Purefun Group AB (OSTO:PURE) Debt-to-Equity : 0.11 (As of Oct. 2024)

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What is Purefun Group AB Debt-to-Equity?

Purefun Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was kr0.0 Mil. Purefun Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was kr10.1 Mil. Purefun Group AB's Total Stockholders Equity for the quarter that ended in Oct. 2024 was kr93.5 Mil. Purefun Group AB's debt to equity for the quarter that ended in Oct. 2024 was 0.11.

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

OSTO:PURE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.2 Max: 0.73
Current: 0.11

During the past 4 years, the highest Debt-to-Equity Ratio of Purefun Group AB was 0.73. The lowest was 0.11. And the median was 0.20.

OSTO:PURE's Debt-to-Equity is ranked better than
85.84% of 1010 companies
in the Retail - Cyclical industry
Industry Median: 0.59 vs OSTO:PURE: 0.11

Purefun Group AB Debt-to-Equity Historical Data

The historical data trend for Purefun 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.

Purefun Group AB Debt-to-Equity Chart

Purefun Group AB Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

0.17

0.32

0.48

0.23

Purefun Group AB Quarterly Data
	Apr20	Oct20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Debt-to-Equity	Get a 7-Day Free Trial												0.27	0.13	0.18	0.12	0.11

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

For the Internet Retail subindustry, Purefun 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.

Purefun Group AB's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Purefun Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Purefun Group AB's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(2.042	+	11.187)	/	58.595
	=	0.23

Purefun Group AB's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(0	+	10.1)	/	93.5
	=	0.11

Purefun Group AB (OSTO:PURE) 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.

Purefun Group AB Debt-to-Equity Related Terms

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Purefun Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Purefun Group AB (OSTO:PURE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Henckels torg 3, Helsingborg, SWE, 252 36

Website

https://www.purefungroup.com

Purefun Group AB is a group focusing on e-commerce with non-durable goods in the Nordic region. The company is active in the Nordic e-commerce market, primarily in the adult toys segment, and the company operates the well-established e-commerce platform Vuxen.