Netcompany Group AS (CHIX:NETCC) Debt-to-Equity : 0.68 (As of Dec. 2024)

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What is Netcompany Group AS Debt-to-Equity?

Netcompany Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr184 Mil. Netcompany Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr2,281 Mil. Netcompany Group AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr3,615 Mil. Netcompany Group AS's debt to equity for the quarter that ended in Dec. 2024 was 0.68.

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 Netcompany Group AS's Debt-to-Equity or its related term are showing as below:

CHIX:NETCc' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.67 Max: 0.98
Current: 0.68

During the past 10 years, the highest Debt-to-Equity Ratio of Netcompany Group AS was 0.98. The lowest was 0.04. And the median was 0.67.

CHIX:NETCc's Debt-to-Equity is ranked worse than
78.61% of 2202 companies
in the Software industry
Industry Median: 0.21 vs CHIX:NETCc: 0.68

Netcompany Group AS Debt-to-Equity Historical Data

The historical data trend for Netcompany Group AS'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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Netcompany Group AS Debt-to-Equity Chart

Netcompany Group AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.35

0.86

0.62

0.68

Netcompany Group AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.68	0.68	0.66	0.68

Competitive Comparison of Netcompany Group AS's Debt-to-Equity

For the Information Technology Services subindustry, Netcompany Group AS'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.

Netcompany Group AS's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Netcompany Group AS's Debt-to-Equity falls into.

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Netcompany Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Netcompany Group AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(183.7	+	2280.9)	/	3615.4
	=	0.68

Netcompany Group AS's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(183.7	+	2280.9)	/	3615.4
	=	0.68

Netcompany Group AS (CHIX:NETCc) 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.

Netcompany Group AS Debt-to-Equity Related Terms

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

Netcompany Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Netcompany Group AS (CHIX:NETCc) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NTCYF:USA 0YH9:UK NETC:Denmark

Address

Strandgade 3, Copenhagen, DNK, 1401

Website

https://www.netcompany.com

Netcompany Group AS is an information technology company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. Its products include software solutions and digital platforms such as Pulse, Easley AI and Solon Tax among others. It generates maximum revenue from the Public segment. The company serves enterprises from Finance; Government; Manufacturing and engineering; Municipalities; Retail and trade; Service companies; Telecommunication and media; Energy and Utilities and other industries. Geographically, it derives a majority of its revenue from Denmark and also has its presence in United Kingdom, Belgium, Greece, Netherlands and other regions.

Netcompany Group AS Headlines

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