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Swedish Stirling AB (OSTO:STRLNG) Debt-to-Equity : -2.28 (As of Dec. 2022)


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What is Swedish Stirling AB Debt-to-Equity?

Swedish Stirling AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was kr1.94 Mil. Swedish Stirling AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was kr57.75 Mil. Swedish Stirling AB's Total Stockholders Equity for the quarter that ended in Dec. 2022 was kr-26.23 Mil. Swedish Stirling AB's debt to equity for the quarter that ended in Dec. 2022 was -2.28.

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

OSTO:STRLNG's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Swedish Stirling AB Debt-to-Equity Historical Data

The historical data trend for Swedish Stirling 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.

Swedish Stirling AB Debt-to-Equity Chart

Swedish Stirling AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.56 0.68 0.15 -2.28

Swedish Stirling AB Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.16 0.17 0.35 -2.28

Competitive Comparison of Swedish Stirling AB's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Swedish Stirling 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.


Swedish Stirling AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Swedish Stirling AB's Debt-to-Equity distribution charts can be found below:

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



Swedish Stirling AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Swedish Stirling AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Swedish Stirling AB's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

* 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.


Swedish Stirling AB  (OSTO:STRLNG) 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.


Swedish Stirling AB Debt-to-Equity Related Terms

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


Swedish Stirling AB (OSTO:STRLNG) Business Description

Traded in Other Exchanges
N/A
Address
Gruvgatan 35 B, Vastra Frolunda, Gothenburg, SWE, 421 30
Swedish Stirling AB has developed a hybridized Stirling engine based on a license from Kockums AB. The Stirling engine forms the basis of the company's products Ripasso Stirling Hybrid and PWR BLOK. The Ripasso Stirling Hybrid is a solar hybrid where energy from the sun is supplemented with some other fuel during the dark hours of the day. PWR BLOK is the product from Ripasso Energy towards the market for residual gas.

Swedish Stirling AB (OSTO:STRLNG) Headlines

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