Calida Holding AG (XSWX:CALN) Debt-to-Equity: 0.31 (As of Dec. 2025) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:CALN Calida Holding AG XSWX:CALN
61 GF Score
Price CHF17.66
GF Value CHF27.03
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Calida Holding AG Debt-to-Equity?

Calida Holding AG XSWX:CALN -1.45% 61 Debt-to-Equity is 0.31 as of Dec. 2025, which is 11% above its 10-year median of 0.28. GuruFocus rates XSWX:CALN with a GF Score™ of 61/100 and a GF Value™ of CHF27.03 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 933 Manufacturing - Apparel & Accessories companies, Calida Holding AG ranks better than 57.88% on this metric.

Calida Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF8.3 Mil. Calida Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF21.1 Mil. Calida Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2025 was CHF95.9 Mil. Calida Holding AG's debt to equity for the quarter that ended in Dec. 2025 was 0.31.

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 Calida Holding AG's Debt-to-Equity or its related term are showing as below:

XSWX:CALN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.28   Max: 0.52
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Calida Holding AG was 0.52. The lowest was 0.06. And the median was 0.28.

XSWX:CALN's Debt-to-Equity is ranked better than
57.88% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs XSWX:CALN: 0.31

Calida Holding AG  (XSWX:CALN) 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.


Calida Holding AG Debt-to-Equity Related Terms


Calida Holding AG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Calida Holding AG'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.

Calida Holding AG Debt-to-Equity Chart

Calida Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.22 0.33 0.40 0.31

Calida Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.33 0.32 0.40 0.36 0.31

XSWX:CALN vs RL, LEVI, VFC: Debt-to-Equity Comparison

For the Apparel Manufacturing subindustry, Calida Holding AG'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.


Calida Holding AG Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Calida Holding AG's Debt-to-Equity distribution charts can be found below:

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


XSWX:CALN
61GF Score
Calida Holding AG XSWX:CALN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calida Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Calida Holding AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Calida Holding AG's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.31 mean?
Calida Holding AG (XSWX:CALN) has a Debt-to-Equity of 0.31 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Calida Holding AG and its competitors. This is 11% above median its historical median of 0.28. Over the past decade, Calida Holding AG's Debt-to-Equity has ranged from 0.06 to 0.52. According to the industry distribution chart, Calida Holding AG ranks #393 out of 933 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.1%.
Is Calida Holding AG's Debt-to-Equity too high?
Calida Holding AG's current Debt-to-Equity of 0.31 is 11% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.52. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.43. Calida Holding AG's value of 0.31 is 27.9% below this industry median. Based on the distribution chart, Calida Holding AG ranks #393 out of 933 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Calida Holding AG has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calida Holding AG's Debt-to-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Calida Holding AG ranks #393 out of 933 companies for Debt-to-Equity. This puts Calida Holding AG in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Calida Holding AG's value of 0.31 is 27.9% below this benchmark. Historically, Calida Holding AG's own Debt-to-Equity has ranged from 0.06 to 0.52 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.43, Calida Holding AG has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.43, based on 933 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. Calida Holding AG's current Debt-to-Equity of 0.31 is 27.9% below 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 Calida Holding AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calida Holding AG's current Debt-to-Equity is 0.31, which is 11% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calida Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Calida Holding AG (XSWX:CALN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF27.03, compared to a current price of CHF17.66 — trading 34.7% below its estimated fair value. The current Debt-to-Equity is 0.31, which is 11% above median its 10-year median of 0.28 and 27.9% below the Manufacturing - Apparel & Accessories industry median of 0.43. Calida Holding AG's overall GF Score™ is 61/100 with 7 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 Calida Holding AG (XSWX:CALN), the current Debt-to-Equity is 0.31 as of Dec. 2025. 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 Calida Holding AG (XSWX:CALN) Overvalued in 2026?

Based on GuruFocus' analysis, Calida Holding AG stock appears to be undervalued. The current stock price of CHF17.66 is trading 34.7% below its estimated GF Value™ of CHF27.03. GuruFocus considers Calida Holding AG to be Significantly Undervalued.

Key valuation signals for XSWX:CALN:

  • Debt-to-Equity: 0.31 (11% above median its 10-year median of 0.28)
  • GF Value™: CHF27.03 vs. price of CHF17.66 (34.7% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 27.9% below the Manufacturing - Apparel & Accessories median (#393 of 933)

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


Calida Holding AG Business Description

Other Exchanges CALNz:UK0QP3:UKC7UA:Germany
Address Bahnstrasse, Oberkirch, CHE, CH-6208
Calida Holding AG manufactures and sells lingerie, underwear, swimwear, and nightwear for women, men, and children. The brands CALIDA, AUBADE and COSABELLA are the reportable segments. Its geographical segments are France, Germany, Switzerland, Other Europe, Asia, the United States, and other markets. The company generates its maximum revenue from Germany.
61GF Score

Get the complete analysis for XSWX:CALN

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

CHF17.66
Price
CHF27.03
GF Value