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JonDeTech Sensors AB (FRA:9X60) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is JonDeTech Sensors AB Debt-to-Equity?

JonDeTech Sensors AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. JonDeTech Sensors AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. JonDeTech Sensors AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4.67 Mil. JonDeTech Sensors AB's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

FRA:9X60' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.3   Max: 0.37
Current: 0.3

During the past 8 years, the highest Debt-to-Equity Ratio of JonDeTech Sensors AB was 0.37. The lowest was 0.23. And the median was 0.30.

FRA:9X60's Debt-to-Equity is ranked worse than
50.62% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs FRA:9X60: 0.30

JonDeTech Sensors AB Debt-to-Equity Historical Data

The historical data trend for JonDeTech Sensors 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.

JonDeTech Sensors AB Debt-to-Equity Chart

JonDeTech Sensors AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.37 - - 0.23 -

JonDeTech Sensors AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.23 0.07 0.16 0.43 -

Competitive Comparison of JonDeTech Sensors AB's Debt-to-Equity

For the Electronic Components subindustry, JonDeTech Sensors 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.


JonDeTech Sensors AB's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, JonDeTech Sensors AB's Debt-to-Equity distribution charts can be found below:

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



JonDeTech Sensors AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JonDeTech Sensors AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

JonDeTech Sensors AB's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


JonDeTech Sensors AB  (FRA:9X60) 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.


JonDeTech Sensors AB Debt-to-Equity Related Terms

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JonDeTech Sensors AB (FRA:9X60) Business Description

Traded in Other Exchanges
Address
Box 195 63, Stockholm, SWE, SE-104 32
JonDeTech Sensors AB is engaged in researching and developing the next generation infrared sensor and detector application. The company's sensor enables unique applications in the mobile industry as well as IOT- applications within Intelligent homes, connected cities, environment- and energy technology, medtech, security solutions.

JonDeTech Sensors AB (FRA:9X60) Headlines

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