Optare Solutions (XMAD:OPTS) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is Optare Solutions Debt-to-Equity?

Optare Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.40 Mil. Optare Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.13 Mil. Optare Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5.25 Mil. Optare Solutions's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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 Optare Solutions's Debt-to-Equity or its related term are showing as below:

XMAD:OPTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.2 Max: 0.29
Current: 0.1

During the past 3 years, the highest Debt-to-Equity Ratio of Optare Solutions was 0.29. The lowest was 0.10. And the median was 0.20.

XMAD:OPTS's Debt-to-Equity is ranked better than
85.54% of 332 companies
in the Telecommunication Services industry
Industry Median: 0.645 vs XMAD:OPTS: 0.10

Optare Solutions Debt-to-Equity Historical Data

The historical data trend for Optare Solutions'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.

Optare Solutions Debt-to-Equity Chart

Optare Solutions Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.29

0.20

0.10

Optare Solutions Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-Equity	0.29	0.20	0.10

Competitive Comparison of Optare Solutions's Debt-to-Equity

For the Telecom Services subindustry, Optare Solutions'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.

Optare Solutions's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Optare Solutions's Debt-to-Equity distribution charts can be found below:

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

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Optare Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optare Solutions'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
	=	(0.404	+	0.129)	/	5.245
	=	0.10

Optare Solutions'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
	=	(0.404	+	0.129)	/	5.245
	=	0.10

Optare Solutions (XMAD:OPTS) 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.

Optare Solutions Debt-to-Equity Related Terms

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

Optare Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Optare Solutions SA (XMAD:OPTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parque tecnologico de Vigo Calle C nave C7, Vigo, ESP, 36315

Website

https://www.optaresolutions.com

Optare Solutions SA is an information technology consultancy specializing in providing services to the telecommunications sector. The group operates in Development and Implementation, Consulting and Architecture, and Maintenance and Operation.

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