Arla Plast AB (OSTO:ARPL) Debt-to-Equity : 0.16 (As of Mar. 2024)

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What is Arla Plast AB Debt-to-Equity?

Arla Plast AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr73 Mil. Arla Plast AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr23 Mil. Arla Plast AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr601 Mil. Arla Plast AB's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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 Arla Plast AB's Debt-to-Equity or its related term are showing as below:

OSTO:ARPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.19 Max: 0.37
Current: 0.16

During the past 6 years, the highest Debt-to-Equity Ratio of Arla Plast AB was 0.37. The lowest was 0.13. And the median was 0.19.

OSTO:ARPL's Debt-to-Equity is ranked better than
69.7% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs OSTO:ARPL: 0.16

Arla Plast AB Debt-to-Equity Historical Data

The historical data trend for Arla Plast AB'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.

Arla Plast AB Debt-to-Equity Chart

Arla Plast AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.29

0.16

0.13

0.25

0.17

Arla Plast AB Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial														0.24	0.23	0.19	0.17	0.16

Competitive Comparison of Arla Plast AB's Debt-to-Equity

For the Specialty Chemicals subindustry, Arla Plast AB'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.

Arla Plast AB's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arla Plast AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arla Plast AB's Debt-to-Equity falls into.

Arla Plast AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arla Plast AB'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
	=	(70.3	+	24.4)	/	568.4
	=	0.17

Arla Plast AB's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(72.9	+	22.8)	/	601.4
	=	0.16

Arla Plast AB (OSTO:ARPL) 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.

Arla Plast AB Debt-to-Equity Related Terms

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Arla Plast AB (OSTO:ARPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arla Plast AB (OSTO:ARPL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7JB:Germany

Address

Box 33, Borensberg, SWE, SE-591 06

Website

https://www.arlaplast.com

Arla Plast AB is a extruders of plastic sheets in Europe. It offers plastic solid sheets and multiwall sheets in Polycarbonate, Polyethylene terephthalate glycol, ABS and other materials.

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