Anima Group AB (NGM:ANIMA B) Debt-to-Equity : 1.89 (As of Jun. 2023)

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What is Anima Group AB Debt-to-Equity?

Anima Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr2.69 Mil. Anima Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr4.61 Mil. Anima Group AB's Total Stockholders Equity for the quarter that ended in Jun. 2023 was kr3.85 Mil. Anima Group AB's debt to equity for the quarter that ended in Jun. 2023 was 1.89.

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

NGM:ANIMA B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 1.19 Max: 3.34
Current: 1.89

During the past 5 years, the highest Debt-to-Equity Ratio of Anima Group AB was 3.34. The lowest was 0.06. And the median was 1.19.

NGM:ANIMA B's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.62 vs NGM:ANIMA B: 1.89

Anima Group AB Debt-to-Equity Historical Data

The historical data trend for Anima 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.

Anima Group AB Debt-to-Equity Chart

Anima Group AB Annual Data

Trend

Mar17

Mar18

Mar19

Dec20

Dec21

Debt-to-Equity

6.23

3.34

2.11

0.30

0.06

Anima Group AB Semi-Annual Data
	Mar18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial					0.27	0.06	0.20	2.42	1.89

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

For the Specialty Retail subindustry, Anima 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.

Anima Group AB's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Anima Group AB's Debt-to-Equity distribution charts can be found below:

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

Anima Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anima Group AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(1.02	+	0)	/	17.834
	=	0.06

Anima Group AB's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2.69	+	4.606)	/	3.853
	=	1.89

Anima Group AB (NGM:ANIMA B) 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.

Anima Group AB Debt-to-Equity Related Terms

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Anima Group AB (NGM:ANIMA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Anima Group AB (NGM:ANIMA B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bruksvagen 11, Orrefors, SWE, 382 71

Website

https://www.animagroup.se

Anima Group AB is a Swedish dealer of equipment for horses and riders. It provides products for horses and carries out equestrian operations.

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