Dividend Sweden AB (NGM:DIV B) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Dividend Sweden AB Debt-to-Equity?

Dividend Sweden AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil. Dividend Sweden AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil. Dividend Sweden AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr58.20 Mil. Dividend Sweden AB's debt to equity for the quarter that ended in Dec. 2023 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 Dividend Sweden AB's Debt-to-Equity or its related term are showing as below:

NGM:DIV B's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Dividend Sweden AB Debt-to-Equity Historical Data

The historical data trend for Dividend Sweden 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.

Dividend Sweden AB Debt-to-Equity Chart

Dividend Sweden AB Annual Data

Trend

Debt-to-Equity

Dividend Sweden AB Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-	-	-	-

Competitive Comparison of Dividend Sweden AB's Debt-to-Equity

For the Asset Management subindustry, Dividend Sweden 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.

Dividend Sweden AB's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Sweden AB's Debt-to-Equity distribution charts can be found below:

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

Dividend Sweden AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dividend Sweden AB's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Dividend Sweden AB's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	58.2
	=	0.00

Dividend Sweden AB (NGM:DIV B) 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.

Dividend Sweden AB Debt-to-Equity Related Terms

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Dividend Sweden AB (NGM:DIV B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Sweden AB (NGM:DIV B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 29, Stockholm, SWE, 111 56

Website

https://www.dividendsweden.se

Dividend Sweden AB offers financial advisory services. It invests in other smaller, listed companies and assists with services related to financing solutions, in order to thereby create both short-term and long-term high and stable returns for its shareholders via dividends.

Dividend Sweden AB (NGM:DIV B) Headlines

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