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Epiroc AB (Epiroc AB) Debt-to-Equity : 0.50 (As of Mar. 2024)


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What is Epiroc AB Debt-to-Equity?

Epiroc AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $219 Mil. Epiroc AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,700 Mil. Epiroc AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3,877 Mil. Epiroc AB's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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

EPOKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 0.4   Max: 0.59
Current: 0.5

During the past 9 years, the highest Debt-to-Equity Ratio of Epiroc AB was 0.59. The lowest was 0.29. And the median was 0.40.

EPOKY's Debt-to-Equity is ranked worse than
55.68% of 185 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.41 vs EPOKY: 0.50

Epiroc AB Debt-to-Equity Historical Data

The historical data trend for Epiroc 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.

Epiroc AB Debt-to-Equity Chart

Epiroc AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.37 0.42 0.36 0.33 0.37

Epiroc 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 0.34 0.41 0.38 0.37 0.50

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

For the Farm & Heavy Construction Machinery subindustry, Epiroc 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.


Epiroc AB's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Debt-to-Equity distribution charts can be found below:

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



Epiroc AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Epiroc 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.


Epiroc AB  (OTCPK:EPOKY) 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.


Epiroc AB Debt-to-Equity Related Terms

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Epiroc AB (Epiroc AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-131 54
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on the Nasdaq Stockholm in June 2018.

Epiroc AB (Epiroc AB) Headlines

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