Monivent AB (XSAT:MONI) Debt-to-Equity : 0.08 (As of Sep. 2023)

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What is Monivent AB Debt-to-Equity?

Monivent AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.64 Mil. Monivent AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.00 Mil. Monivent AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr8.22 Mil. Monivent AB's debt to equity for the quarter that ended in Sep. 2023 was 0.08.

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

XSAT:MONI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.65
Current: 0.08

During the past 6 years, the highest Debt-to-Equity Ratio of Monivent AB was 0.65. The lowest was 0.01. And the median was 0.03.

XSAT:MONI's Debt-to-Equity is ranked better than
71.79% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs XSAT:MONI: 0.08

Monivent AB Debt-to-Equity Historical Data

The historical data trend for Monivent 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.

Monivent AB Debt-to-Equity Chart

Monivent AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.03

0.65

0.04

0.05

Monivent AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.05	0.03	0.04	0.08

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

For the Medical Devices subindustry, Monivent 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.

Monivent AB's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Monivent AB's Debt-to-Equity distribution charts can be found below:

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

Monivent AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Monivent AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.423	+	0.471)	/	18.537
	=	0.05

Monivent AB's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.635	+	0)	/	8.222
	=	0.08

Monivent AB (XSAT:MONI) 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.

Monivent AB Debt-to-Equity Related Terms

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Monivent AB (XSAT:MONI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Monivent AB (XSAT:MONI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Regnbagsgatan 8B, Gothenburg, SWE, SE-417 55

Website

https://www.monivent.se

Monivent AB is a medtech company focused on improving the care given to newborn babies in need of respiratory support at birth. The company has developed a patented solution that provides continuous feedback on the volumes of air given to the newborn during manual ventilation. The airflow is measured directly in the face mask and feedback on the ventilation parameters is displayed numerically and graphically in real-time on the external monitor. The company's product is Monivent Neo100.