K2A Knaust & Andersson Fastigheter (OSTO:K2A B) Debt-to-Equity : 2.99 (As of Mar. 2024)

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What is K2A Knaust & Andersson Fastigheter Debt-to-Equity?

K2A Knaust & Andersson Fastigheter's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,287.7 Mil. K2A Knaust & Andersson Fastigheter's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4,652.3 Mil. K2A Knaust & Andersson Fastigheter's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr2,324.8 Mil. K2A Knaust & Andersson Fastigheter's debt to equity for the quarter that ended in Mar. 2024 was 2.99.

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 K2A Knaust & Andersson Fastigheter's Debt-to-Equity or its related term are showing as below:

OSTO:K2A B' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.6 Med: 2.23 Max: 2.99
Current: 2.99

During the past 8 years, the highest Debt-to-Equity Ratio of K2A Knaust & Andersson Fastigheter was 2.99. The lowest was 1.60. And the median was 2.23.

OSTO:K2A B's Debt-to-Equity is ranked worse than
91.01% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs OSTO:K2A B: 2.99

K2A Knaust & Andersson Fastigheter Debt-to-Equity Historical Data

The historical data trend for K2A Knaust & Andersson Fastigheter'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.

K2A Knaust & Andersson Fastigheter Debt-to-Equity Chart

K2A Knaust & Andersson Fastigheter Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.88

2.41

2.03

2.53

2.94

K2A Knaust & Andersson Fastigheter 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															2.81	2.69	2.71	2.94	2.99

Competitive Comparison of K2A Knaust & Andersson Fastigheter's Debt-to-Equity

For the Real Estate Services subindustry, K2A Knaust & Andersson Fastigheter'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.

K2A Knaust & Andersson Fastigheter's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, K2A Knaust & Andersson Fastigheter's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where K2A Knaust & Andersson Fastigheter's Debt-to-Equity falls into.

K2A Knaust & Andersson Fastigheter Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

K2A Knaust & Andersson Fastigheter'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
	=	(2098.6	+	4835.2)	/	2357.4
	=	2.94

K2A Knaust & Andersson Fastigheter'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
	=	(2287.7	+	4652.3)	/	2324.8
	=	2.99

K2A Knaust & Andersson Fastigheter (OSTO:K2A 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.

K2A Knaust & Andersson Fastigheter Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of K2A Knaust & Andersson Fastigheter's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

K2A Knaust & Andersson Fastigheter (OSTO:K2A B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » K2A Knaust & Andersson Fastigheter (OSTO:K2A B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

K2A.PREF.PFD:Sweden

Address

Nybrogatan 59, Stockholm, SWE, 114 40

Website

http://www.k2a.se

K2A Knaust & Andersson Fastigheter is a real estate company. It is engaged in long-term management of self-produced rental units for different accommodations. It also develops & offers modern, functional homes with efficient customer-oriented management.

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