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HMS Networks AB (HMS Networks AB) Debt-to-Equity : 0.14 (As of Mar. 2024)


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What is HMS Networks AB Debt-to-Equity?

HMS Networks AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.2 Mil. HMS Networks AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $22.0 Mil. HMS Networks AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $197.6 Mil. HMS Networks AB's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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

HMNKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.25   Max: 0.78
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of HMS Networks AB was 0.78. The lowest was 0.01. And the median was 0.25.

HMNKF's Debt-to-Equity is ranked better than
68.11% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs HMNKF: 0.14

HMS Networks AB Debt-to-Equity Historical Data

The historical data trend for HMS Networks 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.

HMS Networks AB Debt-to-Equity Chart

HMS Networks AB 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 0.44 0.23 0.07 0.19 0.14

HMS Networks AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.26 0.22 0.14 0.14

Competitive Comparison of HMS Networks AB's Debt-to-Equity

For the Communication Equipment subindustry, HMS Networks 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.


HMS Networks AB's Debt-to-Equity Distribution in the Hardware Industry

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

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



HMS Networks AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

HMS Networks AB's Debt to Equity Ratio for the quarter that ended in Mar. 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.


HMS Networks AB  (OTCPK:HMNKF) 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.


HMS Networks AB Debt-to-Equity Related Terms

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HMS Networks AB (HMS Networks AB) Business Description

Traded in Other Exchanges
Address
Stationsgatan 37, Box 4126, Halmstad, SWE, SE-300 04
HMS Networks AB is a supplier of proprietary, patented technology for intelligent industrial communication. It develops and manufactures solutions for connecting industrial products to networks and gateways, thus enabling interconnection between various networks. The group sells products in various countries including Germany. It generates majority of its revenue from USA, Japan, France, China, Sweden, Italy, and other countries. The brands of the company are Anybus, Ewon, Intesis and Ixxat.

HMS Networks AB (HMS Networks AB) Headlines

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