Crayon Group Holding ASA (OSL:CRAYN) Debt-to-Equity : 1.04 (As of Dec. 2023)

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What is Crayon Group Holding ASA Debt-to-Equity?

Crayon Group Holding ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr326 Mil. Crayon Group Holding ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr2,280 Mil. Crayon Group Holding ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr2,497 Mil. Crayon Group Holding ASA's debt to equity for the quarter that ended in Dec. 2023 was 1.04.

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 Crayon Group Holding ASA's Debt-to-Equity or its related term are showing as below:

OSL:CRAYN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 1.02 Max: 2.49
Current: 1.04

During the past 11 years, the highest Debt-to-Equity Ratio of Crayon Group Holding ASA was 2.49. The lowest was 0.45. And the median was 1.02.

OSL:CRAYN's Debt-to-Equity is ranked worse than
85.81% of 2220 companies
in the Software industry
Industry Median: 0.21 vs OSL:CRAYN: 1.04

Crayon Group Holding ASA Debt-to-Equity Historical Data

The historical data trend for Crayon Group Holding ASA'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.

Crayon Group Holding ASA Debt-to-Equity Chart

Crayon Group Holding ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.78

0.45

1.00

1.31

1.04

Crayon Group Holding ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.31	1.21	1.10	1.39	1.04

Competitive Comparison of Crayon Group Holding ASA's Debt-to-Equity

For the Information Technology Services subindustry, Crayon Group Holding ASA'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.

Crayon Group Holding ASA's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Crayon Group Holding ASA's Debt-to-Equity falls into.

Crayon Group Holding ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crayon Group Holding ASA'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
	=	(326	+	2280)	/	2497
	=	1.04

Crayon Group Holding ASA's Debt to Equity Ratio for the quarter 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
	=	(326	+	2280)	/	2497
	=	1.04

Crayon Group Holding ASA (OSL:CRAYN) 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.

Crayon Group Holding ASA Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Crayon Group Holding ASA's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Crayon Group Holding ASA (OSL:CRAYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crayon Group Holding ASA (OSL:CRAYN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CRAYF:USA CRAYONo:Sweden CRAYNo:UK 30X:Germany

Address

Gullhaug Torg 5, Oslo, NOR, 0484

Website

https://www.crayon.com

Crayon Group Holding ASA is an information technology advisory firm. The company operates in five business segments; Software & Cloud Direct is Crayon's licence offering from software vendors, Software & Cloud Channel is Crayon's offering towards hosters, system integrators and ISVs, which includes licence advisory/optimization, software licence sales and access to Crayons proprietary tools and IP, Software & Cloud Economics services include processes and tools for enabling clients to build in-house SAM (Software Asset Management) capabilities, licence spend optimization and support for clients in vendor audits, Consulting consists of cloud consulting and solutions consulting services, and Admin & shared services include administrative income and costs, corporate administrative costs.

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