EPOKY (Epiroc AB) Debt-to-Equity : 0.57 (As of Sep. 2024)

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What is Epiroc AB Debt-to-Equity?

Epiroc AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $437 Mil. Epiroc AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,765 Mil. Epiroc AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $3,835 Mil. Epiroc AB's debt to equity for the quarter that ended in Sep. 2024 was 0.57.

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

EPOKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.4 Max: 0.6
Current: 0.57

During the past 9 years, the highest Debt-to-Equity Ratio of Epiroc AB was 0.60. The lowest was 0.29. And the median was 0.40.

EPOKY's Debt-to-Equity is ranked worse than
61.7% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.37 vs EPOKY: 0.57

Epiroc AB Debt-to-Equity Historical Data

The historical data trend for Epiroc 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.

Epiroc AB Debt-to-Equity Chart

Epiroc AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

0.42

0.36

0.33

0.37

Epiroc AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.37	0.50	0.60	0.57

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

For the Farm & Heavy Construction Machinery subindustry, Epiroc 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.

Epiroc AB's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Debt-to-Equity distribution charts can be found below:

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

Epiroc AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Epiroc 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
	=	(170.02	+	1152.316)	/	3589.729
	=	0.37

Epiroc AB's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(436.993	+	1764.689)	/	3834.686
	=	0.57

Epiroc AB (OTCPK:EPOKY) 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.

Epiroc AB Debt-to-Equity Related Terms

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Epiroc AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Epiroc AB (OTCPK:EPOKY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EPIPF:USA EPIAF:USA EPI A:Sweden EPI B:Sweden EPIBs:UK EPIAs:UK 0YSV:UK 0YSU:UK 3AD2:Germany

Address

Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-131 54

Website

https://www.epirocgroup.com

Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on the Nasdaq Stockholm in June 2018.