Floridienne (XBRU:FLOB) Debt-to-Equity : 0.99 (As of Jun. 2024)

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What is Floridienne Debt-to-Equity?

Floridienne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €63.7 Mil. Floridienne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €315.0 Mil. Floridienne's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €383.2 Mil. Floridienne's debt to equity for the quarter that ended in Jun. 2024 was 0.99.

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 Floridienne's Debt-to-Equity or its related term are showing as below:

XBRU:FLOB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 1.01 Max: 1.64
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Floridienne was 1.64. The lowest was 0.78. And the median was 1.01.

XBRU:FLOB's Debt-to-Equity is ranked worse than
66.93% of 499 companies
in the Conglomerates industry
Industry Median: 0.57 vs XBRU:FLOB: 0.99

Floridienne Debt-to-Equity Historical Data

The historical data trend for Floridienne'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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Floridienne Debt-to-Equity Chart

Floridienne Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.03

1.37

1.23

1.64

0.78

Floridienne Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.60	1.64	1.02	0.78	0.99

Competitive Comparison of Floridienne's Debt-to-Equity

For the Conglomerates subindustry, Floridienne'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.

Floridienne's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Floridienne's Debt-to-Equity distribution charts can be found below:

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

Floridienne Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Floridienne'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
	=	(64.984	+	248.997)	/	404.665
	=	0.78

Floridienne's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(63.69	+	315.041)	/	383.181
	=	0.99

Floridienne (XBRU:FLOB) 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.

Floridienne Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Floridienne's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Floridienne Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Floridienne SA (XBRU:FLOB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dreve Richelle 161, box 4, Building P, Waterloo, BEL, B-1410

Website

https://www.floridienne.be

Floridienne SA is a diversified holding company. It operates in gourmet food, life sciences, and chemicals divisions. The gourmet food division covers production and marketing companies in the sector of the party and gourmet food products such as snails, scallops, etc, and also special needs foods. The life sciences division produces and markets natural technologies and products for agriculture, parapharmaceuticals, agri-foodstuffs, cosmetics, and health care. The chemicals division consists of companies that operate in particular in the field of additives used to stabilize PVC and are also involved in the recycling of industrial and car batteries.

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