Avsalt Group AB (NGM:AVSALT) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is Avsalt Group AB Debt-to-Equity?

Avsalt Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr0.00 Mil. Avsalt Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr0.00 Mil. Avsalt Group AB's Total Stockholders Equity for the quarter that ended in Jun. 2023 was kr5.78 Mil. Avsalt Group AB's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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

NGM:AVSALT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.98 Max: 22.89
Current: 0.74

During the past 4 years, the highest Debt-to-Equity Ratio of Avsalt Group AB was 22.89. The lowest was 0.06. And the median was 0.98.

NGM:AVSALT's Debt-to-Equity is ranked worse than
80.45% of 2205 companies
in the Software industry
Industry Median: 0.2 vs NGM:AVSALT: 0.74

Avsalt Group AB Debt-to-Equity Historical Data

The historical data trend for Avsalt Group 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.

Avsalt Group AB Debt-to-Equity Chart

Avsalt Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.06

Avsalt Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial										2.50	22.89	-	0.49	-

Competitive Comparison of Avsalt Group AB's Debt-to-Equity

For the Software - Application subindustry, Avsalt Group 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.

Avsalt Group AB's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Avsalt Group AB's Debt-to-Equity distribution charts can be found below:

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

Avsalt Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avsalt Group AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0	+	0)	/	11.683
	=	0.00

Avsalt Group AB's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	0)	/	5.776
	=	0.00

Avsalt Group AB (NGM:AVSALT) 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.

Avsalt Group AB Debt-to-Equity Related Terms

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Avsalt Group AB (NGM:AVSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avsalt Group AB (NGM:AVSALT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsportsavenyen 21, Gothenburg, SWE, 411 36

Website

https://www.zesec.com

Zesec of Sweden is an internet of things company that offers key-free access for physical passage. It is a SaaS platform that sits on top of all existing door access systems and can open doors for everyone. It make easy to share keys and unlock doors with smartphone.

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