StrongPoint ASA (LTS:0JEZ) Debt-to-Equity : 0.40 (As of Mar. 2024)

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What is StrongPoint ASA Debt-to-Equity?

StrongPoint ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr112 Mil. StrongPoint ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr80 Mil. StrongPoint ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr477 Mil. StrongPoint ASA's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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

LTS:0JEZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.35 Max: 0.65
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of StrongPoint ASA was 0.65. The lowest was 0.10. And the median was 0.35.

LTS:0JEZ's Debt-to-Equity is ranked worse than
59.31% of 2632 companies
in the Industrial Products industry
Industry Median: 0.29 vs LTS:0JEZ: 0.40

StrongPoint ASA Debt-to-Equity Historical Data

The historical data trend for StrongPoint ASA'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.

StrongPoint ASA Debt-to-Equity Chart

StrongPoint ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.54

0.30

0.12

0.24

0.43

StrongPoint ASA 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															0.28	0.35	0.44	0.43	0.40

Competitive Comparison of StrongPoint ASA's Debt-to-Equity

For the Business Equipment & Supplies subindustry, StrongPoint ASA'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.

StrongPoint ASA's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

StrongPoint ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(116.431	+	88.496)	/	474.852
	=	0.43

StrongPoint ASA's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(112.192	+	80.017)	/	476.876
	=	0.40

StrongPoint ASA (LTS:0JEZ) 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.

StrongPoint ASA Debt-to-Equity Related Terms

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

StrongPoint ASA (LTS:0JEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongPoint ASA (LTS:0JEZ) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PSIo:Sweden STRO:Norway PGT:Germany

Address

Slynga 10, Raelingen, NOR, 2005

Website

https://www.strongpoint.com

StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.

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