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Acroud AB (OSTO:ACROUD) Debt-to-Equity : 1.57 (As of Sep. 2023)


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What is Acroud AB Debt-to-Equity?

Acroud AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr2.6 Mil. Acroud AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr202.5 Mil. Acroud AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr130.3 Mil. Acroud AB's debt to equity for the quarter that ended in Sep. 2023 was 1.57.

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

OSTO:ACROUD' s Debt-to-Equity Range Over the Past 10 Years
Min: -17.13   Med: 0.82   Max: 75.36
Current: 1.57

During the past 13 years, the highest Debt-to-Equity Ratio of Acroud AB was 75.36. The lowest was -17.13. And the median was 0.82.

OSTO:ACROUD's Debt-to-Equity is ranked worse than
80.17% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs OSTO:ACROUD: 1.57

Acroud AB Debt-to-Equity Historical Data

The historical data trend for Acroud 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.

Acroud AB Debt-to-Equity Chart

Acroud AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.15 0.61 0.47 0.82

Acroud AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only 0.45 0.82 0.82 7.86 1.57

Competitive Comparison of Acroud AB's Debt-to-Equity

For the Gambling subindustry, Acroud 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.


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

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

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



Acroud AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acroud AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Acroud AB's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Acroud AB  (OSTO:ACROUD) 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.


Acroud AB Debt-to-Equity Related Terms

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


Acroud AB (OSTO:ACROUD) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 7385, Stockholm, SWE, SE-103 91
Acroud AB owns, operates and develops comparison sites primarily within iGaming affiliation in order to help its partners by driving users to the company's customers - primarily gaming operators. The operating business segments are igaming affiliation and SaaS segment. The iGaming Affiliation Segment is the underlying affiliate business containing the traditional business areas, Poker, Sports Betting and Casino. The SaaS segment comprises the B2B software solutions to other affiliates and increase their growth and profit with technology base.

Acroud AB (OSTO:ACROUD) Headlines

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