Fodelia Oyj (OHEL:FODELIA) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is Fodelia Oyj Debt-to-Equity?

Fodelia Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.54 Mil. Fodelia Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.45 Mil. Fodelia Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €13.48 Mil. Fodelia Oyj's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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

OHEL:FODELIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 0.69 Max: 1.12
Current: 0.52

During the past 6 years, the highest Debt-to-Equity Ratio of Fodelia Oyj was 1.12. The lowest was 0.52. And the median was 0.69.

OHEL:FODELIA's Debt-to-Equity is ranked worse than
57.07% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs OHEL:FODELIA: 0.52

Fodelia Oyj Debt-to-Equity Historical Data

The historical data trend for Fodelia 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.

Fodelia Oyj Debt-to-Equity Chart

Fodelia Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.69

0.90

1.12

0.54

0.52

Fodelia Oyj Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.12	1.27	0.54	0.61	0.52

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

For the Packaged Foods subindustry, Fodelia 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.

Fodelia Oyj's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fodelia Oyj's Debt-to-Equity distribution charts can be found below:

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

Fodelia Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fodelia 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
	=	(3.544	+	3.451)	/	13.484
	=	0.52

Fodelia 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
	=	(3.544	+	3.451)	/	13.484
	=	0.52

Fodelia Oyj (OHEL:FODELIA) 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.

Fodelia Oyj Debt-to-Equity Related Terms

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Fodelia Oyj (OHEL:FODELIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fodelia Oyj (OHEL:FODELIA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tuotetie 1, Pyhanta, FIN, 92930

Website

https://www.fodelia.fi

Fodelia Oyj is a manufacturer of food products in Finland. Its food operations include Real Snacks, a potato chip factory that manufactures potato chips and corn and oat snacks from primarily Finnish raw materials for both the domestic market and exports market; and Feelia a manufacturer of pre-cooked meals.

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