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Terranet AB (FRA:TE5) Debt-to-Equity : 0.70 (As of Sep. 2024)


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What is Terranet AB Debt-to-Equity?

Terranet AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.77 Mil. Terranet AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.57 Mil. Terranet AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €1.91 Mil. Terranet AB's debt to equity for the quarter that ended in Sep. 2024 was 0.70.

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

FRA:TE5' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.38   Med: 0.48   Max: 13.34
Current: 0.7

During the past 9 years, the highest Debt-to-Equity Ratio of Terranet AB was 13.34. The lowest was -3.38. And the median was 0.48.

FRA:TE5's Debt-to-Equity is ranked worse than
78.78% of 2210 companies
in the Software industry
Industry Median: 0.22 vs FRA:TE5: 0.70

Terranet AB Debt-to-Equity Historical Data

The historical data trend for Terranet 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.

Terranet AB Debt-to-Equity Chart

Terranet AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.74 0.19 0.50 0.75 0.66

Terranet AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.32 0.66 0.67 0.35 0.70

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

For the Software - Application subindustry, Terranet 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.


Terranet AB's Debt-to-Equity Distribution in the Software Industry

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

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



Terranet AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Terranet AB's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Terranet AB  (FRA:TE5) 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.


Terranet AB Debt-to-Equity Related Terms

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


Terranet AB Business Description

Traded in Other Exchanges
Address
Mobilvagen 10, Lund, SWE, 223 62
Terranet AB develops software for radio-based solutions and three-dimensional image analysis for advanced driver-assistance systems and autonomous vehicles (ADAS and AV). It is pioneering breakthrough safety technology for the ADAS and AV industries in Lund, Sweden, and its development sites in Kiev, Ukraine, and Stuttgart, Germany.

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