Saunum Group AS (OTSE:SAUNA) Debt-to-Equity : 0.11 (As of Jun. 2023)

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What is Saunum Group AS Debt-to-Equity?

Saunum Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.03 Mil. Saunum Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.28 Mil. Saunum Group AS's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €2.78 Mil. Saunum Group AS's debt to equity for the quarter that ended in Jun. 2023 was 0.11.

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

OTSE:SAUNA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 35.2
Current: 0.11

During the past 4 years, the highest Debt-to-Equity Ratio of Saunum Group AS was 35.20. The lowest was 0.11. And the median was 0.27.

OTSE:SAUNA's Debt-to-Equity is ranked better than
79.1% of 1526 companies
in the Construction industry
Industry Median: 0.44 vs OTSE:SAUNA: 0.11

Saunum Group AS Debt-to-Equity Historical Data

The historical data trend for Saunum Group 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.

* Premium members only.

Saunum Group AS Debt-to-Equity Chart

Saunum Group AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

35.20

0.81

0.27

0.16

Saunum Group AS Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			0.81	0.27	N/A	0.16	0.11

Competitive Comparison of Saunum Group AS's Debt-to-Equity

For the Building Products & Equipment subindustry, Saunum Group 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.

Saunum Group AS's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saunum Group AS's Debt-to-Equity distribution charts can be found below:

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

Saunum Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saunum Group AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.029	+	0.297)	/	2.065
	=	0.16

Saunum Group AS's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.03	+	0.282)	/	2.782
	=	0.11

Saunum Group AS (OTSE:SAUNA) 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.

Saunum Group AS Debt-to-Equity Related Terms

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Saunum Group AS (OTSE:SAUNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Saunum Group AS (OTSE:SAUNA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parnu mnt 478b, Harju county, Tallinn, EST, 10913

Website

https://www.saunum.com/et

Saunum Group AS is an Estonian company that develops and manufactures unique indoor sauna air conditioners and heaters with patented technology in the world. The main activity is the development, production, and so on of the mentioned devices. The company's products include Heaters, Air conditioners, Control devices, and salt balls.

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