Qbrick AB (NGM:QBRICK) Debt-to-Equity : 0.08 (As of Mar. 2024)

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What is Qbrick AB Debt-to-Equity?

Qbrick AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2.40 Mil. Qbrick AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Qbrick AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr30.07 Mil. Qbrick AB's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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

NGM:QBRICK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.09 Max: 0.12
Current: 0.08

During the past 5 years, the highest Debt-to-Equity Ratio of Qbrick AB was 0.12. The lowest was 0.04. And the median was 0.09.

NGM:QBRICK's Debt-to-Equity is ranked better than
69.52% of 2205 companies
in the Software industry
Industry Median: 0.2 vs NGM:QBRICK: 0.08

Qbrick AB Debt-to-Equity Historical Data

The historical data trend for Qbrick 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.

Qbrick AB Debt-to-Equity Chart

Qbrick AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.12

Qbrick AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													0.09	0.09	0.11	-	0.08

Competitive Comparison of Qbrick AB's Debt-to-Equity

For the Software - Infrastructure subindustry, Qbrick 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.

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

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

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

Qbrick AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qbrick AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 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)	/	33.27
	=	0.00

Qbrick AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(2.399	+	0)	/	30.073
	=	0.08

Qbrick AB (NGM:QBRICK) 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.

Qbrick AB Debt-to-Equity Related Terms

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Qbrick AB (NGM:QBRICK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Qbrick AB (NGM:QBRICK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Farogatan 33, Kista, SWE, 164 51

Website

https://www.qbrick.com

Qbrick AB is a Swedish company that provides systems for secure streaming media, including streaming of video, audio, and applications over the Internet. It delivers a cloud-based technology platform with which companies and organizations can film, edit, process, store, and distribute live video and pre-recorded videos. It enables companies and organizations to create and manage videos to engage staff, consumers, and customers in a modern way through customer-specific videos such as interactive video shopping.

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