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AS Grobina (ORSE:GRZ1R) Debt-to-Equity : -2.53 (As of Jun. 2019)


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What is AS Grobina Debt-to-Equity?

AS Grobina's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was €1.17 Mil. AS Grobina's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was €7.79 Mil. AS Grobina's Total Stockholders Equity for the quarter that ended in Jun. 2019 was €-3.55 Mil. AS Grobina's debt to equity for the quarter that ended in Jun. 2019 was -2.53.

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 AS Grobina's Debt-to-Equity or its related term are showing as below:

ORSE:GRZ1R's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

AS Grobina Debt-to-Equity Historical Data

The historical data trend for AS Grobina'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.

AS Grobina Debt-to-Equity Chart

AS Grobina Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 5.86 4.12 -475.09 -27.41

AS Grobina Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.42 -10.68 -6.67 -3.94 -2.53

Competitive Comparison of AS Grobina's Debt-to-Equity

For the Farm Products subindustry, AS Grobina'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.


AS Grobina's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



AS Grobina Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AS Grobina's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 is calculated as

AS Grobina's Debt to Equity Ratio for the quarter that ended in Jun. 2019 is calculated as

* 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.


AS Grobina  (ORSE:GRZ1R) 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.


AS Grobina Debt-to-Equity Related Terms

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


AS Grobina (ORSE:GRZ1R) Business Description

Traded in Other Exchanges
N/A
Address
Lapsu Street 3, Grobina district, Dubeni, LVA, 3438
AS Grobina is engaged in fur-farming of minks for fur production and farm animals feed production in Latvia.

AS Grobina (ORSE:GRZ1R) Headlines

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