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Profoto Holding AB (OSTO:PRFO) Debt-to-Equity : 0.25 (As of Mar. 2024)


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What is Profoto Holding AB Debt-to-Equity?

Profoto Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr74.0 Mil. Profoto Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr31.0 Mil. Profoto Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr422.0 Mil. Profoto Holding AB's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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

OSTO:PRFO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.3   Max: 0.7
Current: 0.25

During the past 6 years, the highest Debt-to-Equity Ratio of Profoto Holding AB was 0.70. The lowest was 0.01. And the median was 0.30.

OSTO:PRFO's Debt-to-Equity is ranked better than
67.05% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.455 vs OSTO:PRFO: 0.25

Profoto Holding AB Debt-to-Equity Historical Data

The historical data trend for Profoto 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.

* Premium members only.

Profoto Holding AB Debt-to-Equity Chart

Profoto Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.24 0.30 0.22 0.31 0.31

Profoto Holding AB Quarterly Data
Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.28 0.39 0.36 0.31 0.25

Competitive Comparison of Profoto Holding AB's Debt-to-Equity

For the Leisure subindustry, Profoto 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.


Profoto Holding AB's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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



Profoto Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Profoto Holding AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Profoto Holding AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Profoto Holding AB  (OSTO:PRFO) 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.


Profoto Holding AB Debt-to-Equity Related Terms

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


Profoto Holding AB (OSTO:PRFO) Business Description

Traded in Other Exchanges
Address
Landsvagen 57, Sundbyberg, SWE, 172 65
Profoto Holding AB is engaged in the manufacture and sale of studio flash systems and other accessories in the professional photo industry.

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