Caverion Oyj (OHEL:CAV1V) 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.

Caverion Oyj Debt-to-Equity Related Terms

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

Caverion Oyj (OHEL:CAV1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Caverion Oyj (OHEL:CAV1V) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0QFC:UK C7O:Germany

Address

Torpantie 2, Vantaa, FIN, 01650

Website

https://www.caverion.com

Caverion Oyj is a Finland-based service company. It designs, builds, operates, and maintains user-friendly and energy-efficient technical solutions for buildings and industries throughout the life cycle of the property. Caverion's services are used in offices and retail properties, public premises, industrial plants, and infrastructure, among other places. It operates in two business units: Services and Projects. It generates the majority of its revenue from the Services segment. Some of its Products and Services include Consulting, Technical Maintenance, Lifecycle Management, Smart Solutions & Analytics services, Industrial Services centers, and Facility management. Its geographical segments include Sweden, Finland, Germany, Norway, Industry, Austria, Denmark, and Other countries.

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