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Serstech AB (FRA:284) Debt-to-Equity : 0.00 (As of Dec. 2024)


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What is Serstech AB Debt-to-Equity?

Serstech AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.00 Mil. Serstech AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.00 Mil. Serstech AB's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €6.66 Mil. Serstech AB's debt to equity for the quarter that ended in Dec. 2024 was 0.00.

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

FRA:284' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.18
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Serstech AB was 0.18. The lowest was 0.03. And the median was 0.06.

FRA:284's Debt-to-Equity is ranked better than
95.1% of 1389 companies
in the Chemicals industry
Industry Median: 0.37 vs FRA:284: 0.02

Serstech AB Debt-to-Equity Historical Data

The historical data trend for Serstech 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.

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Serstech AB Debt-to-Equity Chart

Serstech 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 0.06 0.03 0.18 0.04 -

Serstech 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 0.04 0.03 - - -

Competitive Comparison of Serstech AB's Debt-to-Equity

For the Chemicals subindustry, Serstech 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.


Serstech AB's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Serstech AB's Debt-to-Equity distribution charts can be found below:

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


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Serstech AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Serstech 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.


Serstech AB  (FRA:284) 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.


Serstech AB Debt-to-Equity Related Terms

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Serstech AB Business Description

Traded in Other Exchanges
Address
Aldermansgatan 13, Lund, SWE, SE-227 64
Serstech AB is engaged in chemical related products which help in the measurement and identification of chemicals. It offers Handheld Raman Spectrometer; Chemdash, Management and Reporting Software and Validated Data-Enriched and Complete Libraries. The company's solutions are used in the pharmaceutical production industry.

Serstech AB Headlines

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