Fingerprint Cards AB (LTS:0RGY) Debt-to-Equity : 0.03 (As of Sep. 2024)

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What is Fingerprint Cards AB Debt-to-Equity?

Fingerprint Cards AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr4.6 Mil. Fingerprint Cards AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr3.5 Mil. Fingerprint Cards AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr315.9 Mil. Fingerprint Cards AB's debt to equity for the quarter that ended in Sep. 2024 was 0.03.

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

LTS:0RGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.15 Max: 0.42
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Fingerprint Cards AB was 0.42. The lowest was 0.00. And the median was 0.15.

LTS:0RGY's Debt-to-Equity is ranked better than
89.28% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs LTS:0RGY: 0.03

Fingerprint Cards AB Debt-to-Equity Historical Data

The historical data trend for Fingerprint Cards 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.

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Fingerprint Cards AB Debt-to-Equity Chart

Fingerprint Cards AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.31

0.37

0.16

Fingerprint Cards 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															0.18	0.16	0.15	0.15	0.03

Competitive Comparison of Fingerprint Cards AB's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Fingerprint Cards 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.

Fingerprint Cards AB's Debt-to-Equity Distribution in the Hardware Industry

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

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

Fingerprint Cards AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fingerprint Cards AB'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
	=	(28.1	+	79.4)	/	691.6
	=	0.16

Fingerprint Cards AB's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(4.6	+	3.5)	/	315.9
	=	0.03

Fingerprint Cards AB (LTS:0RGY) 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.

Fingerprint Cards AB Debt-to-Equity Related Terms

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Fingerprint Cards AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fingerprint Cards AB (LTS:0RGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FGRRF:USA FING B:Sweden FPQ1:Germany

Address

P.O. Box 2412, Gothenburg, SWE, SE-403 16

Website

https://www.fingerprints.com

Fingerprint Cards AB is a Sweden-based company that is principally engaged in offering a broad range of biometric solutions. The company's products include fingerprint touch sensors, fingerprint swipe sensors, fingerprint area sensors, biometric modules, development kits, solutions, and others. The company targets the smartphone/tablet market and vertical markets where it can integrate its products; smartcards, the automotive industry, and the Internet of Things are prioritized markets. The company has a patent portfolio with global protection. The company markets and sells its products worldwide.

Fingerprint Cards AB Headlines

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