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Zoomability Int AB (XSAT:ZOOM) Debt-to-Equity : 0.38 (As of Mar. 2024)


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What is Zoomability Int AB Debt-to-Equity?

Zoomability Int AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Zoomability Int AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1.95 Mil. Zoomability Int AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr5.09 Mil. Zoomability Int AB's debt to equity for the quarter that ended in Mar. 2024 was 0.38.

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

XSAT:ZOOM' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.72   Med: 0.09   Max: 0.38
Current: 0.38

During the past 7 years, the highest Debt-to-Equity Ratio of Zoomability Int AB was 0.38. The lowest was -0.72. And the median was 0.09.

XSAT:ZOOM's Debt-to-Equity is ranked better than
56.89% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XSAT:ZOOM: 0.38

Zoomability Int AB Debt-to-Equity Historical Data

The historical data trend for Zoomability Int 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.

Zoomability Int AB Debt-to-Equity Chart

Zoomability Int AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.09 0.08 0.02 0.03 0.36

Zoomability Int 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 - 0.19 0.30 0.36 0.38

Competitive Comparison of Zoomability Int AB's Debt-to-Equity

For the Recreational Vehicles subindustry, Zoomability Int 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.


Zoomability Int AB's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zoomability Int AB's Debt-to-Equity distribution charts can be found below:

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



Zoomability Int AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Zoomability Int 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.


Zoomability Int AB  (XSAT:ZOOM) 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.


Zoomability Int AB Debt-to-Equity Related Terms

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


Zoomability Int AB (XSAT:ZOOM) Business Description

Traded in Other Exchanges
N/A
Address
PO. Box 5141, Stockholm, SWE, 10243
Zoomability Int AB is a Sweden-based company engaged in developing electric vehicles that are used for driving in the terrain. Its product Zoom Uphill is a symmetrical 4-wheel drive designed for off-road performance.

Zoomability Int AB (XSAT:ZOOM) Headlines

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