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Stockholm Nordtech Group ABFRA:GD2 +0.40%18 Debt-to-Equity is 0.53 as of Dec. 2025, which is 7% below its 10-year median of 0.57. GuruFocus rates FRA:GD2 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 2,245 Software companies, Stockholm Nordtech Group AB ranks worse than 71.94% on this metric.
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 Stockholm Nordtech Group AB's Debt-to-Equity or its related term are showing as below:
FRA:GD2'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.57 Max: 0.62
Current: 0.53
During the past 4 years, the highest Debt-to-Equity Ratio of Stockholm Nordtech Group AB was 0.62. The lowest was 0.45. And the median was 0.57.
FRA:GD2's Debt-to-Equity is ranked worse than 71.94% of 2245
companies
in the Software industry
Industry Median: 0.19
vs FRA:GD2: 0.53
Stockholm Nordtech Group AB (FRA:GD2) Debt-to-Equity Explanation
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.
Stockholm Nordtech Group AB Debt-to-Equity Related Terms
Stockholm Nordtech Group AB Debt-to-Equity Historical Data
* 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.
Stockholm Nordtech Group AB Debt-to-Equity Chart
Stockholm Nordtech Group AB Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Debt-to-Equity
0.62
0.45
0.61
0.53
Stockholm Nordtech Group AB Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Debt-to-Equity
0.62
0.45
0.61
0.53
FRA:GD2 vs MSFT, ORCL, PLTR: Debt-to-Equity Comparison
For the Software - Infrastructure subindustry, Stockholm Nordtech 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.
Stockholm Nordtech Group AB Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Stockholm Nordtech Group AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Stockholm Nordtech Group AB's Debt-to-Equity falls into.
* 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.
Stockholm Nordtech Group AB (FRA:GD2) has a Debt-to-Equity of 0.53 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Stockholm Nordtech Group AB and its competitors. This is near median its historical median of 0.57. Over the past decade, Stockholm Nordtech Group AB's Debt-to-Equity has ranged from 0.45 to 0.62. According to the industry distribution chart, Stockholm Nordtech Group AB ranks #1615 out of 2245 companies in the Software industry, placing it in the top 71.9%.
Is Stockholm Nordtech Group AB's Debt-to-Equity too high?
Stockholm Nordtech Group AB's current Debt-to-Equity of 0.53 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.62. The Software industry median Debt-to-Equity is 0.19. Stockholm Nordtech Group AB's value of 0.53 is 178.9% above this industry median. Based on the distribution chart, Stockholm Nordtech Group AB ranks #1615 out of 2245 companies in the Software industry, which is below the industry midpoint. Overall, Stockholm Nordtech Group AB has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Stockholm Nordtech Group AB's Debt-to-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, Stockholm Nordtech Group AB ranks #1615 out of 2245 companies for Debt-to-Equity. This places Stockholm Nordtech Group AB in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Stockholm Nordtech Group AB's value of 0.53 is 178.9% above this benchmark. Historically, Stockholm Nordtech Group AB's own Debt-to-Equity has ranged from 0.45 to 0.62 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.19, Stockholm Nordtech Group AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,245 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Stockholm Nordtech Group AB's current Debt-to-Equity of 0.53 is 178.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Stockholm Nordtech Group AB and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stockholm Nordtech Group AB's current Debt-to-Equity is 0.53, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockholm Nordtech Group AB stock overvalued right now?
Stockholm Nordtech Group AB (FRA:GD2) has a current Debt-to-Equity of 0.53. The current Debt-to-Equity is 0.53, which is near median its 10-year median of 0.57 and 178.9% above the Software industry median of 0.19. Stockholm Nordtech Group AB's overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Stockholm Nordtech Group AB (FRA:GD2), the current Debt-to-Equity is 0.53 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently.
18GF Score
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