Storytel AB (OSTO:STORY B) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Storytel AB Debt-to-Equity?

Storytel AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Storytel AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Storytel AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,221 Mil. Storytel AB's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

OSTO:STORY B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.59 Max: 4.21
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Storytel AB was 4.21. The lowest was 0.07. And the median was 0.59.

OSTO:STORY B's Debt-to-Equity is ranked worse than
69.59% of 845 companies
in the Media - Diversified industry
Industry Median: 0.28 vs OSTO:STORY B: 0.69

Storytel AB Debt-to-Equity Historical Data

The historical data trend for Storytel 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.

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Storytel AB Debt-to-Equity Chart

Storytel AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.00

0.15

0.07

0.59

0.70

Storytel 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															-	-	-	0.70	-

Competitive Comparison of Storytel AB's Debt-to-Equity

For the Publishing subindustry, Storytel 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.

Storytel AB's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Storytel AB's Debt-to-Equity distribution charts can be found below:

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

Storytel AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Storytel 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
	=	(790.625	+	49.97)	/	1207.838
	=	0.70

Storytel 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
	=	(0	+	0)	/	1221.096
	=	0.00

Storytel AB (OSTO:STORY 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.

Storytel AB Debt-to-Equity Related Terms

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

Storytel AB (OSTO:STORY B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Storytel AB (OSTO:STORY B) » Definitions » Debt-to-Equity

Traded in Other Exchanges

DST:Germany

Address

Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51

Website

https://www.storytel.com/in/en

Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.

Storytel AB (OSTO:STORY B) Headlines

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