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Fortnox AB (OSTO:FNOX) Debt-to-Revenue : 0.09 (As of Jun. 2024)


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What is Fortnox AB Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Fortnox AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr41 Mil. Fortnox AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr140 Mil. Fortnox AB's annualized Revenue for the quarter that ended in Jun. 2024 was kr2,060 Mil. Fortnox AB's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 0.09.


Fortnox AB Debt-to-Revenue Historical Data

The historical data trend for Fortnox AB's Debt-to-Revenue 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.

Fortnox AB Debt-to-Revenue Chart

Fortnox AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.26 0.53 0.28 0.09

Fortnox AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Revenue 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 0.16 0.09 0.08 0.08 0.09

Competitive Comparison of Fortnox AB's Debt-to-Revenue

For the Software - Application subindustry, Fortnox AB's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Fortnox AB's Debt-to-Revenue Distribution in the Software Industry

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

* The bar in red indicates where Fortnox AB's Debt-to-Revenue falls into.



Fortnox AB Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Fortnox AB's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(33 + 113) / 1642
=0.09

Fortnox AB's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(41 + 140) / 2060
=0.09

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jun. 2024) Revenue data.


Fortnox AB Debt-to-Revenue Related Terms

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Fortnox AB Business Description

Traded in Other Exchanges
Address
Framtidsvagen Street 10A, PO Box 427, Videum Science Park, Vaxjo, SWE, 351 06
Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a business's financial and administrative needs by creating easy flows in accounting, invoicing, financing, and managing employees. Its segments are Businesses, Accounting Firms, Core Products, Financial Services, and Marketplaces.

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