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Mantex AB (OSTO:MANTEX) Debt-to-Equity : 0.15 (As of Dec. 2023)


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What is Mantex AB Debt-to-Equity?

Mantex AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil. Mantex AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4.15 Mil. Mantex AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr28.05 Mil. Mantex AB's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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

OSTO:MANTEX' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08   Med: 0.08   Max: 0.37
Current: 0.15

During the past 9 years, the highest Debt-to-Equity Ratio of Mantex AB was 0.37. The lowest was -0.08. And the median was 0.08.

OSTO:MANTEX's Debt-to-Equity is ranked better than
66.97% of 2628 companies
in the Industrial Products industry
Industry Median: 0.29 vs OSTO:MANTEX: 0.15

Mantex AB Debt-to-Equity Historical Data

The historical data trend for Mantex 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.

Mantex AB Debt-to-Equity Chart

Mantex AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.37 - - - 0.15

Mantex AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 0.15

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

For the Specialty Industrial Machinery subindustry, Mantex 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.


Mantex AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mantex AB's Debt-to-Equity distribution charts can be found below:

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



Mantex AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Mantex AB's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Mantex AB  (OSTO:MANTEX) 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.


Mantex AB Debt-to-Equity Related Terms

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


Mantex AB (OSTO:MANTEX) Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 30 F, Kista, SWE, SE-164 40
Mantex AB develops and manufactures measurement system scanners which helps analyze biomaterials to the processing industry. Its products inlclude biofuel analyzer, flow scanner, and log scanner. The company also provides solutions for the board industry, pellets production, and various research projects.

Mantex AB (OSTO:MANTEX) Headlines

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