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Clemondo Group AB (OSTO:CLEM) Debt-to-Equity : 0.26 (As of Mar. 2024)


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What is Clemondo Group AB Debt-to-Equity?

Clemondo Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr17.8 Mil. Clemondo Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr11.4 Mil. Clemondo Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr112.5 Mil. Clemondo Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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

OSTO:CLEM' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.68   Med: 0.79   Max: 5.02
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Clemondo Group AB was 5.02. The lowest was -7.68. And the median was 0.79.

OSTO:CLEM's Debt-to-Equity is ranked better than
63.14% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs OSTO:CLEM: 0.26

Clemondo Group AB Debt-to-Equity Historical Data

The historical data trend for Clemondo Group 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.

Clemondo Group AB Debt-to-Equity Chart

Clemondo Group 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 3.88 1.16 0.86 0.52 0.27

Clemondo Group 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 0.51 0.48 0.36 0.27 0.26

Competitive Comparison of Clemondo Group AB's Debt-to-Equity

For the Household & Personal Products subindustry, Clemondo Group 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.


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

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

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



Clemondo Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Clemondo Group 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.


Clemondo Group AB  (OSTO:CLEM) 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.


Clemondo Group AB Debt-to-Equity Related Terms

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Clemondo Group AB (OSTO:CLEM) Business Description

Traded in Other Exchanges
N/A
Address
Makadamgatan 16, Box 13073, Helsingborg, SWE, 25013
Clemondo Group AB is a Sweden based company involved in developing, producing and marketing cleaning and maintenance products for professionals under its own brands and under customers' private label. Its offerings include Machine wash, Pressure Washer, Internal cleaning and engine wash among others.

Clemondo Group AB (OSTO:CLEM) Headlines

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