Investment AB Latour (OSTO:LATO B) Debt-to-Equity : 0.33 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Investment AB Latour Debt-to-Equity?

Investment AB Latour's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr5,532 Mil. Investment AB Latour's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr8,219 Mil. Investment AB Latour's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr42,061 Mil. Investment AB Latour's debt to equity for the quarter that ended in Mar. 2024 was 0.33.

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

OSTO:LATO B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.29 Max: 0.46
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Investment AB Latour was 0.46. The lowest was 0.13. And the median was 0.29.

OSTO:LATO B's Debt-to-Equity is ranked worse than
60.77% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs OSTO:LATO B: 0.33

Investment AB Latour Debt-to-Equity Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Debt-to-Equity Chart

Investment AB Latour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.35

0.32

0.34

0.38

0.32

Investment AB Latour 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															0.38	0.40	0.37	0.32	0.33

Competitive Comparison of Investment AB Latour's Debt-to-Equity

For the Asset Management subindustry, Investment AB Latour'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.

Investment AB Latour's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment AB Latour's Debt-to-Equity distribution charts can be found below:

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

Investment AB Latour Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Investment AB Latour'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
	=	(4561	+	8527)	/	40843
	=	0.32

Investment AB Latour'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
	=	(5532	+	8219)	/	42061
	=	0.33

Investment AB Latour (OSTO:LATO 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.

Investment AB Latour Debt-to-Equity Related Terms

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

Investment AB Latour (OSTO:LATO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Investment AB Latour (OSTO:LATO B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LATOBs:UK 0RQP:UK 18LB:Germany

Address

J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25

Website

http://www.latour.se

Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

Investment AB Latour (OSTO:LATO B) Headlines

No Headlines