Fortinova Fastigheter AB (OSTO:FNOVA B) Debt-to-Equity : 1.18 (As of Mar. 2025)

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What is Fortinova Fastigheter AB Debt-to-Equity?

Fortinova Fastigheter AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr625.3 Mil. Fortinova Fastigheter AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr2,063.5 Mil. Fortinova Fastigheter AB's Total Stockholders Equity for the quarter that ended in Mar. 2025 was kr2,272.3 Mil. Fortinova Fastigheter AB's debt to equity for the quarter that ended in Mar. 2025 was 1.18.

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

OSTO:FNOVA B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 1.13 Max: 1.71
Current: 1.18

During the past 5 years, the highest Debt-to-Equity Ratio of Fortinova Fastigheter AB was 1.71. The lowest was 0.48. And the median was 1.13.

OSTO:FNOVA B's Debt-to-Equity is ranked worse than
66.58% of 1538 companies
in the Real Estate industry
Industry Median: 0.71 vs OSTO:FNOVA B: 1.18

Fortinova Fastigheter AB Debt-to-Equity Historical Data

The historical data trend for Fortinova Fastigheter 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.

Fortinova Fastigheter AB Debt-to-Equity Chart

Fortinova Fastigheter AB Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Dec23

Debt-to-Equity

1.71

1.33

0.92

0.66

1.30

Fortinova Fastigheter AB Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															1.28	1.25	1.24	1.20	1.18

Competitive Comparison of Fortinova Fastigheter AB's Debt-to-Equity

For the Real Estate Services subindustry, Fortinova Fastigheter 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.

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

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

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

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Fortinova Fastigheter AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fortinova Fastigheter 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
	=	(611.4	+	2175.7)	/	2142
	=	1.30

Fortinova Fastigheter AB's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(625.3	+	2063.5)	/	2272.3
	=	1.18

Fortinova Fastigheter AB (OSTO:FNOVA B) 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.

Fortinova Fastigheter AB Debt-to-Equity Related Terms

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Fortinova Fastigheter AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortinova Fastigheter AB (OSTO:FNOVA B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Norrgatan 10, Varberg, SWE, 432 41

Website

https://www.fortinova.se

Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.

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