Hifab Group AB (OSTO:HIFA B) Debt-to-Equity : 0.45 (As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Hifab Group AB Debt-to-Equity?

Hifab Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr22.2 Mil. Hifab Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr11.1 Mil. Hifab Group AB's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr73.7 Mil. Hifab Group AB's debt to equity for the quarter that ended in Jun. 2024 was 0.45.

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

OSTO:HIFA B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.31 Max: 1.19
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Hifab Group AB was 1.19. The lowest was 0.01. And the median was 0.31.

OSTO:HIFA B's Debt-to-Equity is ranked worse than
50.39% of 1548 companies
in the Construction industry
Industry Median: 0.44 vs OSTO:HIFA B: 0.45

Hifab Group AB Debt-to-Equity Historical Data

The historical data trend for Hifab 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.

Hifab Group AB Debt-to-Equity Chart

Hifab Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.48

0.32

0.79

0.62

0.61

Hifab Group AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.89	0.61	0.54	0.45

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

For the Engineering & Construction subindustry, Hifab 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.

Hifab Group AB's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hifab Group AB's Debt-to-Equity distribution charts can be found below:

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

Hifab Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hifab Group 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
	=	(25.063	+	11.375)	/	60.162
	=	0.61

Hifab Group AB's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(22.2	+	11.1)	/	73.742
	=	0.45

Hifab Group AB (OSTO:HIFA 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.

Hifab Group AB Debt-to-Equity Related Terms

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

Hifab Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hifab Group AB (OSTO:HIFA B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sveavagen 167, P O Box 19090, Stockholm, SWE, SE-104 32

Website

http://www.hifab.se

Hifab Group AB is a Sweden-based project management company. It is primarily engaged in providing project management and advisory services to achieve sustainable development and optimization of the resources. The service offered by the company includes planning management, construction and installation management, environmental control, inspection services, and other services. The company operates in Sweden, Asia, Africa, and the Rest of Europe, out of which the majority of the revenue is generated from Sweden.

Hifab Group AB Headlines

No Headlines