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Agtira AB (OSTO:AGTIRA B) Debt-to-Equity : 0.38 (As of Mar. 2024)


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What is Agtira AB Debt-to-Equity?

Agtira AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr7.24 Mil. Agtira AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr21.21 Mil. Agtira AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr75.12 Mil. Agtira AB's debt to equity for the quarter that ended in Mar. 2024 was 0.38.

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

OSTO:AGTIRA B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.37   Max: 0.57
Current: 0.38

During the past 8 years, the highest Debt-to-Equity Ratio of Agtira AB was 0.57. The lowest was 0.17. And the median was 0.37.

OSTO:AGTIRA B's Debt-to-Equity is ranked better than
52.36% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs OSTO:AGTIRA B: 0.38

Agtira AB Debt-to-Equity Historical Data

The historical data trend for Agtira 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.

Agtira AB Debt-to-Equity Chart

Agtira AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.40 0.46 0.34 - 0.33

Agtira AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 0.28 0.32 0.38 0.33 0.38

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

For the Farm Products subindustry, Agtira 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.


Agtira AB's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agtira AB's Debt-to-Equity distribution charts can be found below:

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



Agtira AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Agtira 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.


Agtira AB  (OSTO:AGTIRA 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.


Agtira AB Debt-to-Equity Related Terms

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


Agtira AB (OSTO:AGTIRA B) Business Description

Traded in Other Exchanges
N/A
Address
Verkstadsvagen 19, Harnosand, SWE, 871 54
Agtira AB is a research and development company in the food tech sector, which delivers systems for sustainable food production to actors in the food industry.

Agtira AB (OSTO:AGTIRA B) Headlines

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