Kvix AB (NGM:KVIX) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:KVIX Kvix AB NGM:KVIX
62 GF Score
Price kr1.69
GF Value kr2.44
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Kvix AB Debt-to-Equity?

Kvix AB NGM:KVIX 62 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates NGM:KVIX with a GF Score™ of 62/100 and a GF Value™ of kr2.44 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,248 Software companies, Kvix AB ranks worse than 44483.94% on this metric.

Kvix AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0.00 Mil. Kvix AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0.00 Mil. Kvix AB's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr2.19 Mil. Kvix AB's debt to equity for the quarter that ended in Mar. 2026 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 Kvix AB's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Kvix AB was 3.15. The lowest was 3.15. And the median was 3.15.

NGM:KVIX's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Kvix AB  (NGM:KVIX) 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.


Kvix AB Debt-to-Equity Related Terms


Kvix AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kvix 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.

Kvix AB Debt-to-Equity Chart

Kvix AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Kvix AB 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 0.00 0.00 0.00 0.00 0.00

NGM:KVIX vs QH, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, Kvix 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.


Kvix AB Debt-to-Equity vs Software Industry

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

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


NGM:KVIX
62GF Score
Kvix AB NGM:KVIX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Kvix AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kvix AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Kvix AB'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 0.00 mean?
Kvix AB (NGM:KVIX) 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 Kvix AB and its competitors. Over the past decade, Kvix AB's Debt-to-Equity has ranged from 3.15 to 3.15. According to the industry distribution chart, Kvix AB ranks #999999 out of 2248 companies in the Software industry.
Is Kvix AB's Debt-to-Equity too high?
Kvix AB's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 3.15. Based on the distribution chart, Kvix AB ranks #999999 out of 2248 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Kvix AB has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kvix AB's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Kvix AB ranks #999999 out of 2248 companies for Debt-to-Equity. This places Kvix AB in the lower half of its industry. The industry median Debt-to-Equity is 0.20. Historically, Kvix AB's own Debt-to-Equity has ranged from 3.15 to 3.15 over the past decade. 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,248 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 Kvix AB and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kvix 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 Kvix AB stock overvalued right now?
Based on GuruFocus' analysis, Kvix AB (NGM:KVIX) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.44, compared to a current price of kr1.69 — trading 30.9% below its estimated fair value. The current Debt-to-Equity is 0.00. Kvix AB's overall GF Score™ is 62/100 with 1 warning sign 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 Kvix AB (NGM:KVIX), 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 Kvix AB (NGM:KVIX) Overvalued in 2026?

Based on GuruFocus' analysis, Kvix AB stock appears to be undervalued. The current stock price of kr1.69 is trading 30.9% below its estimated GF Value™ of kr2.44. GuruFocus considers Kvix AB to be Possible Value Trap.

Key valuation signals for NGM:KVIX:

  • Debt-to-Equity: 0.00
  • GF Value™: kr2.44 vs. price of kr1.69 (30.9% below fair value)
  • GF Score™: 62/100 with 1 warning sign

No single metric tells the full story. See the NGM:KVIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kvix AB Business Description

Address Fredsgatan 17, Umea, SWE, 903 47
Kvix AB is engaged in providing a platform for well-being through exercise - from yoga to strength training, breathing and mindfulness. It assists in finding balance in live workouts with others and monitoring the training journey. It also allows to interact with instructors and get live feedback if the users choose to share their camera image.
62GF Score

Get the complete analysis for NGM:KVIX

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

kr1.69
Price
kr2.44
GF Value