Quality and Reliability (ATH:QUAL) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Quality and Reliability Debt-to-Equity?

Quality and Reliability's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.03 Mil. Quality and Reliability's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Quality and Reliability's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €0.61 Mil. Quality and Reliability's debt to equity for the quarter that ended in Dec. 2023 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 Quality and Reliability's Debt-to-Equity or its related term are showing as below:

ATH:QUAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.6 Max: 1.75
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Quality and Reliability was 1.75. The lowest was 0.05. And the median was 0.60.

ATH:QUAL's Debt-to-Equity is ranked better than
77.8% of 2203 companies
in the Software industry
Industry Median: 0.2 vs ATH:QUAL: 0.05

Quality and Reliability Debt-to-Equity Historical Data

The historical data trend for Quality and Reliability'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.

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Quality and Reliability Debt-to-Equity Chart

Quality and Reliability Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.72

1.16

1.45

1.75

0.05

Quality and Reliability Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.45	1.48	1.75	2.09	0.05

Competitive Comparison of Quality and Reliability's Debt-to-Equity

For the Software - Application subindustry, Quality and Reliability'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.

Quality and Reliability's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Quality and Reliability's Debt-to-Equity falls into.

Quality and Reliability Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quality and Reliability'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
	=	(0.03	+	0)	/	0.614
	=	0.05

Quality and Reliability'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
	=	(0.03	+	0)	/	0.614
	=	0.05

Quality and Reliability (ATH:QUAL) 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.

Quality and Reliability Debt-to-Equity Related Terms

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Quality and Reliability (ATH:QUAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quality and Reliability SA (ATH:QUAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11B Konitsis Street, Marousi, GRC, 15125

Website

http://www.qnr.com.gr

Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.