Christian Berner Tech Trade AB (OSTO:CBTT B) Debt-to-Equity : 0.95 (As of Mar. 2024)

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What is Christian Berner Tech Trade AB Debt-to-Equity?

Christian Berner Tech Trade AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr158.7 Mil. Christian Berner Tech Trade AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr68.4 Mil. Christian Berner Tech Trade AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr239.9 Mil. Christian Berner Tech Trade AB's debt to equity for the quarter that ended in Mar. 2024 was 0.95.

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 Christian Berner Tech Trade AB's Debt-to-Equity or its related term are showing as below:

OSTO:CBTT B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.98 Max: 1.54
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Christian Berner Tech Trade AB was 1.54. The lowest was 0.09. And the median was 0.98.

OSTO:CBTT B's Debt-to-Equity is ranked worse than
85.59% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs OSTO:CBTT B: 0.95

Christian Berner Tech Trade AB Debt-to-Equity Historical Data

The historical data trend for Christian Berner Tech Trade 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.

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Christian Berner Tech Trade AB Debt-to-Equity Chart

Christian Berner Tech Trade AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.88

1.10

1.38

1.22

1.04

Christian Berner Tech Trade 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															1.19	1.31	1.21	1.04	0.95

Competitive Comparison of Christian Berner Tech Trade AB's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Christian Berner Tech Trade 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.

Christian Berner Tech Trade AB's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Christian Berner Tech Trade AB's Debt-to-Equity falls into.

Christian Berner Tech Trade AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Christian Berner Tech Trade 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
	=	(172.592	+	68.592)	/	231.64
	=	1.04

Christian Berner Tech Trade 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
	=	(158.715	+	68.362)	/	239.859
	=	0.95

Christian Berner Tech Trade AB (OSTO:CBTT 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.

Christian Berner Tech Trade AB Debt-to-Equity Related Terms

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Christian Berner Tech Trade AB (OSTO:CBTT B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Christian Berner Tech Trade AB (OSTO:CBTT B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Designvagen 1, Box 88, Molnlycke, SWE, SE-435 22

Website

https://www.christianberner.com

Christian Berner Tech Trade AB is a technology trading company. It simplifies the decision-making process for customers by offering analysis of the customer's technical requirements, development, installation & service in the fields of processing, construction and engineering industries. The company's products include vibration and noise-damping materials, filter and process technology, UV aggregates and industrial equipment.

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