Endomines Finland Oyj (OHEL:PAMPALO) Debt-to-Equity : 0.65 (As of Jun. 2024)

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What is Endomines Finland Oyj Debt-to-Equity?

Endomines Finland Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €6.70 Mil. Endomines Finland Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €14.10 Mil. Endomines Finland Oyj's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €32.00 Mil. Endomines Finland Oyj's debt to equity for the quarter that ended in Jun. 2024 was 0.65.

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

OHEL:PAMPALO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.5 Max: 0.65
Current: 0.65

During the past 4 years, the highest Debt-to-Equity Ratio of Endomines Finland Oyj was 0.65. The lowest was 0.29. And the median was 0.50.

OHEL:PAMPALO's Debt-to-Equity is ranked worse than
80.27% of 1252 companies
in the Metals & Mining industry
Industry Median: 0.13 vs OHEL:PAMPALO: 0.65

Endomines Finland Oyj Debt-to-Equity Historical Data

The historical data trend for Endomines Finland 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.

Endomines Finland Oyj Debt-to-Equity Chart

Endomines Finland Oyj Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.50

0.57

0.29

0.50

Endomines Finland Oyj Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			-	0.29	0.39	0.50	0.65

Competitive Comparison of Endomines Finland Oyj's Debt-to-Equity

For the Gold subindustry, Endomines Finland 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.

Endomines Finland Oyj's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Endomines Finland Oyj's Debt-to-Equity distribution charts can be found below:

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

Endomines Finland Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Endomines Finland 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
	=	(0	+	16)	/	32.3
	=	0.50

Endomines Finland 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
	=	(6.7	+	14.1)	/	32
	=	0.65

Endomines Finland Oyj (OHEL:PAMPALO) 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.

Endomines Finland Oyj Debt-to-Equity Related Terms

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Endomines Finland Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Endomines Finland Oyj (OHEL:PAMPALO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

H13:Germany

Address

Ahventie 4 A, Espoo, FIN, 02170

Website

https://www.endomines.com

Endomines Finland Oyj is a mining and exploration company with a primary focus on gold. It is engaged in mining operations at the Pampalo mine in Ilomantsi, and in exploration activities along the Karelian Gold Line in Eastern Finland. It also owns the rights to seven gold deposits in the United States. The company's reportable operating segments are; Pampalo production, Karelian gold line, and USA operations. The Pampalo production segment which generates key revenue for the company consists of the operations of the underground mine and open pit, the operations of the concentrator, and the sale of gold concentrate.

Endomines Finland Oyj Headlines

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