Cedergrenska AB (OSTO:CEDER) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is Cedergrenska AB Debt-to-Equity?

Cedergrenska AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr18.9 Mil. Cedergrenska AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr18.3 Mil. Cedergrenska AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr127.0 Mil. Cedergrenska AB's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

OSTO:CEDER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.51 Max: 1.85
Current: 0.29

During the past 5 years, the highest Debt-to-Equity Ratio of Cedergrenska AB was 1.85. The lowest was 0.29. And the median was 0.51.

OSTO:CEDER's Debt-to-Equity is ranked better than
52.91% of 223 companies
in the Education industry
Industry Median: 0.34 vs OSTO:CEDER: 0.29

Cedergrenska AB Debt-to-Equity Historical Data

The historical data trend for Cedergrenska 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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Cedergrenska AB Debt-to-Equity Chart

Cedergrenska AB Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

1.85

1.48

0.63

0.56

0.37

Cedergrenska AB Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.44	0.40	0.37	0.40	0.29

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

For the Education & Training Services subindustry, Cedergrenska 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.

Cedergrenska AB's Debt-to-Equity Distribution in the Education Industry

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

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

Cedergrenska AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cedergrenska AB's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(25.147	+	24.544)	/	132.989
	=	0.37

Cedergrenska AB's Debt to Equity Ratio for the quarter 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
	=	(18.863	+	18.273)	/	126.998
	=	0.29

Cedergrenska AB (OSTO:CEDER) 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.

Cedergrenska AB Debt-to-Equity Related Terms

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Cedergrenska AB (OSTO:CEDER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cedergrenska AB (OSTO:CEDER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsvagen 2, Cedergrenska tower, Stocksund, SWE, 182 79

Website

https://www.cedergrenska.se

Cedergrenska AB is an education group that conducts education of the highest quality for children and students from preschool to post-secondary education.

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