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MindArk PE AB (XSAT:MNDRK) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is MindArk PE AB Debt-to-Equity?

MindArk PE AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr0.0 Mil. MindArk PE AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr0.0 Mil. MindArk PE AB's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr89.7 Mil. MindArk PE AB's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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

XSAT:MNDRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.65   Max: 0.82
Current: 0.37

During the past 2 years, the highest Debt-to-Equity Ratio of MindArk PE AB was 0.82. The lowest was 0.38. And the median was 0.65.

XSAT:MNDRK's Debt-to-Equity is ranked worse than
64.2% of 2218 companies
in the Software industry
Industry Median: 0.21 vs XSAT:MNDRK: 0.37

MindArk PE AB Debt-to-Equity Historical Data

The historical data trend for MindArk PE 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.

MindArk PE AB Debt-to-Equity Chart

MindArk PE AB Annual Data
Trend Dec21 Dec23
Debt-to-Equity
0.65 0.38

MindArk PE AB Quarterly Data
Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.80 0.38 - -

Competitive Comparison of MindArk PE AB's Debt-to-Equity

For the Software - Application subindustry, MindArk PE 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.


MindArk PE AB's Debt-to-Equity Distribution in the Software Industry

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

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



MindArk PE AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

MindArk PE AB's Debt to Equity Ratio for the quarter that ended in Jun. 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.


MindArk PE AB  (XSAT:MNDRK) 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.


MindArk PE AB Debt-to-Equity Related Terms

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MindArk PE AB Business Description

Traded in Other Exchanges
N/A
Address
Masthamnsgatan 5, Gothenburg, SWE, SE 413 27
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free-of-charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside Entropia Universe.

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