Hubbster Group (NGM:HUBS) Debt-to-Equity : 0.35 (As of Sep. 2023)

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What is Hubbster Group Debt-to-Equity?

Hubbster Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr3.63 Mil. Hubbster Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr2.11 Mil. Hubbster Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr16.45 Mil. Hubbster Group's debt to equity for the quarter that ended in Sep. 2023 was 0.35.

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

NGM:HUBS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.34 Max: 0.43
Current: 0.35

During the past 2 years, the highest Debt-to-Equity Ratio of Hubbster Group was 0.43. The lowest was 0.19. And the median was 0.34.

NGM:HUBS's Debt-to-Equity is ranked worse than
62.08% of 2223 companies
in the Software industry
Industry Median: 0.21 vs NGM:HUBS: 0.35

Hubbster Group Debt-to-Equity Historical Data

The historical data trend for Hubbster Group'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.

Hubbster Group Debt-to-Equity Chart

Hubbster Group Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.32

Hubbster Group Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						0.43	0.32	0.35	0.37	0.35

Competitive Comparison of Hubbster Group's Debt-to-Equity

For the Software - Application subindustry, Hubbster Group'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.

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

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

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

Hubbster Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hubbster Group'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
	=	(4.125	+	3.047)	/	22.22
	=	0.32

Hubbster Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3.632	+	2.111)	/	16.452
	=	0.35

Hubbster Group (NGM:HUBS) 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.

Hubbster Group Debt-to-Equity Related Terms

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Hubbster Group (NGM:HUBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hubbster Group (NGM:HUBS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vastra Jarnvagsgatan 3, Stockholm, SWE, 111 64

Website

https://www.hubbster.com

Hubbster Group is a developer of a digital management platform intended to combine employee engagement with company goals. The company's platform offers HR, business, and sales consultancy programs for employees which offers motivational research, behavioral psychology, and effective business development, enabling businesses to improve their strategy.