Dometic Group AB (OSTO:DOM) Debt-to-Equity : 0.66 (As of Mar. 2024)

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What is Dometic Group AB Debt-to-Equity?

Dometic Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr747 Mil. Dometic Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr17,773 Mil. Dometic Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr28,010 Mil. Dometic Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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

OSTO:DOM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.74 Max: 1.47
Current: 0.66

During the past 12 years, the highest Debt-to-Equity Ratio of Dometic Group AB was 1.47. The lowest was 0.31. And the median was 0.74.

OSTO:DOM's Debt-to-Equity is ranked worse than
59.1% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs OSTO:DOM: 0.66

Dometic Group AB Debt-to-Equity Historical Data

The historical data trend for Dometic 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.

Dometic Group AB Debt-to-Equity Chart

Dometic Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.74

0.88

0.77

0.75

0.71

Dometic 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															0.76	0.79	0.65	0.71	0.66

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

For the Leisure subindustry, Dometic 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.

Dometic Group AB's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dometic Group AB's Debt-to-Equity distribution charts can be found below:

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

Dometic Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dometic 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
	=	(388	+	18051)	/	25992
	=	0.71

Dometic 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
	=	(747	+	17773)	/	28010
	=	0.66

Dometic Group AB (OSTO:DOM) 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.

Dometic Group AB Debt-to-Equity Related Terms

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Dometic Group AB (OSTO:DOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dometic Group AB (OSTO:DOM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DTCGF:USA DOMs:UK 0RCO:UK D00:Germany

Address

Hemvarnsgatan 15, 6th Floor, Solna, SWE, SE-171 54

Website

https://www.dometic.com

Dometic Group AB provides leisure products for recreational vehicles (RV), marine and commercial and passenger vehicles (CPV) markets. It provides branded solutions for mobile living in the areas of climate, Power & Control, hygiene and sanitation, and food and beverage. It serves the market with a complete range of air conditioners, refrigerators, awnings, cookers, sanitation, lighting, mobile power equipment, windows, doors, and other comfort and safety products that make life away from home more comfortable. The group is organized into four regions, Europe, Middle East and Africa (EMEA), the Americas, Asia Pacific (APAC), and other countries.

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