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Lindab International AB (CHIX:LIABS) Debt-to-Equity : 0.67 (As of Mar. 2024)


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What is Lindab International AB Debt-to-Equity?

Lindab International AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr606 Mil. Lindab International AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4,477 Mil. Lindab International AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr7,566 Mil. Lindab International AB's debt to equity for the quarter that ended in Mar. 2024 was 0.67.

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

CHIX:LIABs' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.44   Max: 0.69
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Lindab International AB was 0.69. The lowest was 0.26. And the median was 0.44.

CHIX:LIABs's Debt-to-Equity is ranked worse than
64.24% of 1524 companies
in the Construction industry
Industry Median: 0.44 vs CHIX:LIABs: 0.67

Lindab International AB Debt-to-Equity Historical Data

The historical data trend for Lindab International 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.

Lindab International AB Debt-to-Equity Chart

Lindab International 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 0.41 0.38 0.35 0.53 0.50

Lindab International 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 0.55 0.58 0.53 0.50 0.67

Competitive Comparison of Lindab International AB's Debt-to-Equity

For the Building Products & Equipment subindustry, Lindab International 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.


Lindab International AB's Debt-to-Equity Distribution in the Construction Industry

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

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



Lindab International AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Lindab International 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.


Lindab International AB  (CHIX:LIABs) 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.


Lindab International AB Debt-to-Equity Related Terms

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Lindab International AB (CHIX:LIABS) Business Description

Traded in Other Exchanges
Address
Stalhogavagen 115, Bastad, SWE, SE-269 82
Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.

Lindab International AB (CHIX:LIABS) Headlines

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