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NetJobs Group AB (OSTO:NJOB) Debt-to-Equity : 1.44 (As of Sep. 2023)


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What is NetJobs Group AB Debt-to-Equity?

NetJobs Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.60 Mil. NetJobs Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr2.80 Mil. NetJobs Group AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr2.37 Mil. NetJobs Group AB's debt to equity for the quarter that ended in Sep. 2023 was 1.44.

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

OSTO:NJOB' s Debt-to-Equity Range Over the Past 10 Years
Min: -67.98   Med: 0.08   Max: 71.43
Current: 1.44

During the past 13 years, the highest Debt-to-Equity Ratio of NetJobs Group AB was 71.43. The lowest was -67.98. And the median was 0.08.

OSTO:NJOB's Debt-to-Equity is ranked worse than
81.32% of 926 companies
in the Business Services industry
Industry Median: 0.37 vs OSTO:NJOB: 1.44

NetJobs Group AB Debt-to-Equity Historical Data

The historical data trend for NetJobs 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.

NetJobs Group AB Debt-to-Equity Chart

NetJobs Group AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 -2.39 -6.19 -6.99 9.07

NetJobs Group AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.65 9.07 -5.23 1.13 1.44

Competitive Comparison of NetJobs Group AB's Debt-to-Equity

For the Staffing & Employment Services subindustry, NetJobs 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.


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

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

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



NetJobs Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NetJobs Group AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

NetJobs Group AB's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


NetJobs Group AB  (OSTO:NJOB) 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.


NetJobs Group AB Debt-to-Equity Related Terms

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


NetJobs Group AB (OSTO:NJOB) Business Description

Traded in Other Exchanges
N/A
Address
Grev Turegatan 19, Stockholm, SWE, 114 38
NetJobs Group AB provides specific career website network in northern Europe. The company owns and operates 42 job sites in Sweden, Germany, Norway, Finland and Denmark.

NetJobs Group AB (OSTO:NJOB) Headlines

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