GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Immunovia AB (OSTO:IMMNOV) » Definitions » Debt-to-Equity

Immunovia AB (OSTO:IMMNOV) Debt-to-Equity : 0.20 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Immunovia AB Debt-to-Equity?

Immunovia AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr8.79 Mil. Immunovia AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Immunovia AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr43.70 Mil. Immunovia AB's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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

OSTO:IMMNOV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.28
Current: 0.2

During the past 11 years, the highest Debt-to-Equity Ratio of Immunovia AB was 0.28. The lowest was 0.05. And the median was 0.10.

OSTO:IMMNOV's Debt-to-Equity is ranked better than
52.58% of 194 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.22 vs OSTO:IMMNOV: 0.20

Immunovia AB Debt-to-Equity Historical Data

The historical data trend for Immunovia 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.

* Premium members only.

Immunovia AB Debt-to-Equity Chart

Immunovia AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.06 0.08 0.15 0.06

Immunovia AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.21 0.28 0.06 0.20

Competitive Comparison of Immunovia AB's Debt-to-Equity

For the Diagnostics & Research subindustry, Immunovia 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.


Immunovia AB's Debt-to-Equity Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Immunovia AB's Debt-to-Equity distribution charts can be found below:

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



Immunovia AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Immunovia AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Immunovia AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Immunovia AB  (OSTO:IMMNOV) 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.


Immunovia AB Debt-to-Equity Related Terms

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


Immunovia AB (OSTO:IMMNOV) Business Description

Traded in Other Exchanges
Address
Medicon Village, Scheelevagen 8, Lund, SWE, 223 63
Immunovia AB molecular diagnostic company. It develops and commercializes diagnostic tools for complex forms of cancer and autoimmune diseases. Its technology platform IMMray (TM), is based on antibody microarray analysis. The group's intangible and tangible assets are in Sweden, in the United States and in Germany.

Immunovia AB (OSTO:IMMNOV) Headlines

No Headlines