Alimak Group AB (OSTO:ALIG) Debt-to-Equity : 0.53 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Alimak Group AB Debt-to-Equity?

Alimak Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr132 Mil. Alimak Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr3,722 Mil. Alimak Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr7,347 Mil. Alimak Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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 Alimak Group AB's Debt-to-Equity or its related term are showing as below:

OSTO:ALIG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.4 Max: 2.15
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Alimak Group AB was 2.15. The lowest was 0.16. And the median was 0.40.

OSTO:ALIG's Debt-to-Equity is ranked worse than
68.58% of 2616 companies
in the Industrial Products industry
Industry Median: 0.28 vs OSTO:ALIG: 0.53

Alimak Group AB Debt-to-Equity Historical Data

The historical data trend for Alimak Group AB'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.

Alimak Group AB Debt-to-Equity Chart

Alimak Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.38

0.26

0.19

1.60

0.56

Alimak Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.62	0.63	0.57	0.56	0.53

Competitive Comparison of Alimak Group AB's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Alimak Group AB'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.

Alimak Group AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alimak Group AB's Debt-to-Equity distribution charts can be found below:

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

Alimak Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alimak Group AB'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
	=	(120	+	3759)	/	6955
	=	0.56

Alimak Group AB's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(132	+	3722)	/	7347
	=	0.52

Alimak Group AB (OSTO:ALIG) 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.

Alimak Group AB Debt-to-Equity Related Terms

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

Alimak Group AB (OSTO:ALIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alimak Group AB (OSTO:ALIG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0R8W:UK 2GP:Germany

Address

Blekholmstorget 30, Stockholm, SWE, SE-111 64

Website

https://www.alimakgroup.com

Alimak Group AB provides vertical access solutions to the permanently and temporarily installed products designed for residential, industrial, commercial and construction applications. The company has five segments, Facade Access, Construction, Height Safety and Productivity solutions, Industrial and Wind. The Group operates in various countries and all operating segments are represented in the geographical regions of Europe, Asia and Australia, South and North America and Other Markets. The Group develops, manufactures, sells and services various solutions with a focus on adding customer value through enhanced safety, higher productivity and improved cost efficiency. The products and solutions are sold under the brands Alimak, Tractel, CoxGomyl, Manntech, Avanti and Scanclimber.

Alimak Group AB (OSTO:ALIG) Headlines

No Headlines