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Saab AB (Saab AB) Debt-to-Equity : 0.29 (As of Mar. 2024)


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What is Saab AB Debt-to-Equity?

Saab AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $72 Mil. Saab AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $870 Mil. Saab AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3,201 Mil. Saab AB's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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

SAABF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.45   Max: 0.72
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Saab AB was 0.72. The lowest was 0.18. And the median was 0.45.

SAABF's Debt-to-Equity is ranked better than
63.14% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs SAABF: 0.29

Saab AB Debt-to-Equity Historical Data

The historical data trend for Saab 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.

Saab AB Debt-to-Equity Chart

Saab 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 0.51 0.47 0.42 0.34 0.31

Saab 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 0.32 0.31 0.30 0.31 0.29

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

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Debt-to-Equity distribution charts can be found below:

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



Saab AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Saab 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.


Saab AB  (OTCPK:SAABF) 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.


Saab AB Debt-to-Equity Related Terms

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


Saab AB (Saab AB) Business Description

Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (Saab AB) Headlines

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