Alleima AB (Alleima AB) Debt-to-Equity : 0.08 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Alleima AB Debt-to-Equity?

Alleima AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12 Mil. Alleima AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $108 Mil. Alleima AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,536 Mil. Alleima AB's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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

SAMHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.43
Current: 0.08

During the past 5 years, the highest Debt-to-Equity Ratio of Alleima AB was 0.43. The lowest was 0.03. And the median was 0.07.

SAMHF's Debt-to-Equity is ranked better than
86.23% of 552 companies
in the Steel industry
Industry Median: 0.42 vs SAMHF: 0.08

Alleima AB Debt-to-Equity Historical Data

The historical data trend for Alleima 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.

Alleima AB Debt-to-Equity Chart

Alleima AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.43

0.04

0.16

0.03

Alleima AB Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.06	0.07	0.07	0.03	0.08

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

For the Steel subindustry, Alleima 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.

Alleima AB's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alleima AB's Debt-to-Equity distribution charts can be found below:

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

Alleima AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alleima 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
	=	(12.674	+	36.948)	/	1533.692
	=	0.03

Alleima 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
	=	(12.102	+	107.96)	/	1536.408
	=	0.08

Alleima AB (OTCPK:SAMHF) 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.

Alleima AB Debt-to-Equity Related Terms

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

Alleima AB (Alleima AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Alleima AB (OTCPK:SAMHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALLEI:Sweden M46:Germany

Address

Storgatan 2, Sandviken, SWE, SE-811 81

Website

https://www.alleima.com

Alleima AB is a developer, manufacturer, and supplier of high-value-added products in advanced stainless steels and special alloys as well as products for industrial heating. The company's products are sold in approximately 90 countries across the globe. The company's offering includes products like seamless steel tubes for the energy, chemical, and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.

Alleima AB (Alleima AB) Headlines

From GuruFocus

Alleima receives breakthrough order of steam generator tubes for Small Modular Reactors (SMRs)

By PRNewswire PRNewswire • 06-21-2023

Alleima receives breakthrough order of steam generator tubes for Small Modular Reactors (SMRs)

By PRNewswire • 06-21-2023

Alleima trading on Nasdaq Stockholm commences today

By PRNewswire PRNewswire • 08-31-2022