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QleanAir AB (FRA:9ZJ) Debt-to-Equity : 1.07 (As of Dec. 2024)


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What is QleanAir AB Debt-to-Equity?

QleanAir AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €18.80 Mil. QleanAir AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.00 Mil. QleanAir AB's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €17.54 Mil. QleanAir AB's debt to equity for the quarter that ended in Dec. 2024 was 1.07.

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

FRA:9ZJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.07   Med: 1.71   Max: 8.25
Current: 1.07

During the past 9 years, the highest Debt-to-Equity Ratio of QleanAir AB was 8.25. The lowest was 1.07. And the median was 1.71.

FRA:9ZJ's Debt-to-Equity is ranked worse than
88.65% of 2616 companies
in the Industrial Products industry
Industry Median: 0.28 vs FRA:9ZJ: 1.07

QleanAir AB Debt-to-Equity Historical Data

The historical data trend for QleanAir 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.

QleanAir AB Debt-to-Equity Chart

QleanAir AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 1.71 1.21 1.42 1.15 1.07

QleanAir 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 1.15 0.99 1.07 1.07 1.07

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

For the Pollution & Treatment Controls subindustry, QleanAir 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.


QleanAir AB's Debt-to-Equity Distribution in the Industrial Products Industry

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

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


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QleanAir AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

QleanAir 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.


QleanAir AB  (FRA:9ZJ) 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.


QleanAir AB Debt-to-Equity Related Terms

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QleanAir AB Business Description

Traded in Other Exchanges
Address
Torggatan 13, Box 1178, Solna, SWE, SE-171 23
QleanAir AB is a provider of air cleaning solutions for indoor environments. Its solutions are used to protect people, processes, and products from harmful particles and gases, which are captured and filtered through its products. It conducts its business in EMEA, APAC, and America. It generates revenues from the sale of its products such as Cabin Solutions, Air Cleaners, and Cleanrooms.

QleanAir AB Headlines

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