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Atlas Copco AB (Atlas Copco AB) Debt-to-Equity : 0.33 (As of Mar. 2024)


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What is Atlas Copco AB Debt-to-Equity?

Atlas Copco AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $294 Mil. Atlas Copco AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3,020 Mil. Atlas Copco AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10,036 Mil. Atlas Copco AB's debt to equity for the quarter that ended in Mar. 2024 was 0.33.

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

ATLKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33   Med: 0.45   Max: 0.64
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Atlas Copco AB was 0.64. The lowest was 0.33. And the median was 0.45.

ATLKY's Debt-to-Equity is ranked worse than
53.61% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs ATLKY: 0.33

Atlas Copco AB Debt-to-Equity Historical Data

The historical data trend for Atlas Copco 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.

Atlas Copco AB Debt-to-Equity Chart

Atlas Copco 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 0.44 0.46 0.37 0.45 0.36

Atlas Copco 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 0.38 0.47 0.40 0.36 0.33

Competitive Comparison of Atlas Copco AB's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Atlas Copco 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.


Atlas Copco AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlas Copco AB's Debt-to-Equity distribution charts can be found below:

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



Atlas Copco AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Atlas Copco 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.


Atlas Copco AB  (OTCPK:ATLKY) 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.


Atlas Copco AB Debt-to-Equity Related Terms

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


Atlas Copco AB (Atlas Copco AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines