Sun4Energy Group AB (NGM:SUN4) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is Sun4Energy Group AB Debt-to-Equity?

Sun4Energy Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr7.7 Mil. Sun4Energy Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr20.3 Mil. Sun4Energy Group AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr103.5 Mil. Sun4Energy Group AB's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 Sun4Energy Group AB's Debt-to-Equity or its related term are showing as below:

NGM:SUN4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.21 Max: 0.27
Current: 0.27

During the past 4 years, the highest Debt-to-Equity Ratio of Sun4Energy Group AB was 0.27. The lowest was 0.15. And the median was 0.21.

NGM:SUN4's Debt-to-Equity is ranked worse than
50.63% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs NGM:SUN4: 0.27

Sun4Energy Group AB Debt-to-Equity Historical Data

The historical data trend for Sun4Energy Group 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.

Sun4Energy Group AB Debt-to-Equity Chart

Sun4Energy Group AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.15

0.27

Sun4Energy Group AB Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.15	-	-	-	0.27

Competitive Comparison of Sun4Energy Group AB's Debt-to-Equity

For the Solar subindustry, Sun4Energy Group 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.

Sun4Energy Group AB's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sun4Energy Group AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sun4Energy Group AB's Debt-to-Equity falls into.

Sun4Energy Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun4Energy Group AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(7.651	+	20.345)	/	103.514
	=	0.27

Sun4Energy Group AB's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(7.651	+	20.345)	/	103.514
	=	0.27

Sun4Energy Group AB (NGM:SUN4) 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.

Sun4Energy Group AB Debt-to-Equity Related Terms

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Sun4Energy Group AB (NGM:SUN4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sun4Energy Group AB (NGM:SUN4) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Skjutbanevagen 11, Orebro, SWE, 703 69

Website

https://www.sun4energy.se

Sun4Energy Group AB is engaged in designing, installing, and commissioning solar cell systems and electric car chargers, both AC and DC chargers for private individuals, companies, and municipalities. The company's goal is to contribute solutions that accelerate the transition to efficient and fossil-free energy solutions.

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