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Alm Brand A/S (Alm Brand A/S) Debt-to-Equity : 0.12 (As of Mar. 2024)


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What is Alm Brand A/S Debt-to-Equity?

Alm Brand A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Alm Brand A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $238 Mil. Alm Brand A/S's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,041 Mil. Alm Brand A/S's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 Alm Brand A/S's Debt-to-Equity or its related term are showing as below:

ABDBY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.22   Max: 0.54
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Alm Brand A/S was 0.54. The lowest was 0.09. And the median was 0.22.

ABDBY's Debt-to-Equity is ranked better than
65.54% of 386 companies
in the Insurance industry
Industry Median: 0.23 vs ABDBY: 0.12

Alm Brand A/S Debt-to-Equity Historical Data

The historical data trend for Alm Brand A/S'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.

Alm Brand A/S Debt-to-Equity Chart

Alm Brand A/S 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 0.35 0.31 0.14 0.18 0.17

Alm Brand A/S 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 0.11 0.12 0.12 0.17 0.12

Competitive Comparison of Alm Brand A/S's Debt-to-Equity

For the Insurance - Diversified subindustry, Alm Brand A/S'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.


Alm Brand A/S's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alm Brand A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alm Brand A/S's Debt-to-Equity falls into.



Alm Brand A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alm Brand A/S's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Alm Brand A/S'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.


Alm Brand A/S  (OTCPK:ABDBY) 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.


Alm Brand A/S Debt-to-Equity Related Terms

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


Alm Brand A/S (Alm Brand A/S) Business Description

Traded in Other Exchanges
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

Alm Brand A/S (Alm Brand A/S) Headlines

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