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Podravka DD (ZAG:PODR) Debt-to-Equity : 0.10 (As of Dec. 2023)


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What is Podravka DD Debt-to-Equity?

Podravka DD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €48.8 Mil. Podravka DD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8.7 Mil. Podravka DD's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €564.4 Mil. Podravka DD's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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

ZAG:PODR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.3   Max: 0.62
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Podravka DD was 0.62. The lowest was 0.10. And the median was 0.30.

ZAG:PODR's Debt-to-Equity is ranked better than
80.56% of 1651 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs ZAG:PODR: 0.10

Podravka DD Debt-to-Equity Historical Data

The historical data trend for Podravka DD'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.

Podravka DD Debt-to-Equity Chart

Podravka DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.23 0.14 0.16 0.10

Podravka DD Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.16 0.16 0.13 0.10 0.10

Competitive Comparison of Podravka DD's Debt-to-Equity

For the Packaged Foods subindustry, Podravka DD'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.


Podravka DD's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Podravka DD's Debt-to-Equity distribution charts can be found below:

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



Podravka DD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Podravka DD's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Podravka DD's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Podravka DD  (ZAG:PODR) 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.


Podravka DD Debt-to-Equity Related Terms

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


Podravka DD (ZAG:PODR) Business Description

Traded in Other Exchanges
N/A
Address
Ante Starcevica 32, Koprivnica, HRV, 48000
Podravka DD is a Croatia-based company engaged in the production of food products and non-alcoholic beverages. The reportable segments of the company are Food, Pharmaceuticals, and other segments. Geographical presence in Markets of Croatia and Slovenia, Southeastern Europe, Central Europe, Central Europe and Eastern Europe. Majority of its revenue comes from Markets of Croatia and Slovenia.

Podravka DD (ZAG:PODR) Headlines

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