L E Lundbergforetagen AB (OSTO:LUND B) Debt-to-Equity : 0.18 (As of Dec. 2023)

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What is L E Lundbergforetagen AB Debt-to-Equity?

L E Lundbergforetagen AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4,696 Mil. L E Lundbergforetagen AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr14,955 Mil. L E Lundbergforetagen AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr107,558 Mil. L E Lundbergforetagen AB's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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

OSTO:LUND B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.25 Max: 0.37
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of L E Lundbergforetagen AB was 0.37. The lowest was 0.18. And the median was 0.25.

OSTO:LUND B's Debt-to-Equity is ranked better than
53% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs OSTO:LUND B: 0.18

L E Lundbergforetagen AB Debt-to-Equity Historical Data

The historical data trend for L E Lundbergforetagen 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.

L E Lundbergforetagen AB Debt-to-Equity Chart

L E Lundbergforetagen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.22

0.21

0.18

L E Lundbergforetagen AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.21	-	-	-	0.18

Competitive Comparison of L E Lundbergforetagen AB's Debt-to-Equity

For the Asset Management subindustry, L E Lundbergforetagen 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.

L E Lundbergforetagen AB's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Debt-to-Equity distribution charts can be found below:

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

L E Lundbergforetagen AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

L E Lundbergforetagen 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
	=	(4696	+	14955)	/	107558
	=	0.18

L E Lundbergforetagen AB's Debt to Equity Ratio for the quarter 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
	=	(4696	+	14955)	/	107558
	=	0.18

L E Lundbergforetagen AB (OSTO:LUND 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.

L E Lundbergforetagen AB Debt-to-Equity Related Terms

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L E Lundbergforetagen AB (OSTO:LUND B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » L E Lundbergforetagen AB (OSTO:LUND B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LBGUF:USA LUNDBs:UK 0GWB:UK LK3B:Germany

Address

Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40

Website

https://www.lundbergforetagen.se

L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

L E Lundbergforetagen AB (OSTO:LUND B) Headlines

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