Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Debt-to-Equity : 1.09 (As of Mar. 2024)

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What is Svenska Nyttobostader AB Debt-to-Equity?

Svenska Nyttobostader AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,095.00 Mil. Svenska Nyttobostader AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,462.00 Mil. Svenska Nyttobostader AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr3,259.00 Mil. Svenska Nyttobostader AB's debt to equity for the quarter that ended in Mar. 2024 was 1.09.

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

OSTO:NYTTO.PREF.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.89 Med: 1.79 Max: 2.58
Current: 1.09

During the past 4 years, the highest Debt-to-Equity Ratio of Svenska Nyttobostader AB was 2.58. The lowest was 0.89. And the median was 1.79.

OSTO:NYTTO.PREF.PFD's Debt-to-Equity is ranked worse than
62.79% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs OSTO:NYTTO.PREF.PFD: 1.09

Svenska Nyttobostader AB Debt-to-Equity Historical Data

The historical data trend for Svenska Nyttobostader 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.

Svenska Nyttobostader AB Debt-to-Equity Chart

Svenska Nyttobostader AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.74

2.28

1.61

2.05

Svenska Nyttobostader AB Quarterly Data
	Jun19	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														2.38	0.93	0.89	1.07	1.09

Competitive Comparison of Svenska Nyttobostader AB's Debt-to-Equity

For the Real Estate Services subindustry, Svenska Nyttobostader 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.

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

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

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

Svenska Nyttobostader AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Svenska Nyttobostader AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(210	+	2945)	/	1543
	=	2.04

Svenska Nyttobostader AB's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2095	+	1462)	/	3259
	=	1.09

Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) 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.

Svenska Nyttobostader AB Debt-to-Equity Related Terms

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Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) » Definitions » Debt-to-Equity

Traded in Other Exchanges

NYTTO:Sweden 62W:Germany

Address

Regeringsgatan 59, Stockholm, SWE, 111 59

Website

https://www.nyttobostader.se

Svenska Nyttobostader AB owns and manages newly constructed residential properties in Stockholm. The company offer its properties to private individuals, companies and authorities on rent.

Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Headlines

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