CodeMill AB (OSTO:CDMIL) Debt-to-Equity: 0.01 (As of Mar. 2026) — 93% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:CDMIL CodeMill AB OSTO:CDMIL
73 GF Score
Price kr13.70
GF Value kr13.27
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is CodeMill AB Debt-to-Equity?

CodeMill AB OSTO:CDMIL -1.08% 73 Debt-to-Equity is 0.01 as of Mar. 2026, which is 93% below its 10-year median of 0.14. GuruFocus rates OSTO:CDMIL with a GF Score™ of 73/100 and a GF Value™ of kr13.27 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,243 Software companies, CodeMill AB ranks better than 99.96% on this metric.

CodeMill AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0.26 Mil. CodeMill AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0.00 Mil. CodeMill AB's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr51.33 Mil. CodeMill AB's debt to equity for the quarter that ended in Mar. 2026 was 0.01.

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 CodeMill AB's Debt-to-Equity or its related term are showing as below:

OSTO:CDMIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.14   Max: 0.46
Current: 0.01

During the past 7 years, the highest Debt-to-Equity Ratio of CodeMill AB was 0.46. The lowest was 0.01. And the median was 0.14.

OSTO:CDMIL's Debt-to-Equity is ranked better than
99.96% of 2243 companies
in the Software industry
Industry Median: 0.2 vs OSTO:CDMIL: 0.01

CodeMill AB  (OSTO:CDMIL) 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.


CodeMill AB Debt-to-Equity Related Terms


CodeMill AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CodeMill 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.

CodeMill AB Debt-to-Equity Chart

CodeMill AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.15 0.14 0.11 0.04 0.02

CodeMill AB 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 0.03 0.03 0.02 0.02 0.01

OSTO:CDMIL vs QH, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, CodeMill 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.


CodeMill AB Debt-to-Equity vs Software Industry

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

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


OSTO:CDMIL
73GF Score
CodeMill AB OSTO:CDMIL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CodeMill AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CodeMill AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CodeMill AB'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 0.01 mean?
CodeMill AB (OSTO:CDMIL) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CodeMill AB and its competitors. This is 93% below median its historical median of 0.14. Over the past decade, CodeMill AB's Debt-to-Equity has ranged from 0.01 to 0.46. According to the industry distribution chart, CodeMill AB ranks #1 out of 2243 companies in the Software industry, placing it in the top 0%.
Is CodeMill AB's Debt-to-Equity too high?
CodeMill AB's current Debt-to-Equity of 0.01 is 93% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.46. The Software industry median Debt-to-Equity is 0.20. CodeMill AB's value of 0.01 is 95% below this industry median. Based on the distribution chart, CodeMill AB ranks #1 out of 2243 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CodeMill AB has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CodeMill AB's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, CodeMill AB ranks #1 out of 2243 companies for Debt-to-Equity. This places CodeMill AB in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.20. CodeMill AB's value of 0.01 is 95% below this benchmark. Historically, CodeMill AB's own Debt-to-Equity has ranged from 0.01 to 0.46 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.20, CodeMill AB has consistently been below 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,243 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. CodeMill AB's current Debt-to-Equity of 0.01 is 95% below 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 CodeMill AB and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeMill AB's current Debt-to-Equity is 0.01, which is 93% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeMill AB stock overvalued right now?
Based on GuruFocus' analysis, CodeMill AB (OSTO:CDMIL) is currently considered Fairly Valued. The stock's GF Value™ is kr13.27, compared to a current price of kr13.70 — trading 3.2% above its estimated fair value. The current Debt-to-Equity is 0.01, which is 93% below median its 10-year median of 0.14 and 95% below the Software industry median of 0.20. CodeMill AB's overall GF Score™ is 73/100 with 1 warning sign 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 CodeMill AB (OSTO:CDMIL), the current Debt-to-Equity is 0.01 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 CodeMill AB (OSTO:CDMIL) Overvalued in 2026?

Based on GuruFocus' analysis, CodeMill AB stock appears to be overvalued. The current stock price of kr13.70 is trading 3.2% above its estimated GF Value™ of kr13.27. GuruFocus considers CodeMill AB to be Fairly Valued.

Key valuation signals for OSTO:CDMIL:

  • Debt-to-Equity: 0.01 (93% below median its 10-year median of 0.14)
  • GF Value™: kr13.27 vs. price of kr13.70 (3.2% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 95% below the Software median (#1 of 2243)

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


CodeMill AB Business Description

Address Sodra Ersmarksgatan 7, Umea, SWE, 903 36
CodeMill AB is a technology company that offers software development and technical services for video and media companies. The company's products include Accurate Player SDK, Accurate Video and Cantemo, as well as the product service, Digital Service, enable the streamlining of video and film production and distribution, from editing to archiving. Codemill has framework agreements with some of the world's key media companies such as Amazon Studios.
73GF Score

Get the complete analysis for OSTO:CDMIL

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

kr13.70
Price
kr13.27
GF Value