GURUFOCUS.COM » STOCK LIST » Altero AB (XSAT:ATO B) » Definitions » Debt-to-Equity

Altero AB (XSAT:ATO B) Debt-to-Equity : 2.19 (As of Sep. 2012)


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

What is Altero AB Debt-to-Equity?

Altero AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was kr12.82 Mil. Altero AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was kr1.20 Mil. Altero AB's Total Stockholders Equity for the quarter that ended in Sep. 2012 was kr6.40 Mil. Altero AB's debt to equity for the quarter that ended in Sep. 2012 was 2.19.

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

XSAT:ATO B's Debt-to-Equity is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Debt-to-Equity only.

Altero AB Debt-to-Equity Historical Data

The historical data trend for Altero 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.

Altero AB Debt-to-Equity Chart

Altero AB Annual Data
Trend Dec08 Dec09 Dec10
Debt-to-Equity
0.22 0.26 0.22

Altero AB Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Mar12 Jun12 Sep12
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.62 0.69 0.93 1.52 2.19

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

For the subindustry, Altero 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.

Altero AB's Debt-to-Equity Distribution in the Industry

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

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


;
;

Altero AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altero AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2010 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
=(5.774 + 0) / 26.2
=0.22

Altero AB's Debt to Equity Ratio for the quarter that ended in Sep. 2012 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
=(12.819 + 1.2) / 6.402
=2.19

* 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.

Altero AB  (XSAT:ATO B) 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.

Altero AB Debt-to-Equity Related Terms

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

Altero AB Headlines

No Headlines