Systemair AB (LTS:0HDK) Debt-to-Equity : 0.28 (As of Jan. 2024)

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What is Systemair AB Debt-to-Equity?

Systemair AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was kr762 Mil. Systemair AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was kr715 Mil. Systemair AB's Total Stockholders Equity for the quarter that ended in Jan. 2024 was kr5,339 Mil. Systemair AB's debt to equity for the quarter that ended in Jan. 2024 was 0.28.

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

LTS:0HDK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.65 Max: 0.87
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Systemair AB was 0.87. The lowest was 0.28. And the median was 0.65.

LTS:0HDK's Debt-to-Equity is ranked better than
61.94% of 1508 companies
in the Construction industry
Industry Median: 0.44 vs LTS:0HDK: 0.28

Systemair AB Debt-to-Equity Historical Data

The historical data trend for Systemair 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.

Systemair AB Debt-to-Equity Chart

Systemair AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.79

0.74

0.54

0.62

0.35

Systemair AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.61	0.35	0.33	0.33	0.28

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

For the Building Products & Equipment subindustry, Systemair 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.

Systemair AB's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Systemair AB's Debt-to-Equity distribution charts can be found below:

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

Systemair AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Systemair AB's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(1170.7	+	671.6)	/	5265.7
	=	0.35

Systemair AB's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(761.8	+	715.2)	/	5339.3
	=	0.28

Systemair AB (LTS:0HDK) 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.

Systemair AB Debt-to-Equity Related Terms

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Systemair AB (LTS:0HDK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Systemair AB (LTS:0HDK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SYSR:Sweden 52SA:Germany

Address

Industrivagen 3, Skinnskatteberg, SWE, SE-739 30

Website

https://www.systemair.com

Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy efficient fans. The company also markets products under their Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtain and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. Systemair generates the majority of its revenue from Western Europe.

Systemair AB (LTS:0HDK) Headlines

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