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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 Adverty AB's Debt-to-Equity or its related term are showing as below:
NGM:ADVT'
s Debt-to-Equity Range Over the Past 10 Years
Min: -5.5 Med: 0.11 Max: 11.58
Current: 2.99
During the past 9 years, the highest Debt-to-Equity Ratio of Adverty AB was 11.58. The lowest was -5.50. And the median was 0.11.
NGM:ADVT's Debt-to-Equity is ranked worse than 92.34% of 835
companies
in the Media - Diversified industry
Industry Median: 0.26
vs NGM:ADVT: 2.99
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.
Adverty AB Debt-to-Equity Related Terms
Adverty AB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Adverty 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.
NGM:ADVT vs APP, OMC, TTD: Debt-to-Equity Comparison
For the Advertising Agencies subindustry, Adverty 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.
Adverty AB Debt-to-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Adverty AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Adverty AB's Debt-to-Equity falls into.
* 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.
Adverty AB (NGM:ADVT) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Adverty AB and its competitors. According to the industry distribution chart, Adverty AB ranks #771 out of 835 companies in the Media - Diversified industry, placing it in the top 92.3%.
Is Adverty AB's Debt-to-Equity too high?
Adverty AB's current Debt-to-Equity is 0.00. Based on the distribution chart, Adverty AB ranks #771 out of 835 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Adverty AB has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adverty AB's Debt-to-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Adverty AB ranks #771 out of 835 companies for Debt-to-Equity. This places Adverty AB in the lower half of its industry. The industry median Debt-to-Equity is 0.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.26, based on 835 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Adverty AB and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adverty AB's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adverty AB stock overvalued right now?
Based on GuruFocus' analysis, Adverty AB (NGM:ADVT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.09, compared to a current price of kr0.15 — trading 71.1% above its estimated fair value. The current Debt-to-Equity is 0.00. Adverty AB's overall GF Score™ is 39/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Adverty AB (NGM:ADVT), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Adverty AB (NGM:ADVT) Overvalued in 2026?
Based on GuruFocus' analysis, Adverty AB stock appears to be overvalued.
The current stock price of kr0.15 is trading 71.1% above its estimated GF Value™ of kr0.09.
GuruFocus considers Adverty AB to be Significantly Overvalued.
Key valuation signals for NGM:ADVT:
Debt-to-Equity: 0.00
GF Value™: kr0.09 vs. price of kr0.15 (71.1% above fair value)
No single metric tells the full story. See the NGM:ADVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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