Terranor Group AB (publ) (OSTO:TERNOR) Debt-to-Equity: 2.49 (As of Mar. 2026) — 35% Above Median

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OSTO:TERNOR Terranor Group AB (publ) OSTO:TERNOR
12 GF Score
Price kr36.50
! 3 Warning Signs
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What is Terranor Group AB (publ) Debt-to-Equity?

Terranor Group AB (publ) OSTO:TERNOR +0.27% 12 Debt-to-Equity is 2.49 as of Mar. 2026, which is 35% above its 10-year median of 1.85. GuruFocus rates OSTO:TERNOR with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 1,614 Construction companies, Terranor Group AB (publ) ranks worse than 93.87% on this metric.

Terranor Group AB (publ)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr200 Mil. Terranor Group AB (publ)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr288 Mil. Terranor Group AB (publ)'s Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr196 Mil. Terranor Group AB (publ)'s debt to equity for the quarter that ended in Mar. 2026 was 2.49.

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 Terranor Group AB (publ)'s Debt-to-Equity or its related term are showing as below:

OSTO:TERNOR' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.36   Med: 1.85   Max: 2.51
Current: 2.49

During the past 4 years, the highest Debt-to-Equity Ratio of Terranor Group AB (publ) was 2.51. The lowest was 1.36. And the median was 1.85.

OSTO:TERNOR's Debt-to-Equity is ranked worse than
93.87% of 1614 companies
in the Construction industry
Industry Median: 0.41 vs OSTO:TERNOR: 2.49

Terranor Group AB (publ)  (OSTO:TERNOR) 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.


Terranor Group AB (publ) Debt-to-Equity Related Terms


Terranor Group AB (publ) Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Terranor Group AB (publ)'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.

Terranor Group AB (publ) Debt-to-Equity Chart

Terranor Group AB (publ) Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
1.36 1.59 1.75 2.39

Terranor Group AB (publ) Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.60 1.96 2.51 2.39 2.49

OSTO:TERNOR vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Terranor Group AB (publ)'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.


Terranor Group AB (publ) Debt-to-Equity vs Construction Industry

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

* The bar in red indicates where Terranor Group AB (publ)'s Debt-to-Equity falls into.


OSTO:TERNOR
12GF Score
Terranor Group AB (publ) OSTO:TERNOR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Terranor Group AB (publ) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Terranor Group AB (publ)'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Terranor Group AB (publ)'s Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.49 mean?
Terranor Group AB (publ) (OSTO:TERNOR) has a Debt-to-Equity of 2.49 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Terranor Group AB (publ) and its competitors. This is 35% above median its historical median of 1.85. Over the past decade, Terranor Group AB (publ)'s Debt-to-Equity has ranged from 1.36 to 2.51. According to the industry distribution chart, Terranor Group AB (publ) ranks #1515 out of 1614 companies in the Construction industry, placing it in the top 93.9%.
Is Terranor Group AB (publ)'s Debt-to-Equity too high?
Terranor Group AB (publ)'s current Debt-to-Equity of 2.49 is 35% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.51. The Construction industry median Debt-to-Equity is 0.41. Terranor Group AB (publ)'s value of 2.49 is 507.3% above this industry median. Based on the distribution chart, Terranor Group AB (publ) ranks #1515 out of 1614 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Terranor Group AB (publ) has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Terranor Group AB (publ)'s Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Terranor Group AB (publ) ranks #1515 out of 1614 companies for Debt-to-Equity. This places Terranor Group AB (publ) in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Terranor Group AB (publ)'s value of 2.49 is 507.3% above this benchmark. Historically, Terranor Group AB (publ)'s own Debt-to-Equity has ranged from 1.36 to 2.51 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 0.41, Terranor Group AB (publ) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,614 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terranor Group AB (publ)'s current Debt-to-Equity of 2.49 is 507.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Terranor Group AB (publ) and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terranor Group AB (publ)'s current Debt-to-Equity is 2.49, which is 35% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terranor Group AB (publ) stock overvalued right now?
Terranor Group AB (publ) (OSTO:TERNOR) has a current Debt-to-Equity of 2.49. The current Debt-to-Equity is 2.49, which is 35% above median its 10-year median of 1.85 and 507.3% above the Construction industry median of 0.41. Terranor Group AB (publ)'s overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Terranor Group AB (publ) (OSTO:TERNOR), the current Debt-to-Equity is 2.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Terranor Group AB (publ) Business Description

Other Exchanges 5SQ:Germany
Address Bjornstigen 85, 4th floor, Solna, SWE, 170 73
Terranor Group AB (publ) is engaged in infrastructure and road maintenance. It operates businesses focused on summer and winter road services to green construction and maintenance, construction and road safety. The Company operates in three countries: Sweden, Denmark and Finland. Its operations can be devided in to four areas; Road operations and maintenance, Light construction, Green construction and maintenance, and Temporary road safety services.
12GF Score

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