engcon AB (publ)

Stockholm Stock Exchange ENGCON-B.ST

engcon AB (publ) Debt to Equity Ratio for the year ending December 31, 2023: 0.22

engcon AB (publ) Debt to Equity Ratio is 0.22 for the year ending December 31, 2023, a -60.49% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • engcon AB (publ) Debt to Equity Ratio for the year ending December 31, 2022 was 0.57, a 174.44% change year over year.
  • engcon AB (publ) Debt to Equity Ratio for the year ending December 31, 2021 was 0.21, a -20.57% change year over year.
  • engcon AB (publ) Debt to Equity Ratio for the year ending December 31, 2020 was 0.26, a 10.78% change year over year.
  • engcon AB (publ) Debt to Equity Ratio for the year ending December 31, 2019 was 0.23.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Stockholm Stock Exchange: ENGCON-B.ST

engcon AB (publ)

CEO Krister Blomgren
IPO Date June 17, 2022
Location Sweden
Headquarters Godsgatan 6
Employees 400
Sector Industrials
Industries
Description

engcon AB (publ) manufactures and sells tiltrotators. It offers quick couplers; EC-oil, which reduces the oil spillage and the time for changing equipment; control and safety systems comprise Q-Safe control locking system that standardizes the use of quick couplers; MIG2 joystick, which enables end-users to customize the joystick's functions; control system DC2, which is used to control the tiltrotators and the excavator's ground movements and boom swing; locking systems; positioning systems; and warning light and sound modules. The company also offers hydraulic tools, such as pallet forks, timber and combi grabs, ground compactors, sweeper rollers, Stone and sorting grabs, and detachable grippers and sweepers; and mechanical tools, including grading beams, tarmac cutters, deep-digging buckets, pallet forks, cable and grading buckets, rippers, water/sewerage buckets, and riddle buckets. It operates in Sweden, Denmark, Norway, Finland, North and South America, Japan, South Korea, Australia, New Zealand, and internationally. The company's products have applications in pipelines, road works, water and sewerage work, railway constructions, electrical works, and telecom and broadband works, as well as work on construction sites and landscaping. engcon AB (publ) was founded in 1990 and is headquartered in Strömsund, Sweden.

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StockViz Staff

February 4, 2025

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