Holmen AB (LTS:0XS9) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Holmen AB Debt-to-Equity?

Holmen AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr114 Mil. Holmen AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr158 Mil. Holmen AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr56,960 Mil. Holmen AB's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

LTS:0XS9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.27
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Holmen AB was 0.27. The lowest was 0.01. And the median was 0.01.

LTS:0XS9's Debt-to-Equity is ranked better than
99.62% of 266 companies
in the Forest Products industry
Industry Median: 0.475 vs LTS:0XS9: 0.01

Holmen AB Debt-to-Equity Historical Data

The historical data trend for Holmen 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.

Holmen AB Debt-to-Equity Chart

Holmen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.11

0.09

0.06

0.04

Holmen 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															0.01	0.01	0.01	0.04	0.01

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

For the Paper & Paper Products subindustry, Holmen 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.

Holmen AB's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Debt-to-Equity distribution charts can be found below:

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

Holmen AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Holmen 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
	=	(91	+	2060)	/	56923
	=	0.04

Holmen 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
	=	(114	+	158)	/	56960
	=	0.00

Holmen AB (LTS:0XS9) 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.

Holmen AB Debt-to-Equity Related Terms

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

Holmen AB (LTS:0XS9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Holmen AB (LTS:0XS9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HLMNY:USA HOLM B:Sweden HOLM A:Sweden HL9C:Germany

Address

Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84

Website

https://www.holmen.com

Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (LTS:0XS9) Headlines

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