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Navigo Invest AB (OSTO:NAVIGO PREF) Debt-to-Equity : 0.10 (As of Dec. 2023)


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What is Navigo Invest AB Debt-to-Equity?

Navigo Invest AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr65.5 Mil. Navigo Invest AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr78.0 Mil. Navigo Invest AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr1,464.5 Mil. Navigo Invest AB's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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

OSTO:NAVIGO PREF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 4.03
Current: 0.1

During the past 10 years, the highest Debt-to-Equity Ratio of Navigo Invest AB was 4.03. The lowest was 0.01. And the median was 0.20.

OSTO:NAVIGO PREF's Debt-to-Equity is ranked better than
68.61% of 1013 companies
in the Asset Management industry
Industry Median: 0.2 vs OSTO:NAVIGO PREF: 0.10

Navigo Invest AB Debt-to-Equity Historical Data

The historical data trend for Navigo Invest 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.

Navigo Invest AB Debt-to-Equity Chart

Navigo Invest AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 3.03 0.18 0.04 0.10

Navigo Invest AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.15 0.08 0.09 0.10

Competitive Comparison of Navigo Invest AB's Debt-to-Equity

For the Asset Management subindustry, Navigo Invest 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.


Navigo Invest AB's Debt-to-Equity Distribution in the Asset Management Industry

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

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



Navigo Invest AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Navigo Invest AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Navigo Invest AB's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Navigo Invest AB  (OSTO:NAVIGO PREF) 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.


Navigo Invest AB Debt-to-Equity Related Terms

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


Navigo Invest AB (OSTO:NAVIGO PREF) Business Description

Traded in Other Exchanges
Address
Stora Nygatan 31, Göteborg, SWE, 411 08
Navigo Invest AB is an investment company that invests in smaller and medium sized unlisted companies in Sweden. The company also offers professional services, Pegroco Advisory, which includes services within capital procurement, company transactions and business development.

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