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Trelleborg AB (Trelleborg AB) Debt-to-Equity : 0.16 (As of Mar. 2024)


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What is Trelleborg AB Debt-to-Equity?

Trelleborg AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $120 Mil. Trelleborg AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $531 Mil. Trelleborg AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,137 Mil. Trelleborg AB's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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

TBABF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.49   Max: 0.91
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Trelleborg AB was 0.91. The lowest was 0.16. And the median was 0.49.

TBABF's Debt-to-Equity is ranked better than
65.43% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs TBABF: 0.16

Trelleborg AB Debt-to-Equity Historical Data

The historical data trend for Trelleborg 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.

Trelleborg AB Debt-to-Equity Chart

Trelleborg AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.53 0.34 0.66 0.20

Trelleborg 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.22 0.20 0.20 0.16

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

For the Specialty Industrial Machinery subindustry, Trelleborg 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.


Trelleborg AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trelleborg AB's Debt-to-Equity distribution charts can be found below:

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



Trelleborg AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trelleborg AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Trelleborg AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Trelleborg AB  (OTCPK:TBABF) 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.


Trelleborg AB Debt-to-Equity Related Terms

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


Trelleborg AB (Trelleborg AB) Business Description

Traded in Other Exchanges
Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.