GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hoganas AB (LTS:0GMD) » Definitions » Debt-to-Equity

Hoganas AB (LTS:0GMD) Debt-to-Equity : 0.18 (As of Jun. 2013)


View and export this data going back to . Start your Free Trial

What is Hoganas AB Debt-to-Equity?

Hoganas AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was kr110 Mil. Hoganas AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was kr535 Mil. Hoganas AB's Total Stockholders Equity for the quarter that ended in Jun. 2013 was kr3,663 Mil. Hoganas AB's debt to equity for the quarter that ended in Jun. 2013 was 0.18.

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

LTS:0GMD's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Hoganas AB Debt-to-Equity Historical Data

The historical data trend for Hoganas 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.

Hoganas AB Debt-to-Equity Chart

Hoganas AB Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.48 0.27 0.27 0.17

Hoganas AB Quarterly Data
Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 0.26 0.21 0.17 0.14 0.18

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

For the Steel subindustry, Hoganas 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.


Hoganas AB's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hoganas AB's Debt-to-Equity distribution charts can be found below:

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



Hoganas AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoganas AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Hoganas AB's Debt to Equity Ratio for the quarter that ended in Jun. 2013 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.


Hoganas AB  (LTS:0GMD) 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.


Hoganas AB Debt-to-Equity Related Terms

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


Hoganas AB (LTS:0GMD) Business Description

Traded in Other Exchanges
N/A
Address
Höganäs AB develops, manufactures and markets metal powders and metal powder technology. Metal powders are used in iron fortification, printing, surface coating, welding, friction materials, chemical and metallurgical processes & soft magnetic composites.

Hoganas AB (LTS:0GMD) Headlines

No Headlines