Candles Scandinavia B (OSTO:CANDLE B) Debt-to-Equity: 0.69 (As of Mar. 2026) — 44% Above Median

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Director of Data and Quant Analytics at GuruFocus
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OSTO:CANDLE B Candles Scandinavia B OSTO:CANDLE B
63 GF Score
Price kr35.90
GF Value kr33.05
Valuation Fairly Valued
! 4 Warning Signs
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What is Candles Scandinavia B Debt-to-Equity?

Candles Scandinavia B OSTO:CANDLE B +1.70% 63 Debt-to-Equity is 0.69 as of Mar. 2026, which is 44% above its 10-year median of 0.48. GuruFocus rates OSTO:CANDLE B with a GF Score™ of 63/100 and a GF Value™ of kr33.05 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,753 Consumer Packaged Goods companies, Candles Scandinavia B ranks worse than 65.43% on this metric.

Candles Scandinavia B's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr43.8 Mil. Candles Scandinavia B's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr57.6 Mil. Candles Scandinavia B's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr147.8 Mil. Candles Scandinavia B's debt to equity for the quarter that ended in Mar. 2026 was 0.69.

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: 0.48   Max: 4.16
Current: 0.69

During the past 5 years, the highest Debt-to-Equity Ratio of Candles Scandinavia B was 4.16. The lowest was 0.15. And the median was 0.48.

OSTO:CANDLE B's Debt-to-Equity is ranked worse than
65.43% of 1753 companies
in the Consumer Packaged Goods industry
Industry Median: 0.42 vs OSTO:CANDLE B: 0.69

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


Candles Scandinavia B Debt-to-Equity Historical Data

* Premium members only.

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.

Candles Scandinavia B Debt-to-Equity Chart

Candles Scandinavia B Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-Equity
4.16 1.39 0.48 0.48 0.15

Candles Scandinavia B Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26
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 0.25 0.87 1.29 0.89 0.69

OSTO:CANDLE B vs PG, CL, KVUE: Debt-to-Equity Comparison

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 Debt-to-Equity vs 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.


OSTO:CANDLE B
63GF Score
Candles Scandinavia B OSTO:CANDLE B
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2024 is calculated as

Candles Scandinavia B's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.69 mean?
Candles Scandinavia B (OSTO:CANDLE B) has a Debt-to-Equity of 0.69 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Candles Scandinavia B and its competitors. This is 44% above median its historical median of 0.48. Over the past decade, Candles Scandinavia B's Debt-to-Equity has ranged from 0.15 to 4.16. According to the industry distribution chart, Candles Scandinavia B ranks #1147 out of 1753 companies in the Consumer Packaged Goods industry, placing it in the top 65.4%.
Is Candles Scandinavia B's Debt-to-Equity too high?
Candles Scandinavia B's current Debt-to-Equity of 0.69 is 44% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 4.16. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Candles Scandinavia B's value of 0.69 is 64.3% above this industry median. Based on the distribution chart, Candles Scandinavia B ranks #1147 out of 1753 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Candles Scandinavia B has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Candles Scandinavia B's Debt-to-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Candles Scandinavia B ranks #1147 out of 1753 companies for Debt-to-Equity. This places Candles Scandinavia B in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Candles Scandinavia B's value of 0.69 is 64.3% above this benchmark. Historically, Candles Scandinavia B's own Debt-to-Equity has ranged from 0.15 to 4.16 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.42, Candles Scandinavia B has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,753 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Candles Scandinavia B's current Debt-to-Equity of 0.69 is 64.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Candles Scandinavia B and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candles Scandinavia B's current Debt-to-Equity is 0.69, which is 44% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candles Scandinavia B stock overvalued right now?
Based on GuruFocus' analysis, Candles Scandinavia B (OSTO:CANDLE B) is currently considered Fairly Valued. The stock's GF Value™ is kr33.05, compared to a current price of kr35.90 — trading 8.6% above its estimated fair value. The current Debt-to-Equity is 0.69, which is 44% above median its 10-year median of 0.48 and 64.3% above the Consumer Packaged Goods industry median of 0.42. Candles Scandinavia B's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Candles Scandinavia B (OSTO:CANDLE B), the current Debt-to-Equity is 0.69 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Candles Scandinavia B (OSTO:CANDLE B) Overvalued in 2026?

Based on GuruFocus' analysis, Candles Scandinavia B stock appears to be overvalued. The current stock price of kr35.90 is trading 8.6% above its estimated GF Value™ of kr33.05. GuruFocus considers Candles Scandinavia B to be Fairly Valued.

Key valuation signals for OSTO:CANDLE B:

  • Debt-to-Equity: 0.69 (44% above median its 10-year median of 0.48)
  • GF Value™: kr33.05 vs. price of kr35.90 (8.6% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 64.3% above the Consumer Packaged Goods median (#1147 of 1753)

No single metric tells the full story. See the OSTO:CANDLE B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Candles Scandinavia B Business Description

Other Exchanges LY7:Germany
Address Cv-Gatan 38 B, Orebro, SWE, 703 82
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.
63GF Score

Get the complete analysis for OSTO:CANDLE B

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr35.90
Price
kr33.05
GF Value