Duroc AB (CHIX:DURCBS) Debt-to-Equity : 0.20 (As of Mar. 2024)

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What is Duroc AB Debt-to-Equity?

Duroc AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr117 Mil. Duroc AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr107 Mil. Duroc AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,124 Mil. Duroc AB's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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

CHIX:DURCBs' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.33 Max: 0.66
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Duroc AB was 0.66. The lowest was 0.20. And the median was 0.33.

CHIX:DURCBs's Debt-to-Equity is ranked better than
70.92% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs CHIX:DURCBs: 0.20

Duroc AB Debt-to-Equity Historical Data

The historical data trend for Duroc 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.

Duroc AB Debt-to-Equity Chart

Duroc AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.50

0.42

0.32

0.34

0.26

Duroc 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															0.27	0.26	0.24	0.25	0.20

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

For the Textile Manufacturing subindustry, Duroc 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.

Duroc AB's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Duroc AB's Debt-to-Equity distribution charts can be found below:

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

Duroc AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Duroc AB's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(125.8	+	152.1)	/	1085.8
	=	0.26

Duroc 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
	=	(116.9	+	107)	/	1124
	=	0.20

Duroc AB (CHIX:DURCBs) 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.

Duroc AB Debt-to-Equity Related Terms

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

Duroc AB (CHIX:DURCBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Duroc AB (CHIX:DURCBs) » Definitions » Debt-to-Equity

Traded in Other Exchanges

DURC B:Sweden

Address

Reprovagen 15, Box 340, Taby, Stockholm, SWE, 183 13

Website

http://www.duroc.com

Duroc AB along with its holdings is engaged in manufacturing products for industrial customers based on material and surface refinement technology. Its business is divided into Industrial Trade, Fibre and Other industry. The Fibre business area is a producer of polypropylene-based fibres and yarns with customers mainly in the automotive, construction, furniture and filter industry. The Industrial Trade business area consists of Duroc Machine Tool and Universal Power Nordic. Whereas the other industry business area consists of Duroc Rail and Duroc Laser Coating.

Duroc AB (CHIX:DURCBS) Headlines

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