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Knowit AB (OSTO:KNOW) Debt-to-Equity : 0.25 (As of Mar. 2024)


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What is Knowit AB Debt-to-Equity?

Knowit AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr161 Mil. Knowit AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr917 Mil. Knowit AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr4,273 Mil. Knowit AB's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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

OSTO:KNOW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.26   Max: 0.4
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Knowit AB was 0.40. The lowest was 0.03. And the median was 0.26.

OSTO:KNOW's Debt-to-Equity is ranked worse than
54.18% of 2202 companies
in the Software industry
Industry Median: 0.2 vs OSTO:KNOW: 0.25

Knowit AB Debt-to-Equity Historical Data

The historical data trend for Knowit 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.

Knowit AB Debt-to-Equity Chart

Knowit 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 0.19 0.40 0.23 0.38 0.26

Knowit 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 0.35 0.32 0.30 0.26 0.25

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

For the Information Technology Services subindustry, Knowit 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.


Knowit AB's Debt-to-Equity Distribution in the Software Industry

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

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



Knowit AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Knowit 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.


Knowit AB  (OSTO:KNOW) 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.


Knowit AB Debt-to-Equity Related Terms

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Knowit AB (OSTO:KNOW) Business Description

Traded in Other Exchanges
Address
Klarabergsgatan 60, Box 3383, Stockholm, SWE, 10368
Knowit is a Nordic consultancy, operating three divisions: IT and system development; Customer experience technology and communications; Management consultancy. The company has about 2200 employees in 20 locations in Sweden, Norway, Denmark, Finland and Germany. Knowit provides services towards most industries, both public and private sector. Knowit AB (Publ) was founded in 1990 and is headquartered in Stockholm, Sweden.

Knowit AB (OSTO:KNOW) Headlines