Hoist Finance AB (FRA:4HF) Debt-to-Equity : 1.17 (As of Sep. 2024)

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What is Hoist Finance AB Debt-to-Equity?

Hoist Finance AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.0 Mil. Hoist Finance AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €681.7 Mil. Hoist Finance AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €584.4 Mil. Hoist Finance AB's debt to equity for the quarter that ended in Sep. 2024 was 1.17.

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

FRA:4HF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 1.23 Max: 2.4
Current: 1.17

During the past 12 years, the highest Debt-to-Equity Ratio of Hoist Finance AB was 2.40. The lowest was 0.30. And the median was 1.23.

FRA:4HF's Debt-to-Equity is ranked worse than
51.02% of 441 companies
in the Credit Services industry
Industry Median: 1.1 vs FRA:4HF: 1.17

Hoist Finance AB Debt-to-Equity Historical Data

The historical data trend for Hoist Finance 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.

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Hoist Finance AB Debt-to-Equity Chart

Hoist Finance AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.42

1.43

1.22

1.14

0.92

Hoist Finance 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															0.91	0.92	1.00	0.99	1.17

Competitive Comparison of Hoist Finance AB's Debt-to-Equity

For the Credit Services subindustry, Hoist Finance 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.

Hoist Finance AB's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hoist Finance AB's Debt-to-Equity distribution charts can be found below:

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

Hoist Finance AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoist Finance 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
	=	(0	+	496.512)	/	540.584
	=	0.92

Hoist Finance 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
	=	(0	+	681.674)	/	584.43
	=	1.17

Hoist Finance AB (FRA:4HF) 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.

Hoist Finance AB Debt-to-Equity Related Terms

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Hoist Finance AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Hoist Finance AB (FRA:4HF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

HOFI:Sweden HOFIs:UK 0R65:UK

Address

P.O. Box 7848, Stockholm, SWE, 103 99

Website

https://www.hoistfinance.com

Hoist Finance AB is is principally engaged in purchasing portfolios of nonperforming loans. The company runs a business as a debt-restructuring partner to international banks and financial institutions. It provides several solutions for the acquisition and management of nonperforming unsecured consumer loans. The company is present in several countries in Europe, including Belgium, France, Greece, Spain, the Netherlands, the United Kingdom, Germany, Austria, Italy, and Poland. Additionally, the company provides retail deposit services through its online platform HoistSpar.

Hoist Finance AB Headlines

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