Qliro AB (OSTO:QLIRO) Debt-to-Equity : 0.21 (As of Mar. 2024)

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What is Qliro AB Debt-to-Equity?

Qliro AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.0 Mil. Qliro AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr100.0 Mil. Qliro AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr484.3 Mil. Qliro AB's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

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

OSTO:QLIRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.77 Max: 7.36
Current: 0.21

During the past 7 years, the highest Debt-to-Equity Ratio of Qliro AB was 7.36. The lowest was 0.20. And the median was 0.77.

OSTO:QLIRO's Debt-to-Equity is ranked better than
79.35% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs OSTO:QLIRO: 0.21

Qliro AB Debt-to-Equity Historical Data

The historical data trend for Qliro 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.

Qliro AB Debt-to-Equity Chart

Qliro AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.82

0.61

5.12

7.36

6.42

Qliro AB Quarterly Data
	Dec17	Dec18	Jun19	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															6.03	6.08	5.86	6.42	0.21

Competitive Comparison of Qliro AB's Debt-to-Equity

For the Credit Services subindustry, Qliro 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.

Qliro AB's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qliro AB's Debt-to-Equity distribution charts can be found below:

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

Qliro AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qliro 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
	=	(2950.9	+	131)	/	480.2
	=	6.42

Qliro 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
	=	(0	+	100)	/	484.3
	=	0.21

Qliro AB (OSTO:QLIRO) 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.

Qliro AB Debt-to-Equity Related Terms

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Qliro AB (OSTO:QLIRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qliro AB (OSTO:QLIRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sveavagen 151, Stockholm, SWE, 113 46

Website

https://www.qliro.com

Qliro AB is a fintech company that offers online payment solutions. The company offers payment solutions to merchants and their customers in the Nordic region as well as digital banking services to consumers in Sweden. The payment solutions are offered through an infrastructure that enables merchants to offer their customers flexible payment options, including invoices and installments, in a complete checkout solution.

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