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Nivika Fastigheter AB (FRA:Y5R) Debt-to-Equity : 0.95 (As of Feb. 2024)


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What is Nivika Fastigheter AB Debt-to-Equity?

Nivika Fastigheter AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €11.66 Mil. Nivika Fastigheter AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €451.37 Mil. Nivika Fastigheter AB's Total Stockholders Equity for the quarter that ended in Feb. 2024 was €487.38 Mil. Nivika Fastigheter AB's debt to equity for the quarter that ended in Feb. 2024 was 0.95.

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

FRA:Y5R' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95   Med: 1.3   Max: 2.02
Current: 0.95

During the past 5 years, the highest Debt-to-Equity Ratio of Nivika Fastigheter AB was 2.02. The lowest was 0.95. And the median was 1.30.

FRA:Y5R's Debt-to-Equity is ranked worse than
58.25% of 1588 companies
in the Real Estate industry
Industry Median: 0.76 vs FRA:Y5R: 0.95

Nivika Fastigheter AB Debt-to-Equity Historical Data

The historical data trend for Nivika Fastigheter 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.

Nivika Fastigheter AB Debt-to-Equity Chart

Nivika Fastigheter AB Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
2.02 1.83 1.76 1.33 1.08

Nivika Fastigheter AB Quarterly Data
Aug19 Aug20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.36 1.04 1.08 1.11 0.95

Competitive Comparison of Nivika Fastigheter AB's Debt-to-Equity

For the Real Estate Services subindustry, Nivika Fastigheter 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.


Nivika Fastigheter AB's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nivika Fastigheter AB's Debt-to-Equity distribution charts can be found below:

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



Nivika Fastigheter AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nivika Fastigheter AB's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Nivika Fastigheter AB's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Nivika Fastigheter AB  (FRA:Y5R) 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.


Nivika Fastigheter AB Debt-to-Equity Related Terms

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


Nivika Fastigheter AB (FRA:Y5R) Business Description

Traded in Other Exchanges
Address
Ringvagen 38, Värnamo, SWE, 331 32
Nivika Fastigheter AB is a real estate company. Its main objectives is owning, managing, and developing properties.

Nivika Fastigheter AB (FRA:Y5R) Headlines

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