Ennogie Solar Group AS (OCSE:ESG) Debt-to-Equity: 1.06 (As of Mar. 2026) — 74% Above Median

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OCSE:ESG Ennogie Solar Group AS OCSE:ESG
31 GF Score
Price kr1.85
GF Value kr6.38
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ennogie Solar Group AS Debt-to-Equity?

Ennogie Solar Group AS OCSE:ESG +12.80% 31 Debt-to-Equity is 1.06 as of Mar. 2026, which is 74% above its 10-year median of 0.61. GuruFocus rates OCSE:ESG with a GF Score™ of 31/100 and a GF Value™ of kr6.38 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 907 Semiconductors companies, Ennogie Solar Group AS ranks worse than 86.22% on this metric.

Ennogie Solar Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr8.63 Mil. Ennogie Solar Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr7.17 Mil. Ennogie Solar Group AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr14.89 Mil. Ennogie Solar Group AS's debt to equity for the quarter that ended in Mar. 2026 was 1.06.

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 Ennogie Solar Group AS's Debt-to-Equity or its related term are showing as below:

OCSE:ESG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.61   Max: 5.93
Current: 1.06

During the past 13 years, the highest Debt-to-Equity Ratio of Ennogie Solar Group AS was 5.93. The lowest was 0.00. And the median was 0.61.

OCSE:ESG's Debt-to-Equity is ranked worse than
86.22% of 907 companies
in the Semiconductors industry
Industry Median: 0.26 vs OCSE:ESG: 1.06

Ennogie Solar Group AS  (OCSE:ESG) 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.


Ennogie Solar Group AS Debt-to-Equity Related Terms


Ennogie Solar Group AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ennogie Solar Group AS'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.

Ennogie Solar Group AS Debt-to-Equity Chart

Ennogie Solar Group AS 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 0.49 1.97 0.74 1.13 0.87

Ennogie Solar Group AS 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 2.20 3.84 5.93 0.87 1.06

OCSE:ESG vs FSLR, NXT, ENPH: Debt-to-Equity Comparison

For the Solar subindustry, Ennogie Solar Group AS'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.


Ennogie Solar Group AS Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ennogie Solar Group AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ennogie Solar Group AS's Debt-to-Equity falls into.


OCSE:ESG
31GF Score
Ennogie Solar Group AS OCSE:ESG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ennogie Solar Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ennogie Solar Group AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ennogie Solar Group AS'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 1.06 mean?
Ennogie Solar Group AS (OCSE:ESG) has a Debt-to-Equity of 1.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ennogie Solar Group AS and its competitors. This is 74% above median its historical median of 0.61. According to the industry distribution chart, Ennogie Solar Group AS ranks #782 out of 907 companies in the Semiconductors industry, placing it in the top 86.2%.
Is Ennogie Solar Group AS's Debt-to-Equity too high?
Ennogie Solar Group AS's current Debt-to-Equity of 1.06 is 74% above median its 10-year median of 0.61. The Semiconductors industry median Debt-to-Equity is 0.26. Ennogie Solar Group AS's value of 1.06 is 307.7% above this industry median. Based on the distribution chart, Ennogie Solar Group AS ranks #782 out of 907 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Ennogie Solar Group AS has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ennogie Solar Group AS's Debt-to-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Ennogie Solar Group AS ranks #782 out of 907 companies for Debt-to-Equity. This places Ennogie Solar Group AS in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Ennogie Solar Group AS's value of 1.06 is 307.7% above this benchmark. While the company's 10-year median is 0.61 vs. the industry median of 0.26, Ennogie Solar Group AS has consistently been above the industry average. 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 907 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. Ennogie Solar Group AS's current Debt-to-Equity of 1.06 is 307.7% above the industry median. 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 Ennogie Solar Group AS and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ennogie Solar Group AS's current Debt-to-Equity is 1.06, which is 74% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ennogie Solar Group AS stock overvalued right now?
Based on GuruFocus' analysis, Ennogie Solar Group AS (OCSE:ESG) is currently considered Possible Value Trap. The stock's GF Value™ is kr6.38, compared to a current price of kr1.85 — trading 71% below its estimated fair value. The current Debt-to-Equity is 1.06, which is 74% above median its 10-year median of 0.61 and 307.7% above the Semiconductors industry median of 0.26. Ennogie Solar Group AS's overall GF Score™ is 31/100 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 Ennogie Solar Group AS (OCSE:ESG), the current Debt-to-Equity is 1.06 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 Ennogie Solar Group AS (OCSE:ESG) Overvalued in 2026?

Based on GuruFocus' analysis, Ennogie Solar Group AS stock appears to be undervalued. The current stock price of kr1.85 is trading 71% below its estimated GF Value™ of kr6.38. GuruFocus considers Ennogie Solar Group AS to be Possible Value Trap.

Key valuation signals for OCSE:ESG:

  • Debt-to-Equity: 1.06 (74% above median its 10-year median of 0.61)
  • GF Value™: kr6.38 vs. price of kr1.85 (71% below fair value)
  • GF Score™: 31/100 with 5 warning signs
  • Industry Position: 307.7% above the Semiconductors median (#782 of 907)

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


Ennogie Solar Group AS Business Description

Other Exchanges B0W:Germany
Address Orebygardvej 16, Herning, DNK, 7400
Ennogie Solar Group AS is a developer and manufacturer of building-integrated solar roofs. The design of the Ennogie solar roof matches well both for new constructions and older buildings.
31GF Score

Get the complete analysis for OCSE:ESG

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

kr1.85
Price
kr6.38
GF Value