Gruvaktiebolaget Viscaria (OSTO:VISC) Debt-to-Equity : 0.02 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Gruvaktiebolaget Viscaria Debt-to-Equity?

Gruvaktiebolaget Viscaria's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1.90 Mil. Gruvaktiebolaget Viscaria's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr17.50 Mil. Gruvaktiebolaget Viscaria's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,216.20 Mil. Gruvaktiebolaget Viscaria's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Gruvaktiebolaget Viscaria's Debt-to-Equity or its related term are showing as below:

OSTO:VISC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.36
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Gruvaktiebolaget Viscaria was 0.36. The lowest was 0.00. And the median was 0.05.

OSTO:VISC's Debt-to-Equity is ranked better than
82.92% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs OSTO:VISC: 0.02

Gruvaktiebolaget Viscaria Debt-to-Equity Historical Data

The historical data trend for Gruvaktiebolaget Viscaria'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.

Gruvaktiebolaget Viscaria Debt-to-Equity Chart

Gruvaktiebolaget Viscaria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.03

0.06

0.04

0.02

Gruvaktiebolaget Viscaria 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															0.04	0.03	0.03	0.02	0.02

Competitive Comparison of Gruvaktiebolaget Viscaria's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Gruvaktiebolaget Viscaria'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.

Gruvaktiebolaget Viscaria's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gruvaktiebolaget Viscaria's Debt-to-Equity distribution charts can be found below:

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

Gruvaktiebolaget Viscaria Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gruvaktiebolaget Viscaria'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
	=	(2.3	+	17.7)	/	1227.6
	=	0.02

Gruvaktiebolaget Viscaria'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
	=	(1.9	+	17.5)	/	1216.2
	=	0.02

Gruvaktiebolaget Viscaria (OSTO:VISC) 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.

Gruvaktiebolaget Viscaria Debt-to-Equity Related Terms

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

Gruvaktiebolaget Viscaria (OSTO:VISC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gruvaktiebolaget Viscaria (OSTO:VISC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

5KP:Germany

Address

Verkstadsvagen 52, Kopparberg, SWE, 714 36

Website

http://www.copperstone.se

Copperstone Resources AB is a Sweden-based exploration and mining company in the Industrial Metals and Mining division. It is primarily focused on developing the Viscaria copper mine in the region of Kiruna in northern Sweden. The company explores for copper, gold, zink, lead, and other minerals. It also holds interests in projects in Arvidsjaur (Eva, Svartliden, Granliden) and in Smedjebacken (Tvistbo), all located in the northern Sweden.

Gruvaktiebolaget Viscaria (OSTO:VISC) Headlines

No Headlines