Doro AB (OSTO:DORO) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Doro AB Debt-to-Equity?

Doro AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr6.7 Mil. Doro AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr7.5 Mil. Doro AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr508.9 Mil. Doro AB's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

OSTO:DORO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.31 Max: 0.45
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Doro AB was 0.45. The lowest was 0.03. And the median was 0.31.

OSTO:DORO's Debt-to-Equity is ranked better than
89.78% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs OSTO:DORO: 0.03

Doro AB Debt-to-Equity Historical Data

The historical data trend for Doro 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.

Doro AB Debt-to-Equity Chart

Doro AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.36

0.20

0.40

0.19

0.03

Doro AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.16	0.13	0.07	0.03

Competitive Comparison of Doro AB's Debt-to-Equity

For the Communication Equipment subindustry, Doro 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.

Doro AB's Debt-to-Equity Distribution in the Hardware Industry

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

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

Doro AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Doro AB'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
	=	(6.7	+	7.5)	/	508.9
	=	0.03

Doro AB'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
	=	(6.7	+	7.5)	/	508.9
	=	0.03

Doro AB (OSTO:DORO) 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.

Doro AB Debt-to-Equity Related Terms

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

Doro AB (OSTO:DORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Doro AB (OSTO:DORO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DR8A:Germany

Address

Jorgen Kocksgatan 1B, Malmo, SWE, 211 20

Website

https://www.doro.com

Doro AB is a provider of senior mobile solutions. The company provides consumer solutions for seniors in the form of easy to use phones. Its product portfolio includes Mobile devices including Easy phones and Smart Phones; Home devices including Corded Telephones and Cordless Telephones; and Accessories and other related products. The company's operating segment includes Doro Phones and Doro Care. It generates maximum revenue from the Doro Phones segment.

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