Telefonaktiebolaget L M Ericsson (ERIC)
5.28
-0.08
(-1.40%)
USD |
NASDAQ |
Apr 24, 16:00
5.28
0.00 (0.00%)
After-Hours: 19:46
Telefonaktiebolaget L M Ericsson Debt to Equity Ratio: 0.3772 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.3772 |
| December 31, 2023 | 0.475 |
| September 30, 2023 | 0.364 |
| June 30, 2023 | 0.2527 |
| March 31, 2023 | 0.2649 |
| December 31, 2022 | 0.2443 |
| September 30, 2022 | 0.234 |
| June 30, 2022 | 0.2318 |
| March 31, 2022 | 0.3492 |
| December 31, 2021 | 0.2926 |
| September 30, 2021 | 0.3333 |
| June 30, 2021 | 0.358 |
| March 31, 2021 | 0.2857 |
| December 31, 2020 | 0.348 |
| September 30, 2020 | 0.4433 |
| June 30, 2020 | 0.4793 |
| March 31, 2020 | 0.5153 |
| December 31, 2019 | 0.4566 |
| September 30, 2019 | 0.4958 |
| June 30, 2019 | 0.4166 |
| March 31, 2019 | 0.4201 |
| December 31, 2018 | 0.3808 |
| September 30, 2018 | 0.3539 |
| June 30, 2018 | 0.3644 |
| March 31, 2018 | 0.3634 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.3409 |
| September 30, 2017 | 0.2698 |
| June 30, 2017 | 0.2465 |
| March 31, 2017 | 0.2961 |
| December 31, 2016 | 0.1983 |
| September 30, 2016 | 0.205 |
| June 30, 2016 | 0.2049 |
| March 31, 2016 | 0.1695 |
| December 31, 2015 | 0.1714 |
| September 30, 2015 | 0.1881 |
| June 30, 2015 | 0.1899 |
| March 31, 2015 | |
| December 31, 2014 | 0.1673 |
| September 30, 2014 | 0.1591 |
| June 30, 2014 | 0.1682 |
| March 31, 2014 | 0.1739 |
| December 31, 2013 | 0.2101 |
| September 30, 2013 | 0.1933 |
| June 30, 2013 | 0.2002 |
| March 31, 2013 | 0.2086 |
| December 31, 2012 | 0.2094 |
| September 30, 2012 | 0.2104 |
| June 30, 2012 | 0.2129 |
| March 31, 2012 | 0.194 |
| December 31, 2011 | 0.2168 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2318
Minimum
Jun 2022
0.5153
Maximum
Mar 2020
0.3609
Average
0.3536
Median
Debt to Equity Ratio Benchmarks
| Nokia Oyj | 0.1784 |
| NVIDIA Corp | 0.2259 |
| Advanced Micro Devices Inc | 0.0442 |
| Neonode Inc | 0.00 |
| Dustin Group AB | 1.001 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 28.12B |
| Total Liabilities (Quarterly) | 18.01B |
| Shareholders Equity (Quarterly) | 10.24B |
| Current Ratio | 1.216 |
| Net Debt Paydown Yield | -0.77% |