Exsitec Holding AB (OSTO:EXS) Debt-to-Equity : 0.44 (As of Mar. 2024)

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What is Exsitec Holding AB Debt-to-Equity?

Exsitec Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr36.8 Mil. Exsitec Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr158.0 Mil. Exsitec Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr439.9 Mil. Exsitec Holding AB's debt to equity for the quarter that ended in Mar. 2024 was 0.44.

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

OSTO:EXS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.44 Max: 0.77
Current: 0.44

During the past 6 years, the highest Debt-to-Equity Ratio of Exsitec Holding AB was 0.77. The lowest was 0.17. And the median was 0.44.

OSTO:EXS's Debt-to-Equity is ranked worse than
68.44% of 2224 companies
in the Software industry
Industry Median: 0.21 vs OSTO:EXS: 0.44

Exsitec Holding AB Debt-to-Equity Historical Data

The historical data trend for Exsitec Holding 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.

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Exsitec Holding AB Debt-to-Equity Chart

Exsitec Holding AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.43

0.17

0.59

0.45

0.36

Exsitec Holding AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.39	0.41	0.40	0.36	0.44

Competitive Comparison of Exsitec Holding AB's Debt-to-Equity

For the Information Technology Services subindustry, Exsitec Holding 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.

Exsitec Holding AB's Debt-to-Equity Distribution in the Software Industry

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

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

Exsitec Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Exsitec Holding 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
	=	(54.125	+	96.51)	/	415.015
	=	0.36

Exsitec Holding AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(36.845	+	158.046)	/	439.881
	=	0.44

Exsitec Holding AB (OSTO:EXS) 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.

Exsitec Holding AB Debt-to-Equity Related Terms

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Exsitec Holding AB (OSTO:EXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exsitec Holding AB (OSTO:EXS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Snickaregatan 40, Linkoping, SWE, 582 26

Website

https://www.exsitec.se

Exsitec Holding AB provides information technology services. The business activities of the company include IT support by providing support, management, and further development of the IT systems of the customers. The company offers e-commerce solutions, software development, IT training, and other related services. The group's operations are managed and reported based on the three operating segments: Sweden, Norway, and Denmark. The majority of its revenue is derived from Sweden.

Exsitec Holding AB (OSTO:EXS) Headlines

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