Online Brands Nordic AB (OSTO:OBAB) Debt-to-Equity : 0.15 (As of Mar. 2024)

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What is Online Brands Nordic AB Debt-to-Equity?

Online Brands Nordic AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4.9 Mil. Online Brands Nordic AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr21.5 Mil. Online Brands Nordic AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr175.2 Mil. Online Brands Nordic AB's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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

OSTO:OBAB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.31 Max: 3.8
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Online Brands Nordic AB was 3.80. The lowest was 0.03. And the median was 0.31.

OSTO:OBAB's Debt-to-Equity is ranked better than
81.49% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs OSTO:OBAB: 0.15

Online Brands Nordic AB Debt-to-Equity Historical Data

The historical data trend for Online Brands Nordic 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.

Online Brands Nordic AB Debt-to-Equity Chart

Online Brands Nordic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.61

0.03

0.31

0.22

Online Brands Nordic 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															0.33	0.25	0.26	0.22	0.15

Competitive Comparison of Online Brands Nordic AB's Debt-to-Equity

For the Internet Retail subindustry, Online Brands Nordic 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.

Online Brands Nordic AB's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Online Brands Nordic AB's Debt-to-Equity distribution charts can be found below:

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

Online Brands Nordic AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Online Brands Nordic 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
	=	(5.471	+	33.956)	/	176.778
	=	0.22

Online Brands Nordic 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
	=	(4.9	+	21.5)	/	175.2
	=	0.15

Online Brands Nordic AB (OSTO:OBAB) 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.

Online Brands Nordic AB Debt-to-Equity Related Terms

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

Online Brands Nordic AB (OSTO:OBAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Online Brands Nordic AB (OSTO:OBAB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flojelbergsgatan 7A, Molndal, SWE, 431 37

Website

https://www.onlinebrands.se

Online Brands Nordic AB is an e-commerce company. The group operates the online store Trendcarpet, which is engaged in retailing of carpets. The company operates in more than 10 different countries and is primarily aimed at the private market. The group also houses international e-commerce for hats under the Hatshop brand and the jewelery store John Victorin in Varberg AB.

Online Brands Nordic AB (OSTO:OBAB) Headlines

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