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Castellum AB (OSTO:CAST) Debt-to-Equity : 0.79 (As of Sep. 2024)


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What is Castellum AB Debt-to-Equity?

Castellum AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr392 Mil. Castellum AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr60,119 Mil. Castellum AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr77,108 Mil. Castellum AB's debt to equity for the quarter that ended in Sep. 2024 was 0.78.

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

OSTO:CAST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79   Med: 1.02   Max: 1.57
Current: 0.79

During the past 13 years, the highest Debt-to-Equity Ratio of Castellum AB was 1.57. The lowest was 0.79. And the median was 1.02.

OSTO:CAST's Debt-to-Equity is ranked worse than
52.37% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs OSTO:CAST: 0.79

Castellum AB Debt-to-Equity Historical Data

The historical data trend for Castellum 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.

Castellum AB Debt-to-Equity Chart

Castellum 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 0.95 0.97 0.88 0.99 0.82

Castellum 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 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 0.81 0.82 0.82 0.79 0.79

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

For the Real Estate - Development subindustry, Castellum 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.


Castellum AB's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Castellum AB's Debt-to-Equity distribution charts can be found below:

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



Castellum AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Castellum AB's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Castellum AB  (OSTO:CAST) 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.


Castellum AB Debt-to-Equity Related Terms

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


Castellum AB Business Description

Traded in Other Exchanges
Address
Ostra Hamngatan 16, Gothenburg, SWE, 403 14
Castellum is a general real estate company. The company operates through its real estate rental segment which develops and rents properties in Sweden and Denmark. Castellum focuses on office, retail, industrial, and residential properties while also providing management services. The company invests in new construction, extensions, reconstructions, and acquisitions. Castellum's operational planning is focused on cash flow growth and low financial risk, while its portfolio development is geared toward increasing density and quality.

Castellum AB Headlines