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Tempest Security AB (OSTO:TSEC) Debt-to-Equity : 0.49 (As of Mar. 2024)


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What is Tempest Security AB Debt-to-Equity?

Tempest Security AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr14.1 Mil. Tempest Security AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr26.1 Mil. Tempest Security AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr82.8 Mil. Tempest Security AB's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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

OSTO:TSEC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.56   Max: 1.16
Current: 0.49

During the past 9 years, the highest Debt-to-Equity Ratio of Tempest Security AB was 1.16. The lowest was 0.07. And the median was 0.56.

OSTO:TSEC's Debt-to-Equity is ranked worse than
55.34% of 918 companies
in the Business Services industry
Industry Median: 0.37 vs OSTO:TSEC: 0.49

Tempest Security AB Debt-to-Equity Historical Data

The historical data trend for Tempest Security 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.

Tempest Security AB Debt-to-Equity Chart

Tempest Security 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 1.00 1.02 0.67 0.59 0.49

Tempest Security 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 0.57 0.53 0.47 0.49 0.49

Competitive Comparison of Tempest Security AB's Debt-to-Equity

For the Security & Protection Services subindustry, Tempest Security 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.


Tempest Security AB's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tempest Security AB's Debt-to-Equity distribution charts can be found below:

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



Tempest Security AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Tempest Security 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.


Tempest Security AB  (OSTO:TSEC) 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.


Tempest Security AB Debt-to-Equity Related Terms

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Tempest Security AB (OSTO:TSEC) Business Description

Traded in Other Exchanges
N/A
Address
Ralambsvagen 17, 17 stairs, Stockholm, SWE, 112 59
Tempest Security AB provides solutions for security, protection, and service. The company's solutions include everything from security guards and guards to receptionists and caretakers, specially trained security personnel, installation of alarm and monitoring technology, training staff and much more. It offers services in the various divisions which include real estate, hotels, and restaurants, industry, offices, shops and malls, state and municipalities as well as individuals. Geographically, the business activities are functioned through the regions of Sweden.

Tempest Security AB (OSTO:TSEC) Headlines

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