ADNH (Advent Technologies Holdings) Debt-to-Equity: -0.11 (As of Sep. 2025)

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What is Advent Technologies Holdings Debt-to-Equity?

Advent Technologies Holdings ADNH Debt-to-Equity is -0.11 as of Sep. 2025. The stock has 6 warning signs investors should review. Among 2,680 Industrial Products companies, Advent Technologies Holdings ranks worse than 37313.4% on this metric.

Advent Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $1.96 Mil. Advent Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.02 Mil. Advent Technologies Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $-17.78 Mil. Advent Technologies Holdings's debt to equity for the quarter that ended in Sep. 2025 was -0.11.

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 Advent Technologies Holdings's Debt-to-Equity or its related term are showing as below:

ADNH' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.3   Med: -0.02   Max: 1.65
Current: -0.11

During the past 6 years, the highest Debt-to-Equity Ratio of Advent Technologies Holdings was 1.65. The lowest was -0.30. And the median was -0.02.

ADNH's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs ADNH: -0.11

Advent Technologies Holdings  (OTCPK:ADNH) 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.


Advent Technologies Holdings Debt-to-Equity Related Terms


Advent Technologies Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Advent Technologies Holdings'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.

Advent Technologies Holdings Debt-to-Equity Chart

Advent Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial -0.02 0.00 0.19 0.77 -0.04

Advent Technologies Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.04 -0.02 -0.06 -0.11

ADNH vs LNKS, OZSC, KRFG: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Advent Technologies Holdings'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.


Advent Technologies Holdings Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advent Technologies Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Advent Technologies Holdings's Debt-to-Equity falls into.



Advent Technologies Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advent Technologies Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Advent Technologies Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.11 mean?
Advent Technologies Holdings (ADNH) has a Debt-to-Equity of -0.11 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Advent Technologies Holdings and its competitors. According to the industry distribution chart, Advent Technologies Holdings ranks #999999 out of 2680 companies in the Industrial Products industry.
Is Advent Technologies Holdings' Debt-to-Equity too high?
Advent Technologies Holdings' current Debt-to-Equity is -0.11. Based on the distribution chart, Advent Technologies Holdings ranks #999999 out of 2680 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Advent Technologies Holdings' Debt-to-Equity compare to LNKS and OZSC?
According to the Industrial Products industry distribution chart, Advent Technologies Holdings ranks #999999 out of 2680 companies for Debt-to-Equity. This places Advent Technologies Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,680 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Advent Technologies Holdings and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advent Technologies Holdings's current Debt-to-Equity is -0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Advent Technologies Holdings (ADNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.00 — trading 99.5% below its estimated fair value. The current Debt-to-Equity is -0.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Advent Technologies Holdings (ADNH), the current Debt-to-Equity is -0.11 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Advent Technologies Holdings Business Description

Address 5637 La Ribera Street, Suite A, Livermore, CA, USA, 94550
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space, including liquid hydrogen carriers such as methanol. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.