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Hexatronic Group AB (OSTO:HTRO) Debt-to-Equity : 0.95 (As of Mar. 2024)


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What is Hexatronic Group AB Debt-to-Equity?

Hexatronic Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr257 Mil. Hexatronic Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr3,229 Mil. Hexatronic Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr3,656 Mil. Hexatronic Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.95.

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

OSTO:HTRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.9   Max: 1.38
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Hexatronic Group AB was 1.38. The lowest was 0.14. And the median was 0.90.

OSTO:HTRO's Debt-to-Equity is ranked worse than
85.17% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs OSTO:HTRO: 0.95

Hexatronic Group AB Debt-to-Equity Historical Data

The historical data trend for Hexatronic Group 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.

Hexatronic Group AB Debt-to-Equity Chart

Hexatronic Group AB Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.15 1.17 0.85 1.03

Hexatronic Group 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 1.02 0.96 1.07 1.03 0.95

Competitive Comparison of Hexatronic Group AB's Debt-to-Equity

For the Communication Equipment subindustry, Hexatronic Group 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.


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

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

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



Hexatronic Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Hexatronic Group 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.


Hexatronic Group AB  (OSTO:HTRO) 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.


Hexatronic Group AB Debt-to-Equity Related Terms

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Hexatronic Group AB (OSTO:HTRO) Business Description

Traded in Other Exchanges
Address
Sofierogatan 3A, Gothenburg, SWE, SE-412 51
Hexatronic Group AB is a technology group, specializing in fiber communications products. The company supply fiber optic products and solutions; and complete range of passive infrastructure for telecom companies.

Hexatronic Group AB (OSTO:HTRO) Headlines

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