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AIK Fotboll AB (NGM:AIK B) Debt-to-Equity : 0.17 (As of Sep. 2023)


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What is AIK Fotboll AB Debt-to-Equity?

AIK Fotboll AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr12.4 Mil. AIK Fotboll AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr2.8 Mil. AIK Fotboll AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr91.6 Mil. AIK Fotboll AB's debt to equity for the quarter that ended in Sep. 2023 was 0.17.

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

NGM:AIK B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.15   Max: 1.32
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of AIK Fotboll AB was 1.32. The lowest was 0.03. And the median was 0.15.

NGM:AIK B's Debt-to-Equity is ranked better than
60.73% of 848 companies
in the Media - Diversified industry
Industry Median: 0.28 vs NGM:AIK B: 0.17

AIK Fotboll AB Debt-to-Equity Historical Data

The historical data trend for AIK Fotboll 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.

AIK Fotboll AB Debt-to-Equity Chart

AIK Fotboll AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.12 0.13 0.11 0.06

AIK Fotboll AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.11 0.06 0.05 0.16 0.17

Competitive Comparison of AIK Fotboll AB's Debt-to-Equity

For the Entertainment subindustry, AIK Fotboll 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.


AIK Fotboll AB's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AIK Fotboll AB's Debt-to-Equity distribution charts can be found below:

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



AIK Fotboll AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AIK Fotboll AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

AIK Fotboll AB's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


AIK Fotboll AB  (NGM:AIK B) 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.


AIK Fotboll AB Debt-to-Equity Related Terms

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AIK Fotboll AB (NGM:AIK B) Business Description

Traded in Other Exchanges
N/A
Address
Evenemangsgatan 31, Solna, SWE, 169 79
AIK Fotboll AB operates a football club. The company conducts AIK Football Association's elite football activities through a men's team, a women's team and a junior team for men.

AIK Fotboll AB (NGM:AIK B) Headlines

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