LapWall Oyj (OHEL:LAPWALL) Debt-to-Equity : 0.12 (As of Jun. 2023)

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What is LapWall Oyj Debt-to-Equity?

LapWall Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.87 Mil. LapWall Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.98 Mil. LapWall Oyj's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €15.55 Mil. LapWall Oyj's debt to equity for the quarter that ended in Jun. 2023 was 0.12.

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

OHEL:LAPWALL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.34 Max: 1.02
Current: 0.12

During the past 4 years, the highest Debt-to-Equity Ratio of LapWall Oyj was 1.02. The lowest was 0.12. And the median was 0.34.

OHEL:LAPWALL's Debt-to-Equity is ranked better than
79.25% of 265 companies
in the Forest Products industry
Industry Median: 0.49 vs OHEL:LAPWALL: 0.12

LapWall Oyj Debt-to-Equity Historical Data

The historical data trend for LapWall Oyj'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.

LapWall Oyj Debt-to-Equity Chart

LapWall Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.92

1.02

0.47

0.15

LapWall Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.47	0.22	0.15	0.12

Competitive Comparison of LapWall Oyj's Debt-to-Equity

For the Lumber & Wood Production subindustry, LapWall Oyj'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.

LapWall Oyj's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, LapWall Oyj's Debt-to-Equity distribution charts can be found below:

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

LapWall Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LapWall Oyj'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
	=	(0.981	+	1.364)	/	15.86
	=	0.15

LapWall Oyj'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
	=	(0.866	+	0.976)	/	15.551
	=	0.12

LapWall Oyj (OHEL:LAPWALL) 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.

LapWall Oyj Debt-to-Equity Related Terms

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LapWall Oyj (OHEL:LAPWALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » LapWall Oyj (OHEL:LAPWALL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Periojantie 3, Pyhanta, FIN, 92930

Website

https://www.lapwall.fi

LapWall Oyj is a manufacturer and developer of wood elements. The LapWall LEK - Element System covers everything from sales to installation. LapWall LEKO - Element System contains more than 50 products, all of which are wooden elements.

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