Martela Oyj (OHEL:MARAS) Debt-to-Equity : 4.07 (As of Jun. 2024)

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What is Martela Oyj Debt-to-Equity?

Martela Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €5.75 Mil. Martela Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €14.32 Mil. Martela Oyj's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €4.93 Mil. Martela Oyj's debt to equity for the quarter that ended in Jun. 2024 was 4.07.

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

OHEL:MARAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 1.01 Max: 4.07
Current: 4.07

During the past 13 years, the highest Debt-to-Equity Ratio of Martela Oyj was 4.07. The lowest was 0.33. And the median was 1.01.

OHEL:MARAS's Debt-to-Equity is ranked worse than
98.42% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.345 vs OHEL:MARAS: 4.07

Martela Oyj Debt-to-Equity Historical Data

The historical data trend for Martela 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.

Martela Oyj Debt-to-Equity Chart

Martela Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.88

1.28

1.18

1.39

1.89

Martela Oyj Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															2.26	2.05	1.89	2.51	4.07

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

For the Furnishings, Fixtures & Appliances subindustry, Martela 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.

Martela Oyj's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Martela Oyj's Debt-to-Equity distribution charts can be found below:

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

Martela Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Martela 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
	=	(4.272	+	13.776)	/	9.557
	=	1.89

Martela Oyj's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(5.747	+	14.323)	/	4.93
	=	4.07

Martela Oyj (OHEL:MARAS) 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.

Martela Oyj Debt-to-Equity Related Terms

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Martela Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Martela Oyj (OHEL:MARAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Takkatie 1, P.O. Box 44, Helsinki, FIN, FI-00371

Website

https://www.martela.fi

Martela Oyj operates in the office interior industry. The business activity of the group includes designing and supplying of interior solutions for working environments and public spaces. It offers ergonomic solutions for modern working environments - for mobile work and activity based offices. The product offered by the group comprises of chairs, branches, tables, auditorium seats, pedestals, shelving systems, space dividers, lightning, and phone booths, among others. Geographically, it derives a majority of revenue from Finland and also has a business presence in Sweden, Norway and other international markets.

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