Fastighets AB Balder (OSTO:BALD B) Debt-to-Equity : 1.71 (As of Mar. 2024)

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What is Fastighets AB Balder Debt-to-Equity?

Fastighets AB Balder's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Fastighets AB Balder's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr142,532 Mil. Fastighets AB Balder's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr83,327 Mil. Fastighets AB Balder's debt to equity for the quarter that ended in Mar. 2024 was 1.71.

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

OSTO:BALD B' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.48 Med: 1.7 Max: 2.09
Current: 1.71

During the past 13 years, the highest Debt-to-Equity Ratio of Fastighets AB Balder was 2.09. The lowest was 1.48. And the median was 1.70.

OSTO:BALD B's Debt-to-Equity is ranked worse than
78.09% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs OSTO:BALD B: 1.71

Fastighets AB Balder Debt-to-Equity Historical Data

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Debt-to-Equity Chart

Fastighets AB Balder Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.69

1.56

1.53

1.52

1.66

Fastighets AB Balder 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															1.60	1.61	1.59	1.66	1.71

Competitive Comparison of Fastighets AB Balder's Debt-to-Equity

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.

Fastighets AB Balder's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fastighets AB Balder's Debt-to-Equity distribution charts can be found below:

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

Fastighets AB Balder Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fastighets AB Balder'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
	=	(12863	+	123714)	/	82312
	=	1.66

Fastighets AB Balder'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
	=	(0	+	142532)	/	83327
	=	1.71

Fastighets AB Balder (OSTO:BALD 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.

Fastighets AB Balder Debt-to-Equity Related Terms

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Fastighets AB Balder (OSTO:BALD B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fastighets AB Balder (OSTO:BALD B) » Definitions » Debt-to-Equity

Traded in Other Exchanges

BALDF:USA 0H2Z:UK 28F0:Germany

Address

Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15

Website

https://www.balder.se

Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (OSTO:BALD B) Headlines

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