Fastout Int AB (NGM:FOUT) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Fastout Int AB Debt-to-Equity?

Fastout Int AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Fastout Int AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Fastout Int AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr5.72 Mil. Fastout Int AB's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 8 years, the highest Debt-to-Equity Ratio of Fastout Int AB was 0.30. The lowest was 0.01. And the median was 0.14.

NGM:FOUT's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Fastout Int AB Debt-to-Equity Historical Data

The historical data trend for Fastout Int 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.

Fastout Int AB Debt-to-Equity Chart

Fastout Int AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Fastout Int 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															-	-	-	-	-

Competitive Comparison of Fastout Int AB's Debt-to-Equity

For the Information Technology Services subindustry, Fastout Int 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.

Fastout Int AB's Debt-to-Equity Distribution in the Software Industry

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

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

Fastout Int AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fastout Int 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	+	0)	/	5.847
	=	0.00

Fastout Int 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
	=	(0	+	0)	/	5.721
	=	0.00

Fastout Int AB (NGM:FOUT) 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.

Fastout Int AB Debt-to-Equity Related Terms

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Fastout Int AB (NGM:FOUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fastout Int AB (NGM:FOUT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karlavagen 40, Stockholm, SWE, 114 49

Website

http://www.fastout.com

Fastout Int AB provides IT platform connecting companies that want to highlight a geographic location with local dronarpiloter. The company's product creates FastOut effective marketing for their clients.

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