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SaltX Technology Holding AB (OSTO:SALT B) Debt-to-Equity : 0.02 (As of Jun. 2024)


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What is SaltX Technology Holding AB Debt-to-Equity?

SaltX Technology Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr1.64 Mil. SaltX Technology Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr1.91 Mil. SaltX Technology Holding AB's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr158.24 Mil. SaltX Technology Holding AB's debt to equity for the quarter that ended in Jun. 2024 was 0.02.

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

OSTO:SALT B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 0.38
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of SaltX Technology Holding AB was 0.38. The lowest was 0.01. And the median was 0.09.

OSTO:SALT B's Debt-to-Equity is ranked better than
94.07% of 2632 companies
in the Industrial Products industry
Industry Median: 0.29 vs OSTO:SALT B: 0.02

SaltX Technology Holding AB Debt-to-Equity Historical Data

The historical data trend for SaltX Technology Holding 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.

SaltX Technology Holding AB Debt-to-Equity Chart

SaltX Technology Holding 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 0.26 0.33 0.26 0.26 0.21

SaltX Technology Holding AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.05 0.03 0.21 0.03 0.02

Competitive Comparison of SaltX Technology Holding AB's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, SaltX Technology Holding 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.


SaltX Technology Holding AB's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



SaltX Technology Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

SaltX Technology Holding AB's Debt to Equity Ratio for the quarter that ended in Jun. 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.


SaltX Technology Holding AB  (OSTO:SALT B) 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.


SaltX Technology Holding AB Debt-to-Equity Related Terms

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


SaltX Technology Holding AB Business Description

Traded in Other Exchanges
Address
Vastertorpsvagen 135, Hagersten, SWE, SE - 129 44
SaltX Technology Holding AB engages in the development and sale of patented energy storage technology that can be stored in salt. It develops a technology that stores energy in salt crystals and converts it into heating and cooling.

SaltX Technology Holding AB Headlines

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