Inin Group AS (STU:72G) Debt-to-Equity : 0.73 (As of Dec. 2023)

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What is Inin Group AS Debt-to-Equity?

Inin Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.10 Mil. Inin Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €7.92 Mil. Inin Group AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €17.97 Mil. Inin Group AS's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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

STU:72G' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.64 Max: 1.47
Current: 0.73

During the past 7 years, the highest Debt-to-Equity Ratio of Inin Group AS was 1.47. The lowest was 0.08. And the median was 0.64.

STU:72G's Debt-to-Equity is ranked worse than
78.29% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs STU:72G: 0.73

Inin Group AS Debt-to-Equity Historical Data

The historical data trend for Inin Group 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.

Inin Group AS Debt-to-Equity Chart

Inin Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.65

0.09

0.08

0.11

0.73

Inin Group AS Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.08	0.06	0.11	0.16	0.73

Competitive Comparison of Inin Group AS's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Inin Group 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.

Inin Group AS's Debt-to-Equity Distribution in the Hardware Industry

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

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

Inin Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inin Group 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
	=	(5.097	+	7.92)	/	17.965
	=	0.72

Inin Group AS's Debt to Equity Ratio for the quarter 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
	=	(5.097	+	7.92)	/	17.965
	=	0.72

Inin Group AS (STU:72G) 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.

Inin Group AS Debt-to-Equity Related Terms

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Inin Group AS (STU:72G) Business Description

Industry

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ININ:Norway

Address

Henrik Ibsens gt 100, Oslo, NOR, 0255

Website

https://www.inin.no

Inin Group AS is a Norwegian holding company, with its three main segment activities organized through Nordic Infrastructure Group AS consisting of rail-focused construction and maintenance competence and service supply, including electrotechnical services for rail, power supply, and infrastructure projects. Hadeland Elektro AS delivers complete electrotechnical solutions for construction and infrastructure projects, including the energy, rail, and road sectors and Elop Technology AS develops tools and digital solutions to inspect, monitor and manage infrastructure worldwide using patented ultrasound technology.

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