SmartCraft ASA (OSL:SMCRT) Debt-to-Equity : 0.04 (As of Dec. 2024)

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What is SmartCraft ASA Debt-to-Equity?

SmartCraft ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr12.9 Mil. SmartCraft ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr23.3 Mil. SmartCraft ASA's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr921.3 Mil. SmartCraft ASA's debt to equity for the quarter that ended in Dec. 2024 was 0.04.

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 SmartCraft ASA's Debt-to-Equity or its related term are showing as below:

OSL:SMCRT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.18
Current: 0.04

During the past 7 years, the highest Debt-to-Equity Ratio of SmartCraft ASA was 0.18. The lowest was 0.02. And the median was 0.04.

OSL:SMCRT's Debt-to-Equity is ranked better than
81.76% of 2209 companies
in the Software industry
Industry Median: 0.2 vs OSL:SMCRT: 0.04

SmartCraft ASA Debt-to-Equity Historical Data

The historical data trend for SmartCraft ASA'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.

SmartCraft ASA Debt-to-Equity Chart

SmartCraft ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.05

0.02

0.03

0.04

SmartCraft ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.04	0.03	0.03	0.04

Competitive Comparison of SmartCraft ASA's Debt-to-Equity

For the Software - Application subindustry, SmartCraft ASA'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.

SmartCraft ASA's Debt-to-Equity Distribution in the Software Industry

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

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

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SmartCraft ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SmartCraft ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(12.886	+	23.281)	/	921.334
	=	0.04

SmartCraft ASA's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(12.886	+	23.281)	/	921.334
	=	0.04

SmartCraft ASA (OSL:SMCRT) 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.

SmartCraft ASA Debt-to-Equity Related Terms

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

SmartCraft ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SmartCraft ASA (OSL:SMCRT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SMCRTo:Sweden 9YK:Germany

Address

Strandgata 3, Honefoss, NOR, 3513

Website

https://www.smartcraft.com

SmartCraft ASA is a software company that provides modern SaaS solutions to help craftsmen and construction companies become more efficient and profitable. Geographically, it operates in Norway, Sweden, Finland, and UK.

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