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Matas A/S (OCSE:MATAS) Debt-to-Equity : 0.83 (As of Dec. 2023)


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What is Matas A/S Debt-to-Equity?

Matas A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr371 Mil. Matas A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr2,541 Mil. Matas A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr3,527 Mil. Matas A/S's debt to equity for the quarter that ended in Dec. 2023 was 0.83.

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 Matas A/S's Debt-to-Equity or its related term are showing as below:

OCSE:MATAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.64   Max: 1.03
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Matas A/S was 1.03. The lowest was 0.41. And the median was 0.64.

OCSE:MATAS's Debt-to-Equity is ranked worse than
60.46% of 999 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs OCSE:MATAS: 0.83

Matas A/S Debt-to-Equity Historical Data

The historical data trend for Matas A/S'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.

Matas A/S Debt-to-Equity Chart

Matas A/S Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.94 0.58 0.53 0.50

Matas A/S 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 0.41 0.50 0.46 0.97 0.83

Competitive Comparison of Matas A/S's Debt-to-Equity

For the Specialty Retail subindustry, Matas A/S'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.


Matas A/S's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Matas A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Matas A/S's Debt-to-Equity falls into.



Matas A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Matas A/S's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Matas A/S'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.


Matas A/S  (OCSE:MATAS) 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.


Matas A/S Debt-to-Equity Related Terms

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


Matas A/S (OCSE:MATAS) Business Description

Traded in Other Exchanges
Address
Rormosevej 1, Allerod, DNK, DK-3450
Matas A/S is a Denmark-based company engaged in a retail chain selling beauty, personal care, and health products. It has four categories. The high-End Beauty segment includes luxury beauty products, including cosmetics, skincare, and hair care products and fragrances. Mass Beauty segment includes everyday beauty products and personal care, including cosmetics and skincare and haircare products. Health and Wellbeing segment includes medicare, vitamins, minerals, supplements, specialty foods, herbal medicinal products, sports, nutrition and exercise, mother and child, personal care products, and special skincare products. The other segment includes clothing and accessories, house and garden, and Other products. Geographically, it operates only in Denmark.

Matas A/S (OCSE:MATAS) Headlines

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