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Vitec Software Group AB (CHIX:VITBS) Debt-to-Equity : 0.50 (As of Dec. 2024)


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What is Vitec Software Group AB Debt-to-Equity?

Vitec Software Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr212 Mil. Vitec Software Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr2,232 Mil. Vitec Software Group AB's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr4,904 Mil. Vitec Software Group AB's debt to equity for the quarter that ended in Dec. 2024 was 0.50.

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 Vitec Software Group AB's Debt-to-Equity or its related term are showing as below:

CHIX:VITBs' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 0.73   Max: 1.15
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Vitec Software Group AB was 1.15. The lowest was 0.44. And the median was 0.73.

CHIX:VITBs's Debt-to-Equity is ranked worse than
71.31% of 2189 companies
in the Software industry
Industry Median: 0.21 vs CHIX:VITBs: 0.50

Vitec Software Group AB Debt-to-Equity Historical Data

The historical data trend for Vitec Software Group 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.

Vitec Software Group AB Debt-to-Equity Chart

Vitec Software Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.44 0.51 0.66 0.50

Vitec Software Group AB 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 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 0.66 0.61 0.62 0.41 0.50

Competitive Comparison of Vitec Software Group AB's Debt-to-Equity

For the Software - Application subindustry, Vitec Software Group 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.


Vitec Software Group AB's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Vitec Software Group AB's Debt-to-Equity falls into.



Vitec Software Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vitec Software Group AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Vitec Software Group AB's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Vitec Software Group AB  (CHIX:VITBs) 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.


Vitec Software Group AB Debt-to-Equity Related Terms

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


Vitec Software Group AB Business Description

Traded in Other Exchanges
Address
Tvistevagen 47A, Umea, SWE, 907 29
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.

Vitec Software Group AB Headlines

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