CAG Group AB (OSTO:CAG) Debt-to-Equity : 0.31 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is CAG Group AB Debt-to-Equity?

CAG Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr45.2 Mil. CAG Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr51.4 Mil. CAG Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr314.0 Mil. CAG Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

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

OSTO:CAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.32 Max: 0.62
Current: 0.31

During the past 8 years, the highest Debt-to-Equity Ratio of CAG Group AB was 0.62. The lowest was 0.19. And the median was 0.32.

OSTO:CAG's Debt-to-Equity is ranked worse than
59.11% of 2213 companies
in the Software industry
Industry Median: 0.21 vs OSTO:CAG: 0.31

CAG Group AB Debt-to-Equity Historical Data

The historical data trend for CAG Group 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.

CAG Group AB Debt-to-Equity Chart

CAG Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.24

0.21

0.25

0.41

0.32

CAG Group 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															0.37	0.36	0.31	0.32	0.31

Competitive Comparison of CAG Group AB's Debt-to-Equity

For the Information Technology Services subindustry, CAG Group 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.

CAG Group AB's Debt-to-Equity Distribution in the Software Industry

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

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

CAG Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CAG Group 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
	=	(45.712	+	51.264)	/	298.921
	=	0.32

CAG Group 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
	=	(45.23	+	51.388)	/	314.041
	=	0.31

CAG Group AB (OSTO:CAG) 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.

CAG Group AB Debt-to-Equity Related Terms

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

CAG Group AB (OSTO:CAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CAG Group AB (OSTO:CAG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 37, Box 22564, Stockholm, SWE, 104 22

Website

https://www.cag.se

CAG Group AB is an information technology consulting company. The company's services include information technology managment, system development, operations and training.