Linda Nektar AS (OTSE:LINDA) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Linda Nektar AS Debt-to-Equity?

Linda Nektar AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.11 Mil. Linda Nektar AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.04 Mil. Linda Nektar AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3.48 Mil. Linda Nektar AS's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

OTSE:LINDA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.04 Max: 0.04
Current: 0.04

During the past 12 years, the highest Debt-to-Equity Ratio of Linda Nektar AS was 0.04. The lowest was 0.04. And the median was 0.04.

OTSE:LINDA's Debt-to-Equity is ranked better than
85.08% of 181 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs OTSE:LINDA: 0.04

Linda Nektar AS Debt-to-Equity Historical Data

The historical data trend for Linda Nektar AS'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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Linda Nektar AS Debt-to-Equity Chart

Linda Nektar AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

Linda Nektar AS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.01	0.04

Competitive Comparison of Linda Nektar AS's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Linda Nektar AS'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.

Linda Nektar AS's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Linda Nektar AS's Debt-to-Equity distribution charts can be found below:

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

Linda Nektar AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Linda Nektar AS'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
	=	(0.109	+	0.038)	/	3.48
	=	0.04

Linda Nektar AS's Debt to Equity Ratio for the quarter 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
	=	(0.109	+	0.038)	/	3.48
	=	0.04

Linda Nektar AS (OTSE:LINDA) 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.

Linda Nektar AS Debt-to-Equity Related Terms

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Linda Nektar AS (OTSE:LINDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Linda Nektar AS (OTSE:LINDA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Valga mnt 4, Antsla Vald, Vorumaa, Kobela, EST, 66407

Website

https://www.lindanektar.ee

Linda Nektar AS is engaged in the production of beverage solutions providing unpackaged fruit wines and ferments for the beverages industry. It Manufactures cider and other fruit wines. Geographic regions are Estonia, Finland, Lithuania, Latvia, and Other EU countries, and it generates its revenue from Latvia.

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