EmbeddedArt Group AB (publ) (NGM:EMART) Debt-to-Equity: 0.29 (As of Mar. 2026) — 81% Above Median

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NGM:EMART EmbeddedArt Group AB (publ) NGM:EMART
20 GF Score
Price kr6.62
! 2 Warning Signs
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What is EmbeddedArt Group AB (publ) Debt-to-Equity?

EmbeddedArt Group AB (publ) NGM:EMART +1.07% 20 Debt-to-Equity is 0.29 as of Mar. 2026, which is 81% above its 10-year median of 0.16. GuruFocus rates NGM:EMART with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 2,228 Hardware companies, EmbeddedArt Group AB (publ) ranks worse than 51.08% on this metric.

EmbeddedArt Group AB (publ)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr1.90 Mil. EmbeddedArt Group AB (publ)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr8.22 Mil. EmbeddedArt Group AB (publ)'s Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr34.58 Mil. EmbeddedArt Group AB (publ)'s debt to equity for the quarter that ended in Mar. 2026 was 0.29.

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 EmbeddedArt Group AB (publ)'s Debt-to-Equity or its related term are showing as below:

NGM:EMART' s Debt-to-Equity Range Over the Past 10 Years
Min: -26.22   Med: 0.16   Max: 1.54
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of EmbeddedArt Group AB (publ) was 1.54. The lowest was -26.22. And the median was 0.16.

NGM:EMART's Debt-to-Equity is ranked worse than
51.08% of 2228 companies
in the Hardware industry
Industry Median: 0.27 vs NGM:EMART: 0.29

EmbeddedArt Group AB (publ)  (NGM:EMART) 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.


EmbeddedArt Group AB (publ) Debt-to-Equity Related Terms


EmbeddedArt Group AB (publ) Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for EmbeddedArt Group AB (publ)'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.

EmbeddedArt Group AB (publ) Debt-to-Equity Chart

EmbeddedArt Group AB (publ) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.00 0.28 0.11

EmbeddedArt Group AB (publ) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.24 0.19 0.16 0.11 0.29

NGM:EMART vs COHR, KEYS, GRMN: Debt-to-Equity Comparison

For the Scientific & Technical Instruments subindustry, EmbeddedArt Group AB (publ)'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.


EmbeddedArt Group AB (publ) Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, EmbeddedArt Group AB (publ)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where EmbeddedArt Group AB (publ)'s Debt-to-Equity falls into.


NGM:EMART
20GF Score
EmbeddedArt Group AB (publ) NGM:EMART
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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EmbeddedArt Group AB (publ) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EmbeddedArt Group AB (publ)'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

EmbeddedArt Group AB (publ)'s Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.29 mean?
EmbeddedArt Group AB (publ) (NGM:EMART) has a Debt-to-Equity of 0.29 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on EmbeddedArt Group AB (publ) and its competitors. This is 81% above median its historical median of 0.16. According to the industry distribution chart, EmbeddedArt Group AB (publ) ranks #1138 out of 2228 companies in the Hardware industry, placing it in the top 51.1%.
Is EmbeddedArt Group AB (publ)'s Debt-to-Equity too high?
EmbeddedArt Group AB (publ)'s current Debt-to-Equity of 0.29 is 81% above median its 10-year median of 0.16. The Hardware industry median Debt-to-Equity is 0.27. EmbeddedArt Group AB (publ)'s value of 0.29 is 7.4% above this industry median. Based on the distribution chart, EmbeddedArt Group AB (publ) ranks #1138 out of 2228 companies in the Hardware industry, which is below the industry midpoint. Overall, EmbeddedArt Group AB (publ) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does EmbeddedArt Group AB (publ)'s Debt-to-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, EmbeddedArt Group AB (publ) ranks #1138 out of 2228 companies for Debt-to-Equity. This places EmbeddedArt Group AB (publ) in the lower half of its industry. The industry median Debt-to-Equity is 0.27. EmbeddedArt Group AB (publ)'s value of 0.29 is 7.4% above this benchmark. While the company's 10-year median is 0.16 vs. the industry median of 0.27, EmbeddedArt Group AB (publ) has consistently been above the industry average. 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,228 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. EmbeddedArt Group AB (publ)'s current Debt-to-Equity of 0.29 is 7.4% above the industry median. 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 EmbeddedArt Group AB (publ) and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EmbeddedArt Group AB (publ)'s current Debt-to-Equity is 0.29, which is 81% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EmbeddedArt Group AB (publ) stock overvalued right now?
EmbeddedArt Group AB (publ) (NGM:EMART) has a current Debt-to-Equity of 0.29. The current Debt-to-Equity is 0.29, which is 81% above median its 10-year median of 0.16 and 7.4% above the Hardware industry median of 0.27. EmbeddedArt Group AB (publ)'s overall GF Score™ is 20/100 with 2 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 EmbeddedArt Group AB (publ) (NGM:EMART), the current Debt-to-Equity is 0.29 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.

EmbeddedArt Group AB (publ) Business Description

Address Kungsholmsgatan 8B, Stockholm, SWE, 112 27
EmbeddedArt Group AB (publ) offers security solutions. The company develops, manufactures and sells alarm and surveillance systems. The products are sold under various brands and via the company's resellers, where the customers are mainly boat owners and other private individuals.
20GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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