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Nexteq (FRA:R87) Debt-to-Equity : 0.02 (As of Jun. 2024)


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What is Nexteq Debt-to-Equity?

Nexteq's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.61 Mil. Nexteq's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1.27 Mil. Nexteq's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €78.64 Mil. Nexteq's debt to equity for the quarter that ended in Jun. 2024 was 0.02.

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

FRA:R87' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.46
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Nexteq was 0.46. The lowest was 0.02. And the median was 0.04.

FRA:R87's Debt-to-Equity is ranked better than
94.04% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs FRA:R87: 0.02

Nexteq Debt-to-Equity Historical Data

The historical data trend for Nexteq'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.

Nexteq Debt-to-Equity Chart

Nexteq Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.04 0.03 0.03

Nexteq Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.03 0.03 0.03 0.03 0.02

Competitive Comparison of Nexteq's Debt-to-Equity

For the Computer Hardware subindustry, Nexteq'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.


Nexteq's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nexteq's Debt-to-Equity distribution charts can be found below:

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



Nexteq Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nexteq's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Nexteq's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Nexteq  (FRA:R87) 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.


Nexteq Debt-to-Equity Related Terms

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


Nexteq Business Description

Comparable Companies
Traded in Other Exchanges
Address
100 High Street, Aisle Barn, Balsham, Cambridge, GBR, CB21 4EP
Nexteq PLC is a technology partner to industrial equipment manufacturers. The group's specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate. Quixant is focused on the casino gaming and slot machine markets, designing, developing, and manufacturing gaming platforms and display solutions. Densitron produces a wide range of human-machine interface hardware for industrial markets, with key focus areas being the broadcast and medical sectors. The company dervives maximum revenue from Quixant.

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