NIBE Industrier AB (OSTO:NIBE B) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is NIBE Industrier AB Debt-to-Equity?

NIBE Industrier AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr5,849 Mil. NIBE Industrier AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr16,621 Mil. NIBE Industrier AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr30,160 Mil. NIBE Industrier AB's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

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

OSTO:NIBE B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.62 Max: 1.15
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of NIBE Industrier AB was 1.15. The lowest was 0.40. And the median was 0.62.

OSTO:NIBE B's Debt-to-Equity is ranked worse than
66.73% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs OSTO:NIBE B: 0.75

NIBE Industrier AB Debt-to-Equity Historical Data

The historical data trend for NIBE Industrier 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.

NIBE Industrier AB Debt-to-Equity Chart

NIBE Industrier AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.57

0.46

0.40

0.75

NIBE Industrier 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															0.40	0.40	0.43	0.71	0.75

Competitive Comparison of NIBE Industrier AB's Debt-to-Equity

For the Building Products & Equipment subindustry, NIBE Industrier 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.

NIBE Industrier AB's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's Debt-to-Equity distribution charts can be found below:

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

NIBE Industrier AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NIBE Industrier 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
	=	(5849	+	16621)	/	30160
	=	0.75

NIBE Industrier 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
	=	(5849	+	16621)	/	30160
	=	0.75

NIBE Industrier AB (OSTO:NIBE 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.

NIBE Industrier AB Debt-to-Equity Related Terms

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NIBE Industrier AB (OSTO:NIBE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NIBE Industrier AB (OSTO:NIBE B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NIABY:USA NDRBF:USA NIBEBs:UK 0RH0:UK NJB:Germany NIBEB:Switzerland

Address

Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21

Website

https://www.nibe.com

NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

NIBE Industrier AB (OSTO:NIBE B) Headlines

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