Loomis AB (publ)

Stockholm Stock Exchange LOOMIS.ST

Loomis AB (publ) Debt to Equity Ratio for the year ending December 31, 2023: 1.23

Loomis AB (publ) Debt to Equity Ratio is 1.23 for the year ending December 31, 2023, a 26.39% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Loomis AB (publ) Debt to Equity Ratio for the year ending December 31, 2022 was 0.97, a -7.21% change year over year.
Loomis AB (publ) Debt to Equity Ratio for the year ending December 31, 2021 was 1.05, a -4.68% change year over year.
Loomis AB (publ) Debt to Equity Ratio for the year ending December 31, 2020 was 1.10, a 6.33% change year over year.
Loomis AB (publ) Debt to Equity Ratio for the year ending December 31, 2019 was 1.04, a 64.65% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Stockholm Stock Exchange: LOOMIS.ST

Loomis AB (publ)

CEO	Mr. Aritz Larrea Uribiarte
IPO Date	Dec. 9, 2008
Location	Sweden
Headquarters	Drottninggatan 82
Employees	24,500
Sector	Consumer Staples
Industries Retail & Wholesale Drugstores & Retail Pharmacies Point-Of-Sale (POS) Warehousing

Description

Loomis AB (publ) provides solutions for the distribution, handling, storage, and recycling of cash and other valuables in Sweden and internationally. The company offers a range of solutions for cash in transit, cash management services, physical foreign currency, ATMs, and international valuables logistics, as well as operates Loomis Pay, an end-to-end payment platform for merchants. It serves banks, retailers, and other operators. As of February 3, 2022, the company operated through a network of approximately 400 branches. Loomis AB (publ) was founded in 1852 and is headquartered in Stockholm, Sweden.

Key trends

Past 5 years