Phase Holographic Imaging PHI AB (FRA:L5W) Debt-to-Equity: 0.00 (As of Oct. 2025)

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What is Phase Holographic Imaging PHI AB Debt-to-Equity?

Phase Holographic Imaging PHI AB FRA:L5W Debt-to-Equity is 0.00 as of Oct. 2025. The stock has 5 warning signs investors should review.

Phase Holographic Imaging PHI AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2025 was €0.00 Mil. Phase Holographic Imaging PHI AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2025 was €0.00 Mil. Phase Holographic Imaging PHI AB's Total Stockholders Equity for the quarter that ended in Oct. 2025 was €2.98 Mil. Phase Holographic Imaging PHI AB's debt to equity for the quarter that ended in Oct. 2025 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 Phase Holographic Imaging PHI AB's Debt-to-Equity or its related term are showing as below:

FRA:L5W' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.21   Max: 6.02
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Phase Holographic Imaging PHI AB was 6.02. The lowest was 0.02. And the median was 0.21.

FRA:L5W's Debt-to-Equity is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.24 vs FRA:L5W: 0.06

Phase Holographic Imaging PHI AB  (FRA:L5W) 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.

Phase Holographic Imaging PHI AB Debt-to-Equity Related Terms

Phase Holographic Imaging PHI AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Phase Holographic Imaging PHI 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.

Phase Holographic Imaging PHI AB Debt-to-Equity Chart

Phase Holographic Imaging PHI AB Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 0.94 6.01 4.11 0.04

Phase Holographic Imaging PHI AB Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 0.00 0.00 0.04 0.00 0.00

FRA:L5W vs ABT, BSX, SYK: Debt-to-Equity Comparison

For the Medical Devices subindustry, Phase Holographic Imaging PHI 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.

Phase Holographic Imaging PHI AB Debt-to-Equity vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Phase Holographic Imaging PHI AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Phase Holographic Imaging PHI AB's Debt-to-Equity falls into.


Phase Holographic Imaging PHI AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phase Holographic Imaging PHI AB's Debt to Equity Ratio for the fiscal year that ended in Apr. 2025 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
=(0 + 0.176) / 4.44
=0.04

Phase Holographic Imaging PHI AB's Debt to Equity Ratio for the quarter that ended in Oct. 2025 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
=(0 + 0) / 2.982
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Phase Holographic Imaging PHI AB (FRA:L5W) has a Debt-to-Equity of 0.00 as of Oct. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Phase Holographic Imaging PHI AB and its competitors. Over the past decade, Phase Holographic Imaging PHI AB's Debt-to-Equity has ranged from 0.02 to 6.02.
Is Phase Holographic Imaging PHI AB's Debt-to-Equity too high?
Phase Holographic Imaging PHI AB's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 6.02.
How does Phase Holographic Imaging PHI AB's Debt-to-Equity compare to ABT and BSX?
Phase Holographic Imaging PHI AB's Debt-to-Equity of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Debt-to-Equity is 0.24. Historically, Phase Holographic Imaging PHI AB's own Debt-to-Equity has ranged from 0.02 to 6.02 over the past decade. 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 Medical Devices & Instruments company?
The median Debt-to-Equity among Medical Devices & Instruments companies is 0.24, based on 699 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. 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 Phase Holographic Imaging PHI AB and its competitors. For the Medical Devices & Instruments industry, the median Debt-to-Equity is 0.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phase Holographic Imaging PHI AB's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phase Holographic Imaging PHI AB stock overvalued right now?
Phase Holographic Imaging PHI AB (FRA:L5W) has a current Debt-to-Equity of 0.00. The stock's GF Value™ is €0.23, compared to a current price of €0.04 — trading 81% below its estimated fair value. The current Debt-to-Equity is 0.00. 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 Phase Holographic Imaging PHI AB (FRA:L5W), the current Debt-to-Equity is 0.00 as of Oct. 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.

Phase Holographic Imaging PHI AB Business Description

Address Skiffervagen 48, Lund, SWE, 224 78
Phase Holographic Imaging PHI AB is a medical device company that develops and markets non-invasive time-lapse imaging instruments used for the quantitative long-term analysis of living cell cultures. The company's commercial HoloMonitor products are based on Quantitative Phase Imaging (QPI) technology, which is used for real-time cell quality evaluation. Geographically, it has presence in Lund, Sweden, with offices in Boston, MA and Winston-Salem, NC.