Relesys AS (OCSE:RELE) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is Relesys AS Debt-to-Equity?

Relesys AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.07 Mil. Relesys AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4.53 Mil. Relesys AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr13.99 Mil. Relesys AS's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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

OCSE:RELE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.33 Max: 2.43
Current: 0.33

During the past 5 years, the highest Debt-to-Equity Ratio of Relesys AS was 2.43. The lowest was 0.08. And the median was 0.33.

OCSE:RELE's Debt-to-Equity is ranked worse than
60.52% of 2219 companies
in the Software industry
Industry Median: 0.21 vs OCSE:RELE: 0.33

Relesys AS Debt-to-Equity Historical Data

The historical data trend for Relesys 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.

* Premium members only.

Relesys AS Debt-to-Equity Chart

Relesys AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.43

1.88

0.08

0.16

0.33

Relesys AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					N/A	0.16	0.27	0.26	0.33

Competitive Comparison of Relesys AS's Debt-to-Equity

For the Software - Application subindustry, Relesys 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.

Relesys AS's Debt-to-Equity Distribution in the Software Industry

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

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

Relesys AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Relesys AS'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
	=	(0.073	+	4.53)	/	13.993
	=	0.33

Relesys AS'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
	=	(0.073	+	4.53)	/	13.993
	=	0.33

Relesys AS (OCSE:RELE) 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.

Relesys AS Debt-to-Equity Related Terms

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

Relesys AS (OCSE:RELE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Relesys AS (OCSE:RELE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NA0:Germany

Address

Orient Plads 1, 1 Floor, Nordhavn, DNK, 2150

Website

https://www.relesys.net

Relesys AS is a software company delivering customized communication and performance Platforms. Its software engages and develops employee's personal growth and aspires them to achieve more. The app makes it possible to make data-driven decisions and implement strategies to increase the overall productivity of any company.

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