Zwipe AS (OSTO:ZWIPE) Debt-to-Equity : 0.34 (As of Jun. 2024)

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What is Zwipe AS Debt-to-Equity?

Zwipe AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr10.39 Mil. Zwipe AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr0.00 Mil. Zwipe AS's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr30.35 Mil. Zwipe AS's debt to equity for the quarter that ended in Jun. 2024 was 0.34.

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 Zwipe AS's Debt-to-Equity or its related term are showing as below:

OSTO:ZWIPE' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.06 Med: 0.04 Max: 2.65
Current: 0.34

During the past 9 years, the highest Debt-to-Equity Ratio of Zwipe AS was 2.65. The lowest was -0.06. And the median was 0.04.

OSTO:ZWIPE's Debt-to-Equity is ranked worse than
61.4% of 2210 companies
in the Software industry
Industry Median: 0.22 vs OSTO:ZWIPE: 0.34

Zwipe AS Debt-to-Equity Historical Data

The historical data trend for Zwipe AS'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.

Zwipe AS Debt-to-Equity Chart

Zwipe AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

Zwipe AS Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial												-	-	-	0.17	0.34

Competitive Comparison of Zwipe AS's Debt-to-Equity

For the Software - Infrastructure subindustry, Zwipe AS'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.

Zwipe AS's Debt-to-Equity Distribution in the Software Industry

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

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

Zwipe AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10.223	+	0)	/	59.402
	=	0.17

Zwipe AS's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10.387	+	0)	/	30.346
	=	0.34

Zwipe AS (OSTO:ZWIPE) 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.

Zwipe AS Debt-to-Equity Related Terms

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Zwipe AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zwipe AS (OSTO:ZWIPE) » Definitions » Debt-to-Equity

Comparable Companies

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ZWIPE:Norway 4ZW:Germany

Address

Radhusgata 24, Oslo, NOR, 0151

Website

https://www.zwipe.com

Zwipe AS is a biometric authentication technology company. The company is focused on developing and commercializing secure, fast, and easy to use biometric authentication solutions with opportunities for broad application across key verticals like payment, access control, and government identification. It is focused on the access control market with its product Zwipe Access, which is a card-based fingerprint access control solution.

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