LumenRadio AB (OSTO:LUMEN) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is LumenRadio AB Debt-to-Equity?

LumenRadio AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4.2 Mil. LumenRadio AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr6.5 Mil. LumenRadio AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr211.7 Mil. LumenRadio AB's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

OSTO:LUMEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.5
Current: 0.05

During the past 5 years, the highest Debt-to-Equity Ratio of LumenRadio AB was 0.50. The lowest was 0.04. And the median was 0.08.

OSTO:LUMEN's Debt-to-Equity is ranked better than
84.05% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs OSTO:LUMEN: 0.05

LumenRadio AB Debt-to-Equity Historical Data

The historical data trend for LumenRadio 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.

LumenRadio AB Debt-to-Equity Chart

LumenRadio AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.15

0.50

0.15

0.11

0.05

LumenRadio AB Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								0.06	0.06	0.04	0.05	0.05

Competitive Comparison of LumenRadio AB's Debt-to-Equity

For the Communication Equipment subindustry, LumenRadio 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.

LumenRadio AB's Debt-to-Equity Distribution in the Hardware Industry

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

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

LumenRadio AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LumenRadio 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
	=	(4.029	+	7.201)	/	209.918
	=	0.05

LumenRadio 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
	=	(4.217	+	6.454)	/	211.724
	=	0.05

LumenRadio AB (OSTO:LUMEN) 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.

LumenRadio AB Debt-to-Equity Related Terms

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LumenRadio AB (OSTO:LUMEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LumenRadio AB (OSTO:LUMEN) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

YV7:Germany

Address

Johan Willins Gata 6, Gothenburg, SWE, SE-416 48

Website

https://www.lumenradio.com

LumenRadio AB provide ultra-reliable and ultra-low power device-to-device wireless connectivity for the most business-critical applications. The company's scalable solutions are based on patented wireless technology for lighting control, building automation and industrial communication.

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