Candles Scandinavia B (OSTO:CANDLE B) Debt-to-Equity : 0.25 (As of Jan. 2025)

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What is Candles Scandinavia B Debt-to-Equity?

Candles Scandinavia B's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was kr9.7 Mil. Candles Scandinavia B's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was kr9.8 Mil. Candles Scandinavia B's Total Stockholders Equity for the quarter that ended in Jan. 2025 was kr79.4 Mil. Candles Scandinavia B's debt to equity for the quarter that ended in Jan. 2025 was 0.25.

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 Candles Scandinavia B's Debt-to-Equity or its related term are showing as below:

OSTO:CANDLE B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.34 Max: 4.16
Current: 0.25

During the past 4 years, the highest Debt-to-Equity Ratio of Candles Scandinavia B was 4.16. The lowest was 0.15. And the median was 0.34.

OSTO:CANDLE B's Debt-to-Equity is ranked better than
63.12% of 1662 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs OSTO:CANDLE B: 0.25

Candles Scandinavia B Debt-to-Equity Historical Data

The historical data trend for Candles Scandinavia B'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.

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Candles Scandinavia B Debt-to-Equity Chart

Candles Scandinavia B Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

4.16

1.39

0.48

Candles Scandinavia B Quarterly Data
	Apr20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Debt-to-Equity	Get a 7-Day Free Trial														-	0.15	0.33	0.33	0.25

Competitive Comparison of Candles Scandinavia B's Debt-to-Equity

For the Household & Personal Products subindustry, Candles Scandinavia B'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.

Candles Scandinavia B's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Candles Scandinavia B's Debt-to-Equity falls into.

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Candles Scandinavia B Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Candles Scandinavia B's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(45.5	+	0)	/	94.201
	=	0.48

Candles Scandinavia B's Debt to Equity Ratio for the quarter that ended in Jan. 2025 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
	=	(9.717	+	9.75)	/	79.438
	=	0.25

Candles Scandinavia B (OSTO:CANDLE B) 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.

Candles Scandinavia B Debt-to-Equity Related Terms

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Candles Scandinavia B Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candles Scandinavia B (OSTO:CANDLE B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cv-Gatan 38 B, Orebro, SWE, 703 82

Website

https://www.candles.se

Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B Headlines

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