Godsinlosen Nordic AB (OSTO:GIAB) Debt-to-Equity : -0.82 (As of Mar. 2024)

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What is Godsinlosen Nordic AB Debt-to-Equity?

Godsinlosen Nordic AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr5.4 Mil. Godsinlosen Nordic AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.0 Mil. Godsinlosen Nordic AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr-6.6 Mil. Godsinlosen Nordic AB's debt to equity for the quarter that ended in Mar. 2024 was -0.82.

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

OSTO:GIAB' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.33 Med: 0 Max: 175.91
Current: -0.82

During the past 5 years, the highest Debt-to-Equity Ratio of Godsinlosen Nordic AB was 175.91. The lowest was -4.33. And the median was 0.00.

OSTO:GIAB's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs OSTO:GIAB: -0.82

Godsinlosen Nordic AB Debt-to-Equity Historical Data

The historical data trend for Godsinlosen Nordic 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.

Godsinlosen Nordic AB Debt-to-Equity Chart

Godsinlosen Nordic AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.35

175.91

0.11

-4.33

Godsinlosen Nordic AB Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												-	-	-	-4.33	-0.82

Competitive Comparison of Godsinlosen Nordic AB's Debt-to-Equity

For the Information Technology Services subindustry, Godsinlosen Nordic 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.

Godsinlosen Nordic AB's Debt-to-Equity Distribution in the Software Industry

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

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

Godsinlosen Nordic AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Godsinlosen Nordic 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
	=	(0	+	3.373)	/	-0.779
	=	-4.33

Godsinlosen Nordic 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
	=	(5.366	+	0)	/	-6.565
	=	-0.82

Godsinlosen Nordic AB (OSTO:GIAB) 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.

Godsinlosen Nordic AB Debt-to-Equity Related Terms

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Godsinlosen Nordic AB (OSTO:GIAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Godsinlosen Nordic AB (OSTO:GIAB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Handelsvagen 18, Staffanstorp, SWE, 245 22

Website

https://www.giabnordic.se

Godsinlosen Nordic AB is an innovative growth company whose business concept is to optimize product flows according to circular economic principles. The company delivers a complete solution for handling returns and complaints to e-retailers, producers and distributors in a cost-effective and sustainable way, and offers a complete circular claims settlement process to the insurance industry.

Godsinlosen Nordic AB (OSTO:GIAB) Headlines

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