Rentunder Holding AB (NGM:RENT) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Rentunder Holding AB Debt-to-Equity?

Rentunder Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil. Rentunder Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil. Rentunder Holding AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr1.94 Mil. Rentunder Holding AB's debt to equity for the quarter that ended in Dec. 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 Rentunder Holding AB's Debt-to-Equity or its related term are showing as below:

NGM:RENT's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Rentunder Holding AB Debt-to-Equity Historical Data

The historical data trend for Rentunder Holding 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.

Rentunder Holding AB Debt-to-Equity Chart

Rentunder Holding AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

Rentunder Holding AB Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Rentunder Holding AB's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Rentunder Holding 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.

Rentunder Holding AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's Debt-to-Equity distribution charts can be found below:

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

Rentunder Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rentunder Holding 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)	/	1.939
	=	0.00

Rentunder Holding AB's Debt to Equity Ratio for the quarter 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)	/	1.939
	=	0.00

Rentunder Holding AB (NGM:RENT) 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.

Rentunder Holding AB Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rentunder Holding AB's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Rentunder Holding AB (NGM:RENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rentunder Holding AB (NGM:RENT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gammelbygatan 18, Osthammar, SWE, 742 34

Website

http://www.driveinboatwash.com

Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.