Sustainable Energy Solutions Sweden Holding AB (NGM:SENS) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Sustainable Energy Solutions Sweden Holding AB Debt-to-Equity?

Sustainable Energy Solutions Sweden Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Sustainable Energy Solutions Sweden Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Sustainable Energy Solutions Sweden Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr-3.15 Mil. Sustainable Energy Solutions Sweden Holding AB's debt to equity for the quarter that ended in Mar. 2024 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 Sustainable Energy Solutions Sweden Holding AB's Debt-to-Equity or its related term are showing as below:

NGM:SENS' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.18 Med: -0.75 Max: 16.4
Current: -6.67

During the past 10 years, the highest Debt-to-Equity Ratio of Sustainable Energy Solutions Sweden Holding AB was 16.40. The lowest was -7.18. And the median was -0.75.

NGM:SENS's Debt-to-Equity is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.795 vs NGM:SENS: -6.67

Sustainable Energy Solutions Sweden Holding AB Debt-to-Equity Historical Data

The historical data trend for Sustainable Energy Solutions Sweden 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.

Sustainable Energy Solutions Sweden Holding AB Debt-to-Equity Chart

Sustainable Energy Solutions Sweden Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.93

-1.18

0.82

3.29

Sustainable Energy Solutions Sweden Holding AB Quarterly Data
	Jun19	Sep19	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															-	-	-	3.29	-

Competitive Comparison of Sustainable Energy Solutions Sweden Holding AB's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Sustainable Energy Solutions Sweden 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.

Sustainable Energy Solutions Sweden Holding AB's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sustainable Energy Solutions Sweden Holding AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sustainable Energy Solutions Sweden Holding AB's Debt-to-Equity falls into.

Sustainable Energy Solutions Sweden Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sustainable Energy Solutions Sweden 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	+	20.971)	/	6.378
	=	3.29

Sustainable Energy Solutions Sweden Holding 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
	=	(0	+	0)	/	-3.146
	=	0.00

Sustainable Energy Solutions Sweden Holding AB (NGM:SENS) 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.

Sustainable Energy Solutions Sweden Holding AB Debt-to-Equity Related Terms

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Sustainable Energy Solutions Sweden Holding AB (NGM:SENS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sustainable Energy Solutions Sweden Holding AB (NGM:SENS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Cardellgatan 1, Stockholm, SWE, 114 36

Website

https://www.sens.se

Sustainable Energy Solutions Sweden Holding AB develops energy systems for resource-efficient energy usage for industries, property owners, energy producers and municipalities. The firm's customers increase their profitability and reduce their climate impact with the help of its innovative comprehensive solutions. It offers energy storage in borehole storage, hydropower, regulation and production as well as energy-efficient distribution and recovery of energy. The company's solutions enable the transition to a fossil-free and CO2-neutral energy supply both locally and nationally, in the Nordic region as well as other parts of the world.