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Green Landscaping Group AB (OSTO:GREEN) Debt-to-Equity : 0.36 (As of Mar. 2024)


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What is Green Landscaping Group AB Debt-to-Equity?

Green Landscaping Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr172 Mil. Green Landscaping Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr372 Mil. Green Landscaping Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,496 Mil. Green Landscaping Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.36.

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

OSTO:GREEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.52   Max: 163.29
Current: 0.36

During the past 9 years, the highest Debt-to-Equity Ratio of Green Landscaping Group AB was 163.29. The lowest was 0.25. And the median was 0.52.

OSTO:GREEN's Debt-to-Equity is ranked better than
51.94% of 928 companies
in the Business Services industry
Industry Median: 0.37 vs OSTO:GREEN: 0.36

Green Landscaping Group AB Debt-to-Equity Historical Data

The historical data trend for Green Landscaping 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.

Green Landscaping Group AB Debt-to-Equity Chart

Green Landscaping Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 3.35 1.95 1.55 1.75 1.62

Green Landscaping Group AB 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 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 0.39 0.37 0.38 1.62 0.36

Competitive Comparison of Green Landscaping Group AB's Debt-to-Equity

For the Specialty Business Services subindustry, Green Landscaping 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.


Green Landscaping Group AB's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Green Landscaping Group AB's Debt-to-Equity distribution charts can be found below:

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



Green Landscaping Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Green Landscaping Group 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.


Green Landscaping Group AB  (OSTO:GREEN) 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.


Green Landscaping Group AB Debt-to-Equity Related Terms

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Green Landscaping Group AB (OSTO:GREEN) Business Description

Traded in Other Exchanges
Address
Biblioteksgatan 25, Stockholm, SWE, 114 35
Green Landscaping Group AB is engaged in maintenance and planning of outdoor environments such as green areas, parks, courtyards, tree care and sports facilities. The service areas it is involved in are landscaping and construction and ground maintenance. During winter, it also offers snow and ice removal. The Group is gathered under six geographic segments: Region South, Region Mid, Region Stockholm, Region North, Region Norway and Region Finland and other.

Green Landscaping Group AB (OSTO:GREEN) Headlines

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