Storskogen Group AB (OSTO:STOR B) Debt-to-Equity : 0.61 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Storskogen Group AB Debt-to-Equity?

Storskogen Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,074 Mil. Storskogen Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr11,667 Mil. Storskogen Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr20,737 Mil. Storskogen Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.61.

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

OSTO:STOR B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.74 Max: 1.53
Current: 0.61

During the past 6 years, the highest Debt-to-Equity Ratio of Storskogen Group AB was 1.53. The lowest was 0.46. And the median was 0.74.

OSTO:STOR B's Debt-to-Equity is ranked worse than
78.19% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs OSTO:STOR B: 0.61

Storskogen Group AB Debt-to-Equity Historical Data

The historical data trend for Storskogen 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.

Storskogen Group AB Debt-to-Equity Chart

Storskogen Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.04

0.84

0.46

0.77

0.60

Storskogen Group AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.72	0.68	0.64	0.60	0.61

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

For the Asset Management subindustry, Storskogen 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.

Storskogen Group AB's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Storskogen Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Storskogen Group 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
	=	(976	+	11302)	/	20435
	=	0.60

Storskogen Group 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
	=	(1074	+	11667)	/	20737
	=	0.61

Storskogen Group AB (OSTO:STOR 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.

Storskogen Group AB Debt-to-Equity Related Terms

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

Storskogen Group AB (OSTO:STOR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Storskogen Group AB (OSTO:STOR B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0AA9:UK 0VK:Germany

Address

Hovslagargatan 3, 6th Floor, Stockholm, SWE, 111 48

Website

https://www.storskogen.com

Storskogen Group AB is an international group of businesses. It acquires and manages profitable small and medium-sized businesses with prime positions in their respective markets. It is divided into three business areas, Industry, Services, and Trade, predominantly in Sweden and with an increasing presence in the Nordics, Germany, Switzerland, and the UK.

Storskogen Group AB (OSTO:STOR B) Headlines

No Headlines