Bonava AB (CHIX:BONABS) Debt-to-Equity : 0.71 (As of Mar. 2024)

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What is Bonava AB Debt-to-Equity?

Bonava AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,144 Mil. Bonava AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4,198 Mil. Bonava AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr7,570 Mil. Bonava AB's debt to equity for the quarter that ended in Mar. 2024 was 0.71.

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

CHIX:BONABs' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.93 Max: 35.04
Current: 0.71

During the past 12 years, the highest Debt-to-Equity Ratio of Bonava AB was 35.04. The lowest was 0.54. And the median was 0.93.

CHIX:BONABs's Debt-to-Equity is ranked worse than
62.77% of 94 companies
in the Homebuilding & Construction industry
Industry Median: 0.535 vs CHIX:BONABs: 0.71

Bonava AB Debt-to-Equity Historical Data

The historical data trend for Bonava 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.

Bonava AB Debt-to-Equity Chart

Bonava AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.98

0.60

0.54

0.87

0.88

Bonava 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															1.01	1.09	1.14	0.88	0.71

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

For the Residential Construction subindustry, Bonava 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.

Bonava AB's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Bonava AB's Debt-to-Equity distribution charts can be found below:

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

Bonava AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bonava 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
	=	(5594	+	228)	/	6596
	=	0.88

Bonava 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
	=	(1144	+	4198)	/	7570
	=	0.71

Bonava AB (CHIX:BONABs) 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.

Bonava AB Debt-to-Equity Related Terms

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Bonava AB (CHIX:BONABS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Bonava AB (CHIX:BONABs) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BONAV B:Sweden BONAV A:Sweden 0RHA:UK 66B:Germany

Address

Lindhagensgatan 72, Stockholm, SWE, 11218

Website

https://www.bonava.com

Bonava AB is a Swedish residential development company. It acts as a developer of residential housing in northern Europe. The company is engaged in developing and selling affordable and sustainable homes to consumers and investors in selected markets in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia, and Latvia. Bonava provides multi-family housing and single-family housing and develops homes for consumers and investors, such as pension funds, jointly with municipalities and other stakeholders. Its product segments are categorized as Affordable, Core and High-end. Bonava operates in the Berlin, Hamburg, Baltic coast, Saxony, Rhien-Ruhr, Cologne/ Bonn, Rhien-Main and Rhine-Neckar/Stuttgart regions.Key revenue is earned from sales in Germany.

Bonava AB (CHIX:BONABS) Headlines

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