SameSystem A/S (OCSE:SAME) Debt-to-Equity : 0.28 (As of Sep. 2023)

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What is SameSystem A/S Debt-to-Equity?

SameSystem A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr2.03 Mil. SameSystem A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr4.01 Mil. SameSystem A/S's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr21.73 Mil. SameSystem A/S's debt to equity for the quarter that ended in Sep. 2023 was 0.28.

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 SameSystem A/S's Debt-to-Equity or its related term are showing as below:

OCSE:SAME' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.24 Max: 0.32
Current: 0.28

During the past 5 years, the highest Debt-to-Equity Ratio of SameSystem A/S was 0.32. The lowest was 0.20. And the median was 0.24.

OCSE:SAME's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs OCSE:SAME: 0.28

SameSystem A/S Debt-to-Equity Historical Data

The historical data trend for SameSystem A/S'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.

SameSystem A/S Debt-to-Equity Chart

SameSystem A/S Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.32

0.20

0.21

0.24

0.28

SameSystem A/S Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									0.24	0.28	0.29	0.27	0.28

Competitive Comparison of SameSystem A/S's Debt-to-Equity

For the Software - Application subindustry, SameSystem A/S'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.

SameSystem A/S's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, SameSystem A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SameSystem A/S's Debt-to-Equity falls into.

SameSystem A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SameSystem A/S's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.026	+	4.006)	/	21.734
	=	0.28

SameSystem A/S's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.026	+	4.006)	/	21.734
	=	0.28

SameSystem A/S (OCSE:SAME) 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.

SameSystem A/S Debt-to-Equity Related Terms

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SameSystem A/S (OCSE:SAME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SameSystem A/S (OCSE:SAME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6EK0:Germany

Address

Rentemestervej 2A, Nordvest, Copenhagen, DNK, 2400

Website

https://www.samesystem.com

SameSystem A/S is a software-as-a-service company that provides an online workforce management solution focusing on retailers and food service providers. The SaaS solution platform unites various workforce and workflow processes in a fully compliant fashion with local or specific regulatory requirements helping managers to do perfect planning and solve administrative tasks easily and efficiently. Geographically, the company generates majority of its revenue from Denmark.

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