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Bulten AB (OSTO:BULTEN) Debt-to-Equity : 0.89 (As of Mar. 2024)


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What is Bulten AB Debt-to-Equity?

Bulten AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr126 Mil. Bulten AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,620 Mil. Bulten AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,963 Mil. Bulten AB's debt to equity for the quarter that ended in Mar. 2024 was 0.89.

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

OSTO:BULTEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.49   Max: 0.97
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Bulten AB was 0.97. The lowest was 0.05. And the median was 0.49.

OSTO:BULTEN's Debt-to-Equity is ranked worse than
70.27% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs OSTO:BULTEN: 0.89

Bulten AB Debt-to-Equity Historical Data

The historical data trend for Bulten 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.

Bulten AB Debt-to-Equity Chart

Bulten 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 0.42 0.45 0.53 0.76 0.92

Bulten 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 0.62 0.58 0.97 0.92 0.89

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

For the Auto Parts subindustry, Bulten 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.


Bulten AB's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bulten AB's Debt-to-Equity distribution charts can be found below:

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



Bulten AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Bulten 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.


Bulten AB  (OSTO:BULTEN) 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.


Bulten AB Debt-to-Equity Related Terms

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


Bulten AB (OSTO:BULTEN) Business Description

Traded in Other Exchanges
Address
August Barks gata 6A, Box 9148, Gothenburg, SWE, SE-40093
Bulten AB develops, produces, and markets fasteners in the European automotive industry. Its product range includes customer-specific products to customized fasteners. It also provides technical development, line-feeding, logistics, material, and production services. Its products are screws, nuts, clips, and rivets. Bulten has its manufacturing unit in Germany, Sweden, Poland, the United Kingdom, China, the USA, and other countries and receives its revenue from northern Europe.

Bulten AB (OSTO:BULTEN) Headlines

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