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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.
FRA:S2Q'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.5 Max: 2.85
Current: 2.85
During the past 9 years, the highest Debt-to-Equity Ratio of Danish Aerospace and Defence Co AS was 2.85. The lowest was 0.01. And the median was 0.50.
FRA:S2Q's Debt-to-Equity is ranked worse than 94.64% of 317
companies
in the Aerospace & Defense industry
Industry Median: 0.3
vs FRA:S2Q: 2.85
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.
Danish Aerospace and Defence Co AS Debt-to-Equity Related Terms
Danish Aerospace and Defence Co AS 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.
Danish Aerospace and Defence Co AS Debt-to-Equity Chart
FRA:S2Q vs SPCX, GE, RTX: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Danish Aerospace and Defence Co AS'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.
Danish Aerospace and Defence Co AS Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Danish Aerospace and Defence Co AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Danish Aerospace and Defence Co AS'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.
Danish Aerospace and Defence Co AS (FRA:S2Q) has a Debt-to-Equity of 2.85 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Danish Aerospace and Defence Co AS and its competitors. This is 470% above median its historical median of 0.50. Over the past decade, Danish Aerospace and Defence Co AS's Debt-to-Equity has ranged from 0.01 to 2.85. According to the industry distribution chart, Danish Aerospace and Defence Co AS ranks #300 out of 317 companies in the Aerospace & Defense industry, placing it in the top 94.6%.
Is Danish Aerospace and Defence Co AS's Debt-to-Equity too high?
Danish Aerospace and Defence Co AS's current Debt-to-Equity of 2.85 is 470% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.85. The Aerospace & Defense industry median Debt-to-Equity is 0.30. Danish Aerospace and Defence Co AS's value of 2.85 is 850% above this industry median. Based on the distribution chart, Danish Aerospace and Defence Co AS ranks #300 out of 317 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Danish Aerospace and Defence Co AS has a GF Score™ of 27/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Danish Aerospace and Defence Co AS's Debt-to-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Danish Aerospace and Defence Co AS ranks #300 out of 317 companies for Debt-to-Equity. This places Danish Aerospace and Defence Co AS in the lower half of its industry. The industry median Debt-to-Equity is 0.30. Danish Aerospace and Defence Co AS's value of 2.85 is 850% above this benchmark. Historically, Danish Aerospace and Defence Co AS's own Debt-to-Equity has ranged from 0.01 to 2.85 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.30, Danish Aerospace and Defence Co AS 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 an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.30, based on 317 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. Danish Aerospace and Defence Co AS's current Debt-to-Equity of 2.85 is 850% 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 Danish Aerospace and Defence Co AS and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danish Aerospace and Defence Co AS's current Debt-to-Equity is 2.85, which is 470% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danish Aerospace and Defence Co AS stock overvalued right now?
Based on GuruFocus' analysis, Danish Aerospace and Defence Co AS (FRA:S2Q) is currently considered Fairly Valued. The stock's GF Value™ is €0.37, compared to a current price of €0.34 — trading 8.4% below its estimated fair value. The current Debt-to-Equity is 2.85, which is 470% above median its 10-year median of 0.50 and 850% above the Aerospace & Defense industry median of 0.30. Danish Aerospace and Defence Co AS's overall GF Score™ is 27/100 with 7 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 Danish Aerospace and Defence Co AS (FRA:S2Q), the current Debt-to-Equity is 2.85 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.
Is Danish Aerospace and Defence Co AS (FRA:S2Q) Overvalued in 2026?
Based on GuruFocus' analysis, Danish Aerospace and Defence Co AS stock appears to be undervalued.
The current stock price of €0.34 is trading 8.4% below its estimated GF Value™ of €0.37.
GuruFocus considers Danish Aerospace and Defence Co AS to be Fairly Valued.
Key valuation signals for FRA:S2Q:
Debt-to-Equity: 2.85 (470% above median its 10-year median of 0.50)
GF Value™: €0.37 vs. price of €0.34 (8.4% below fair value)
Industry Position: 850% above the Aerospace & Defense median (#300 of 317)
No single metric tells the full story. See the FRA:S2Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Danish Aerospace and Defence Co AS develops medical instrumentation and other engineering fields within space applications. Its activities include the research, development, integration, and application of medical technologies designed for operation and reliability in space environments. The company also provides products and services derived from space research and operational experience for terrestrial applications.
27GF Score
Get the complete analysis for FRA:S2Q
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