Bjorn Borg AB (OSTO:BORG) Debt-to-Equity : 0.55 (As of Sep. 2024)

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What is Bjorn Borg AB Debt-to-Equity?

Bjorn Borg AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr163.3 Mil. Bjorn Borg AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr25.7 Mil. Bjorn Borg AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr346.9 Mil. Bjorn Borg AB's debt to equity for the quarter that ended in Sep. 2024 was 0.54.

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

OSTO:BORG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.54 Max: 1.13
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Bjorn Borg AB was 1.13. The lowest was 0.12. And the median was 0.54.

OSTO:BORG's Debt-to-Equity is ranked better than
55.65% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs OSTO:BORG: 0.55

Bjorn Borg AB Debt-to-Equity Historical Data

The historical data trend for Bjorn Borg 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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Bjorn Borg AB Debt-to-Equity Chart

Bjorn Borg AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.07

0.53

0.40

0.25

0.12

Bjorn Borg 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															0.43	0.12	0.35	0.34	0.55

Competitive Comparison of Bjorn Borg AB's Debt-to-Equity

For the Apparel Manufacturing subindustry, Bjorn Borg 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.

Bjorn Borg AB's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Debt-to-Equity distribution charts can be found below:

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

Bjorn Borg AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bjorn Borg 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
	=	(17.379	+	25.47)	/	357.12
	=	0.12

Bjorn Borg 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
	=	(163.301	+	25.702)	/	346.907
	=	0.54

Bjorn Borg AB (OSTO:BORG) 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.

Bjorn Borg AB Debt-to-Equity Related Terms

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Bjorn Borg AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bjorn Borg AB (OSTO:BORG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Frosundaviks alle 1, Solna, Stockholm, SWE, SE-169 70

Website

https://www.bjornborg.com

Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

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