Job Solution Sweden Holding AB (OSTO:JOBS) Debt-to-Equity : 0.88 (As of Dec. 2023)

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What is Job Solution Sweden Holding AB Debt-to-Equity?

Job Solution Sweden Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr13.83 Mil. Job Solution Sweden Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr18.30 Mil. Job Solution Sweden Holding AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr36.48 Mil. Job Solution Sweden Holding AB's debt to equity for the quarter that ended in Dec. 2023 was 0.88.

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 Job Solution Sweden Holding AB's Debt-to-Equity or its related term are showing as below:

OSTO:JOBS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.41 Max: 0.88
Current: 0.88

During the past 4 years, the highest Debt-to-Equity Ratio of Job Solution Sweden Holding AB was 0.88. The lowest was 0.36. And the median was 0.41.

OSTO:JOBS's Debt-to-Equity is ranked worse than
71.34% of 928 companies
in the Business Services industry
Industry Median: 0.37 vs OSTO:JOBS: 0.88

Job Solution Sweden Holding AB Debt-to-Equity Historical Data

The historical data trend for Job Solution Sweden Holding 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.

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Job Solution Sweden Holding AB Debt-to-Equity Chart

Job Solution Sweden Holding AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.41

0.36

0.88

Job Solution Sweden Holding AB Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.36	0.44	0.62	0.59	0.88

Competitive Comparison of Job Solution Sweden Holding AB's Debt-to-Equity

For the Staffing & Employment Services subindustry, Job Solution Sweden Holding 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.

Job Solution Sweden Holding AB's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Job Solution Sweden Holding AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Job Solution Sweden Holding AB's Debt-to-Equity falls into.

Job Solution Sweden Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Job Solution Sweden Holding 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
	=	(13.83	+	18.302)	/	36.477
	=	0.88

Job Solution Sweden Holding AB's Debt to Equity Ratio for the quarter 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
	=	(13.83	+	18.302)	/	36.477
	=	0.88

Job Solution Sweden Holding AB (OSTO:JOBS) 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.

Job Solution Sweden Holding AB Debt-to-Equity Related Terms

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