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Athena IT-Group AS (OCSE:ATHENA) Debt-to-Equity : 0.00 (As of Sep. 2015)


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What is Athena IT-Group AS Debt-to-Equity?

Athena IT-Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was kr0.00 Mil. Athena IT-Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was kr0.00 Mil. Athena IT-Group AS's Total Stockholders Equity for the quarter that ended in Sep. 2015 was kr53.77 Mil. Athena IT-Group AS's debt to equity for the quarter that ended in Sep. 2015 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 Athena IT-Group AS's Debt-to-Equity or its related term are showing as below:

OCSE:ATHENA's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Athena IT-Group AS Debt-to-Equity Historical Data

The historical data trend for Athena IT-Group AS'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.

Athena IT-Group AS Debt-to-Equity Chart

Athena IT-Group AS Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Debt-to-Equity
Get a 7-Day Free Trial 0.50 0.36 0.22 0.30 0.16

Athena IT-Group AS Quarterly Data
Jun09 Jun10 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 - - - 0.16 -

Competitive Comparison of Athena IT-Group AS's Debt-to-Equity

For the Information Technology Services subindustry, Athena IT-Group AS'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.


Athena IT-Group AS's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Athena IT-Group AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Athena IT-Group AS's Debt-to-Equity falls into.



Athena IT-Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Athena IT-Group AS's Debt to Equity Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Athena IT-Group AS's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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.


Athena IT-Group AS  (OCSE:ATHENA) 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.


Athena IT-Group AS Debt-to-Equity Related Terms

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Athena IT-Group AS (OCSE:ATHENA) Business Description

Traded in Other Exchanges
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Address
Athena IT-Group AS provides professional IT solutions for the Danish business community. It consists of two divisions: Infrastructure & Outsourcing; and E-Solutions.

Athena IT-Group AS (OCSE:ATHENA) Headlines

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