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Arjo AB (Arjo AB) Debt-to-Equity : 0.15 (As of Mar. 2024)


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What is Arjo AB Debt-to-Equity?

Arjo AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $37 Mil. Arjo AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $78 Mil. Arjo AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $778 Mil. Arjo AB's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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

ARRJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.21   Max: 1.1
Current: 0.15

During the past 11 years, the highest Debt-to-Equity Ratio of Arjo AB was 1.10. The lowest was 0.03. And the median was 0.21.

ARRJF's Debt-to-Equity is ranked better than
65.06% of 83 companies
in the Medical Distribution industry
Industry Median: 0.29 vs ARRJF: 0.15

Arjo AB Debt-to-Equity Historical Data

The historical data trend for Arjo 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.

Arjo AB Debt-to-Equity Chart

Arjo 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 0.20 1.10 0.81 0.85 0.72

Arjo 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 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 0.15 0.15 0.15 0.72 0.15

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

For the Medical Distribution subindustry, Arjo 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.


Arjo AB's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Debt-to-Equity distribution charts can be found below:

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



Arjo AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Arjo AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Arjo AB  (OTCPK:ARRJF) 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.


Arjo AB Debt-to-Equity Related Terms

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


Arjo AB (Arjo AB) Business Description

Traded in Other Exchanges
Address
Hans Michelsensgatan 10, Malmo, SWE, SE-211 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

Arjo AB (Arjo AB) Headlines