Multitude SE

LSE 0R4W.L

Multitude SE Debt to Equity Ratio for the year ending December 31, 2023: 0.71

Multitude SE Debt to Equity Ratio is 0.71 for the year ending December 31, 2023, a 149.84% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Multitude SE Debt to Equity Ratio for the year ending December 31, 2022 was 0.28, a -66.67% change year over year.
  • Multitude SE Debt to Equity Ratio for the year ending December 31, 2021 was 0.85, a -40.68% change year over year.
  • Multitude SE Debt to Equity Ratio for the year ending December 31, 2020 was 1.43, a -17.52% change year over year.
  • Multitude SE Debt to Equity Ratio for the year ending December 31, 2019 was 1.73, a 1.78% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
LSE: 0R4W.L

Multitude SE

CEO Mr. Jorma Olavi Jokela
IPO Date May 13, 2015
Location Finland
Headquarters Ratamestarinkatu 11 A
Employees 700
Sector Finance
Industries
Banking & Lending
Description

Multitude SE, together with its subsidiaries, provides mobile banking, and digital consumer and small business loans to retail and business clients. Its loan portfolio consists of microloans, PlusLoans, Primeloan, and revolving credit facilities; and working capital installment loans and purchase financing. The company also offers current accounts, and savings and term deposits; debit cards; and payments and transfers. It has operations in Northern Europe, Western Europe, Eastern Europe, and internationally. The company was formerly known as Ferratum Oyj and changed its name to Multitude SE in June 2021. Multitude SE was incorporated in 2005 and is headquartered in Helsinki, Finland.

StockViz Staff

January 15, 2025

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