Sleep Cycle AB (OSTO:SLEEP) Debt-to-Equity: 0.09 (As of Mar. 2026) — 40% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:SLEEP Sleep Cycle AB OSTO:SLEEP
91 GF Score
Price kr24.75
GF Value kr29.50
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Sleep Cycle AB Debt-to-Equity?

Sleep Cycle AB OSTO:SLEEP +0.20% 91 Debt-to-Equity is 0.09 as of Mar. 2026, which is 40% below its 10-year median of 0.15. GuruFocus rates OSTO:SLEEP with a GF Score™ of 91/100 and a GF Value™ of kr29.50 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,246 Software companies, Sleep Cycle AB ranks better than 67.32% on this metric.

Sleep Cycle AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr3.2 Mil. Sleep Cycle AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr3.4 Mil. Sleep Cycle AB's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr77.3 Mil. Sleep Cycle AB's debt to equity for the quarter that ended in Mar. 2026 was 0.09.

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

OSTO:SLEEP' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.14   Med: 0.15   Max: 7.18
Current: 0.09

During the past 9 years, the highest Debt-to-Equity Ratio of Sleep Cycle AB was 7.18. The lowest was -0.14. And the median was 0.15.

OSTO:SLEEP's Debt-to-Equity is ranked better than
67.32% of 2246 companies
in the Software industry
Industry Median: 0.19 vs OSTO:SLEEP: 0.09

Sleep Cycle AB  (OSTO:SLEEP) 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.


Sleep Cycle AB Debt-to-Equity Related Terms


Sleep Cycle AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sleep Cycle 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.

Sleep Cycle AB Debt-to-Equity Chart

Sleep Cycle AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.02 0.03 0.26 0.15 0.10

Sleep Cycle 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 0.10 0.19 0.14 0.10 0.09

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

For the Software - Application subindustry, Sleep Cycle 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.


Sleep Cycle AB Debt-to-Equity vs Software Industry

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

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


OSTO:SLEEP
91GF Score
Sleep Cycle AB OSTO:SLEEP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sleep Cycle AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sleep Cycle 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 0.09 mean?
Sleep Cycle AB (OSTO:SLEEP) has a Debt-to-Equity of 0.09 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sleep Cycle AB and its competitors. This is 40% below median its historical median of 0.15. According to the industry distribution chart, Sleep Cycle AB ranks #734 out of 2246 companies in the Software industry, placing it in the top 32.7%.
Is Sleep Cycle AB's Debt-to-Equity too high?
Sleep Cycle AB's current Debt-to-Equity of 0.09 is 40% below median its 10-year median of 0.15. The Software industry median Debt-to-Equity is 0.19. Sleep Cycle AB's value of 0.09 is 52.6% below this industry median. Based on the distribution chart, Sleep Cycle AB ranks #734 out of 2246 companies in the Software industry, which is above the industry midpoint. Overall, Sleep Cycle AB has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sleep Cycle AB's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Sleep Cycle AB ranks #734 out of 2246 companies for Debt-to-Equity. This puts Sleep Cycle AB in the upper half of its industry. The industry median Debt-to-Equity is 0.19. Sleep Cycle AB's value of 0.09 is 52.6% below this benchmark. While the company's 10-year median is 0.15 vs. the industry median of 0.19, Sleep Cycle 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 0.19, based on 2,246 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. Sleep Cycle AB's current Debt-to-Equity of 0.09 is 52.6% 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 Sleep Cycle AB and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sleep Cycle AB's current Debt-to-Equity is 0.09, which is 40% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Cycle AB stock overvalued right now?
Based on GuruFocus' analysis, Sleep Cycle AB (OSTO:SLEEP) is currently considered Modestly Undervalued. The stock's GF Value™ is kr29.50, compared to a current price of kr24.75 — trading 16.1% below its estimated fair value. The current Debt-to-Equity is 0.09, which is 40% below median its 10-year median of 0.15 and 52.6% below the Software industry median of 0.19. Sleep Cycle AB's overall GF Score™ is 91/100 with 8 warning signs 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 Sleep Cycle AB (OSTO:SLEEP), the current Debt-to-Equity is 0.09 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 Sleep Cycle AB (OSTO:SLEEP) Overvalued in 2026?

Based on GuruFocus' analysis, Sleep Cycle AB stock appears to be undervalued. The current stock price of kr24.75 is trading 16.1% below its estimated GF Value™ of kr29.50. GuruFocus considers Sleep Cycle AB to be Modestly Undervalued.

Key valuation signals for OSTO:SLEEP:

  • Debt-to-Equity: 0.09 (40% below median its 10-year median of 0.15)
  • GF Value™: kr29.50 vs. price of kr24.75 (16.1% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 52.6% below the Software median (#734 of 2246)

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


Sleep Cycle AB Business Description

Other Exchanges 1CW:Germany
Address Drakegatan 10, Gothenburg, SWE, 412 50
Sleep Cycle AB is a sleep tracker application. It helps people understand their sleep habits and improve their sleep. The mobile application helps users fall asleep more easily, tracks sleep patterns through the night and wakes up users in the light-sleep phase, providing valuable insights designed to improve sleep quality. Geographically group operates in Sweden and other countries in which all of revenue is generated from Sweden.
91GF Score

Get the complete analysis for OSTO:SLEEP

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

kr24.75
Price
kr29.50
GF Value