Wastbygg Gruppen AB (OSTO:WBGR B) Debt-to-Equity : 1.31 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Wastbygg Gruppen AB Debt-to-Equity?

Wastbygg Gruppen AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,354 Mil. Wastbygg Gruppen AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr132 Mil. Wastbygg Gruppen AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,136 Mil. Wastbygg Gruppen AB's debt to equity for the quarter that ended in Mar. 2024 was 1.31.

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

OSTO:WBGR B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.56 Max: 1.42
Current: 1.31

During the past 8 years, the highest Debt-to-Equity Ratio of Wastbygg Gruppen AB was 1.42. The lowest was 0.15. And the median was 0.56.

OSTO:WBGR B's Debt-to-Equity is ranked worse than
83.53% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs OSTO:WBGR B: 1.31

Wastbygg Gruppen AB Debt-to-Equity Historical Data

The historical data trend for Wastbygg Gruppen 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.

Wastbygg Gruppen AB Debt-to-Equity Chart

Wastbygg Gruppen AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.56

0.25

0.47

0.91

1.20

Wastbygg Gruppen AB Quarterly Data
	Dec18	Jun19	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															0.37	1.35	1.42	1.20	1.31

Competitive Comparison of Wastbygg Gruppen AB's Debt-to-Equity

For the Engineering & Construction subindustry, Wastbygg Gruppen 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.

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

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

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

Wastbygg Gruppen AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wastbygg Gruppen 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
	=	(1341	+	76)	/	1177
	=	1.20

Wastbygg Gruppen 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
	=	(1354	+	132)	/	1136
	=	1.31

Wastbygg Gruppen AB (OSTO:WBGR 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.

Wastbygg Gruppen AB Debt-to-Equity Related Terms

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

Wastbygg Gruppen AB (OSTO:WBGR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wastbygg Gruppen AB (OSTO:WBGR B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sofierogatan 3B, Goteborg, SWE, 412 51

Website

https://www.wastbygg.se

Wastbygg Gruppen AB is a construction and project development company in Sweden. The company builds and develops homes, commercial buildings, community service properties, logistics and industrial facilities. Its segments include Residential, Commercial and Logistics and Industry. It builds apartment buildings for external clients, both municipal and private. It also develops and builds its own housing projects.

Wastbygg Gruppen AB (OSTO:WBGR B) Headlines

No Headlines