Sarsys AB (NGM:SARS) Debt-to-Equity: -1.90 (As of Dec. 2025)

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:SARS Sarsys AB NGM:SARS
34 GF Score
Price kr0.60
GF Value kr0.58
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Sarsys AB Debt-to-Equity?

Sarsys AB NGM:SARS +20.00% 34 Debt-to-Equity is -1.90 as of Dec. 2025. GuruFocus rates NGM:SARS with a GF Score™ of 34/100 and a GF Value™ of kr0.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,217 Hardware companies, Sarsys AB ranks worse than 45105.95% on this metric.

Sarsys AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr5.72 Mil. Sarsys AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr4.87 Mil. Sarsys AB's Total Stockholders Equity for the quarter that ended in Dec. 2025 was kr-5.58 Mil. Sarsys AB's debt to equity for the quarter that ended in Dec. 2025 was -1.90.

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

NGM:SARS' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.21   Med: 0.68   Max: 2.19
Current: -1.9

During the past 13 years, the highest Debt-to-Equity Ratio of Sarsys AB was 2.19. The lowest was -2.21. And the median was 0.68.

NGM:SARS's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.27 vs NGM:SARS: -1.90

Sarsys AB  (NGM:SARS) 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.


Sarsys AB Debt-to-Equity Related Terms


Sarsys AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sarsys 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.

Sarsys AB Debt-to-Equity Chart

Sarsys AB 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 0.68 1.71 2.19 -2.21 -1.90

Sarsys AB Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.19 0.00 -2.21 0.00 -1.90

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

For the Scientific & Technical Instruments subindustry, Sarsys 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.


Sarsys AB Debt-to-Equity vs Hardware Industry

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

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


NGM:SARS
34GF Score
Sarsys AB NGM:SARS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sarsys AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sarsys AB's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 -1.90 mean?
Sarsys AB (NGM:SARS) has a Debt-to-Equity of -1.90 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sarsys AB and its competitors. According to the industry distribution chart, Sarsys AB ranks #999999 out of 2217 companies in the Hardware industry.
Is Sarsys AB's Debt-to-Equity too high?
Sarsys AB's current Debt-to-Equity is -1.90. Based on the distribution chart, Sarsys AB ranks #999999 out of 2217 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Sarsys AB has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sarsys AB's Debt-to-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Sarsys AB ranks #999999 out of 2217 companies for Debt-to-Equity. This places Sarsys AB in the lower half of its industry. The industry median Debt-to-Equity is 0.27. 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 2,217 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 Sarsys AB 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. Sarsys AB's current Debt-to-Equity is -1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarsys AB stock overvalued right now?
Based on GuruFocus' analysis, Sarsys AB (NGM:SARS) is currently considered Fairly Valued. The stock's GF Value™ is kr0.58, compared to a current price of kr0.60 — trading 3.4% above its estimated fair value. The current Debt-to-Equity is -1.90. Sarsys AB's overall GF Score™ is 34/100 with 5 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 Sarsys AB (NGM:SARS), the current Debt-to-Equity is -1.90 as of Dec. 2025. 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 Sarsys AB (NGM:SARS) Overvalued in 2026?

Based on GuruFocus' analysis, Sarsys AB stock appears to be overvalued. The current stock price of kr0.60 is trading 3.4% above its estimated GF Value™ of kr0.58. GuruFocus considers Sarsys AB to be Fairly Valued.

Key valuation signals for NGM:SARS:

  • Debt-to-Equity: -1.90
  • GF Value™: kr0.58 vs. price of kr0.60 (3.4% above fair value)
  • GF Score™: 34/100 with 5 warning signs

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


Sarsys AB Business Description

Address Piledalsvagen 51, Box 31, Kopingebro, SWE, 271 73
Sarsys AB formerly SARSYS-ASFT AB is a developer and manufacturer of Continuous Friction Measuring Equipment and provider of cutting-edge ITS and Road/Runway Weather Information System. ASTF products include Volvo XC60/V90 Friction Tester, VW Sharan Friction, Skoda Octavia Friction, T-5 Trailer Friction, and T2GO Friction Tester. SARSYS products include Sarsys Volvo Friction Tester (V90), Sarsys Opel Friction, Sarsys Friction Tester Transporter, and Sarsys Trailer Friction Tester. The products include computerized technology for monitoring factors such as friction, freezing points, early ice warning-systems, precipitation, groundfrost, ice deposit growth, camera-surveillance systems among others.
34GF Score

Get the complete analysis for NGM:SARS

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

kr0.60
Price
kr0.58
GF Value