Securitas AB (Securitas AB) Debt-to-Equity : 1.27 (As of Dec. 2023)

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What is Securitas AB Debt-to-Equity?

Securitas AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,182 Mil. Securitas AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,356 Mil. Securitas AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,577 Mil. Securitas AB's debt to equity for the quarter that ended in Dec. 2023 was 1.27.

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

SCTBF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.96 Med: 1.11 Max: 1.3
Current: 1.27

During the past 13 years, the highest Debt-to-Equity Ratio of Securitas AB was 1.30. The lowest was 0.96. And the median was 1.11.

SCTBF's Debt-to-Equity is ranked worse than
78.92% of 930 companies
in the Business Services industry
Industry Median: 0.395 vs SCTBF: 1.27

Securitas AB Debt-to-Equity Historical Data

The historical data trend for Securitas 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.

Securitas AB Debt-to-Equity Chart

Securitas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.12

1.11

0.96

1.30

1.27

Securitas AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.30	1.28	1.34	1.28	1.27

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

For the Security & Protection Services subindustry, Securitas 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.

Securitas AB's Debt-to-Equity Distribution in the Business Services Industry

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

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

Securitas AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Securitas 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
	=	(1182.44	+	3355.561)	/	3577.348
	=	1.27

Securitas AB's Debt to Equity Ratio for the quarter 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
	=	(1182.44	+	3355.561)	/	3577.348
	=	1.27

Securitas AB (OTCPK:SCTBF) 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.

Securitas AB Debt-to-Equity Related Terms

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Securitas AB (Securitas AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Securitas AB (OTCPK:SCTBF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SCTBY:USA SECU B:Sweden SECUBs:UK 0IAH:UK S7MB:Germany

Address

Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28

Website

https://www.securitas.com

Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.