Relevance Communication Nordic (NGM:RLVNC) Debt-to-Equity : 0.28 (As of Sep. 2023)

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What is Relevance Communication Nordic Debt-to-Equity?

Relevance Communication Nordic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.72 Mil. Relevance Communication Nordic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.00 Mil. Relevance Communication Nordic's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr2.53 Mil. Relevance Communication Nordic's debt to equity for the quarter that ended in Sep. 2023 was 0.28.

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 Relevance Communication Nordic's Debt-to-Equity or its related term are showing as below:

NGM:RLVNC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.89 Max: 9.35
Current: 0.28

During the past 7 years, the highest Debt-to-Equity Ratio of Relevance Communication Nordic was 9.35. The lowest was 0.20. And the median was 0.89.

NGM:RLVNC's Debt-to-Equity is ranked better than
50.12% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs NGM:RLVNC: 0.28

Relevance Communication Nordic Debt-to-Equity Historical Data

The historical data trend for Relevance Communication Nordic'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.

Relevance Communication Nordic Debt-to-Equity Chart

Relevance Communication Nordic Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.98

0.57

0.80

0.60

0.20

Relevance Communication Nordic Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.20	0.32	0.20	0.28

Competitive Comparison of Relevance Communication Nordic's Debt-to-Equity

For the Publishing subindustry, Relevance Communication Nordic'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.

Relevance Communication Nordic's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Relevance Communication Nordic's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Relevance Communication Nordic's Debt-to-Equity falls into.

Relevance Communication Nordic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Relevance Communication Nordic's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.614	+	0)	/	3.096
	=	0.20

Relevance Communication Nordic's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.717	+	0)	/	2.527
	=	0.28

Relevance Communication Nordic (NGM:RLVNC) 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.

Relevance Communication Nordic Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Relevance Communication Nordic's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Relevance Communication Nordic (NGM:RLVNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Relevance Communication Nordic (NGM:RLVNC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Sandhamnsgatan 63C, Stockholm, SWE, 115 28

Website

http://www.news55.se

News55 AB is a media company. Its business includes publishing of regional magazines and newspapers. The company also organizes exhibition for seniors and offers products in advertising and print. It has launched the E55.se site, which focuses on news and guidance in finance, savings and pensions.

Relevance Communication Nordic (NGM:RLVNC) Headlines

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