EcoUp Oyj (OHEL:ECOUP) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is EcoUp Oyj Debt-to-Equity?

EcoUp Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.48 Mil. EcoUp Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.36 Mil. EcoUp Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €18.56 Mil. EcoUp Oyj's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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

OHEL:ECOUP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.31 Max: 1.25
Current: 0.26

During the past 5 years, the highest Debt-to-Equity Ratio of EcoUp Oyj was 1.25. The lowest was 0.26. And the median was 0.31.

OHEL:ECOUP's Debt-to-Equity is ranked better than
75.8% of 219 companies
in the Waste Management industry
Industry Median: 0.74 vs OHEL:ECOUP: 0.26

EcoUp Oyj Debt-to-Equity Historical Data

The historical data trend for EcoUp 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.

EcoUp Oyj Debt-to-Equity Chart

EcoUp Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.25

1.12

0.30

0.31

0.26

EcoUp Oyj Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.30	0.33	0.31	0.33	0.26

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

For the Waste Management subindustry, EcoUp 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.

EcoUp Oyj's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, EcoUp Oyj's Debt-to-Equity distribution charts can be found below:

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

EcoUp Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EcoUp 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
	=	(1.482	+	3.362)	/	18.561
	=	0.26

EcoUp 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
	=	(1.482	+	3.362)	/	18.561
	=	0.26

EcoUp Oyj (OHEL:ECOUP) 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.

EcoUp Oyj Debt-to-Equity Related Terms

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EcoUp Oyj (OHEL:ECOUP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » EcoUp Oyj (OHEL:ECOUP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kansankatu 49, Oulu, FIN, 90100

Website

https://www.ecoup.fi

EcoUp Oyj provides technologies for upcycling construction waste and transforming it into re-usable materials that can be circulated again. It offers carbon-neutral, surplus-free and energy-saving materials, services, and technologies, enabling green transition in the construction industry.

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