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Saxlund Group AB (OSTO:SAXG) Debt-to-Equity : 6.44 (As of Mar. 2024)


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What is Saxlund Group AB Debt-to-Equity?

Saxlund Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr39.9 Mil. Saxlund Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr12.5 Mil. Saxlund Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr8.1 Mil. Saxlund Group AB's debt to equity for the quarter that ended in Mar. 2024 was 6.44.

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

OSTO:SAXG' s Debt-to-Equity Range Over the Past 10 Years
Min: -18.78   Med: 0.4   Max: 31.83
Current: 6.44

During the past 13 years, the highest Debt-to-Equity Ratio of Saxlund Group AB was 31.83. The lowest was -18.78. And the median was 0.40.

OSTO:SAXG's Debt-to-Equity is ranked worse than
99.09% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs OSTO:SAXG: 6.44

Saxlund Group AB Debt-to-Equity Historical Data

The historical data trend for Saxlund 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.

Saxlund Group AB Debt-to-Equity Chart

Saxlund Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.24 0.21 0.21 0.75 2.65

Saxlund 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 0.84 0.96 0.99 2.65 6.44

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

For the Pollution & Treatment Controls subindustry, Saxlund 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.


Saxlund Group AB's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Saxlund Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Saxlund 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.


Saxlund Group AB  (OSTO:SAXG) 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.


Saxlund Group AB Debt-to-Equity Related Terms

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Saxlund Group AB (OSTO:SAXG) Business Description

Traded in Other Exchanges
N/A
Address
Fannys Vag 3, Nacka, SWE, 131 54
Saxlund Group AB is an environmental technology company. The company develops, manufactures and services plants and equipment for the production of environmentally-friendly and resource-efficient energy.

Saxlund Group AB (OSTO:SAXG) Headlines

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