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Eastnine AB (FRA:O060) Debt-to-Equity : 0.70 (As of Mar. 2024)


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What is Eastnine AB Debt-to-Equity?

Eastnine AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Eastnine AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €284.90 Mil. Eastnine AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €404.84 Mil. Eastnine AB's debt to equity for the quarter that ended in Mar. 2024 was 0.70.

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

FRA:O060' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Med: 0.69   Max: 0.84
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Eastnine AB was 0.84. The lowest was 0.28. And the median was 0.69.

FRA:O060's Debt-to-Equity is ranked better than
52.81% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs FRA:O060: 0.70

Eastnine AB Debt-to-Equity Historical Data

The historical data trend for Eastnine 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.

Eastnine AB Debt-to-Equity Chart

Eastnine 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 0.52 0.56 0.65 0.69 0.72

Eastnine AB Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18 Dec19 Dec20 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 0.70 0.79 0.84 0.72 0.70

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

For the Real Estate Services subindustry, Eastnine 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.


Eastnine AB's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eastnine AB's Debt-to-Equity distribution charts can be found below:

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



Eastnine AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Eastnine 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.


Eastnine AB  (FRA:O060) 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.


Eastnine AB Debt-to-Equity Related Terms

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


Eastnine AB (FRA:O060) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Kungsgatan 30, Box 7214, Stockholm, SWE, 103 88
Eastnine AB is a Swedish real estate company focused on modern and sustainable office and logistics properties in the Baltics and Poland. Its tenants comprise, mainly, large Nordic group companies that operate internationally. The company operates through four segments namely Properties in Lithuania, Properties in Latvia, Properties in Poland and Other investments. The firm generates revenue from Rental income.

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