Webstep ASA (OSL:WSTEP) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is Webstep ASA Debt-to-Equity?

Webstep ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr18 Mil. Webstep ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr80 Mil. Webstep ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr359 Mil. Webstep ASA'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 Webstep ASA's Debt-to-Equity or its related term are showing as below:

OSL:WSTEP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.17 Max: 1.12
Current: 0.27

During the past 11 years, the highest Debt-to-Equity Ratio of Webstep ASA was 1.12. The lowest was 0.07. And the median was 0.17.

OSL:WSTEP's Debt-to-Equity is ranked worse than
55.56% of 2223 companies
in the Software industry
Industry Median: 0.21 vs OSL:WSTEP: 0.27

Webstep ASA Debt-to-Equity Historical Data

The historical data trend for Webstep ASA'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.

Webstep ASA Debt-to-Equity Chart

Webstep ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.09

0.16

0.17

0.27

Webstep ASA 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															0.17	0.54	0.22	0.27	0.27

Competitive Comparison of Webstep ASA's Debt-to-Equity

For the Information Technology Services subindustry, Webstep ASA'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.

Webstep ASA's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Webstep ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Webstep ASA's Debt-to-Equity falls into.

Webstep ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Webstep ASA'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
	=	(17.693	+	80.322)	/	359.178
	=	0.27

Webstep ASA'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
	=	(17.693	+	80.322)	/	359.178
	=	0.27

Webstep ASA (OSL:WSTEP) 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.

Webstep ASA Debt-to-Equity Related Terms

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

Webstep ASA (OSL:WSTEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Webstep ASA (OSL:WSTEP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Universitetsgata 2, Rebel, Oslo, NOR, NO-0164

Website

https://www.webstep.com

Webstep ASA is engaged in the provision of information technology (IT) consultancy services. Its core digitalization offerings include digitalization, cloud migration and integration in addition, it also focused on the Internet of Things (IoT), machine learning and analytics. The company also provides cloud services and infrastructure, security and mobility solutions, robotics, as well as IT advisory and management solutions. It operates in two geographical segments, Norway and Sweden. The company earns. majority revenue from Sweden.

Webstep ASA (OSL:WSTEP) Headlines

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