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myFC Holding AB (LTS:0G7N) Debt-to-Equity : 0.05 (As of Mar. 2022)


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What is myFC Holding AB Debt-to-Equity?

myFC Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was kr2.22 Mil. myFC Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was kr0.00 Mil. myFC Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2022 was kr43.25 Mil. myFC Holding AB's debt to equity for the quarter that ended in Mar. 2022 was 0.05.

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

LTS:0G7N's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

myFC Holding AB Debt-to-Equity Historical Data

The historical data trend for myFC Holding 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.

myFC Holding AB Debt-to-Equity Chart

myFC Holding AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.01 - - 0.05

myFC Holding AB Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22
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 0.05 - 0.11 - 0.05

Competitive Comparison of myFC Holding AB's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, myFC Holding 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.


myFC Holding AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, myFC Holding AB's Debt-to-Equity distribution charts can be found below:

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



myFC Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

myFC Holding AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

myFC Holding AB's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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.


myFC Holding AB  (LTS:0G7N) 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.


myFC Holding AB Debt-to-Equity Related Terms

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myFC Holding AB (LTS:0G7N) Business Description

Traded in Other Exchanges
N/A
Address
Saltmatargatan 8A, Stockholm, SWE, SE-11359
myFC Holding AB is a manufacturer of micro fuel cells and chargers for portable consumer electronic devices such as smartphones and tablets. Its developed and patented both fuel cell and fuel technology and control the essential parts of the JAQ product.

myFC Holding AB (LTS:0G7N) Headlines

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