Indutrade AB (OSTO:INDT) Debt-to-Equity : 0.72 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Indutrade AB Debt-to-Equity?

Indutrade AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,572 Mil. Indutrade AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr8,561 Mil. Indutrade AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr15,530 Mil. Indutrade AB's debt to equity for the quarter that ended in Mar. 2024 was 0.72.

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

OSTO:INDT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 0.83 Max: 1.15
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Indutrade AB was 1.15. The lowest was 0.61. And the median was 0.83.

OSTO:INDT's Debt-to-Equity is ranked worse than
61.94% of 134 companies
in the Industrial Distribution industry
Industry Median: 0.525 vs OSTO:INDT: 0.72

Indutrade AB Debt-to-Equity Historical Data

The historical data trend for Indutrade 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.

Indutrade AB Debt-to-Equity Chart

Indutrade AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.90

0.61

0.63

0.77

0.71

Indutrade 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															0.85	0.84	0.79	0.71	0.72

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

For the Industrial Distribution subindustry, Indutrade 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.

Indutrade AB's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Indutrade AB's Debt-to-Equity distribution charts can be found below:

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

Indutrade AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Indutrade AB'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
	=	(2177	+	8085)	/	14475
	=	0.71

Indutrade AB'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
	=	(2572	+	8561)	/	15530
	=	0.72

Indutrade AB (OSTO:INDT) 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.

Indutrade AB Debt-to-Equity Related Terms

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

Indutrade AB (OSTO:INDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Indutrade AB (OSTO:INDT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0H30:UK I1M:Germany

Address

Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06

Website

https://www.indutrade.com

Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.