Maven Wireless Sweden AB (OSTO:MAVEN) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Maven Wireless Sweden AB Debt-to-Equity?

Maven Wireless Sweden AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.8 Mil. Maven Wireless Sweden AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr3.4 Mil. Maven Wireless Sweden AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr125.3 Mil. Maven Wireless Sweden AB's debt to equity for the quarter that ended in Mar. 2024 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 Maven Wireless Sweden AB's Debt-to-Equity or its related term are showing as below:

OSTO:MAVEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.42
Current: 0.03

During the past 5 years, the highest Debt-to-Equity Ratio of Maven Wireless Sweden AB was 0.42. The lowest was 0.01. And the median was 0.05.

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

Maven Wireless Sweden AB Debt-to-Equity Historical Data

The historical data trend for Maven Wireless Sweden 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.

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Maven Wireless Sweden AB Debt-to-Equity Chart

Maven Wireless Sweden AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.42

0.28

0.08

0.05

Maven Wireless Sweden AB Quarterly Data
	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													-	-	-	-	0.03

Competitive Comparison of Maven Wireless Sweden AB's Debt-to-Equity

For the Communication Equipment subindustry, Maven Wireless Sweden 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.

Maven Wireless Sweden AB's Debt-to-Equity Distribution in the Hardware Industry

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

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

Maven Wireless Sweden AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maven Wireless Sweden 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
	=	(0	+	0)	/	118.978
	=	0.00

Maven Wireless Sweden AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.803	+	3.396)	/	125.349
	=	0.03

Maven Wireless Sweden AB (OSTO:MAVEN) 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.

Maven Wireless Sweden AB Debt-to-Equity Related Terms

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Maven Wireless Sweden AB (OSTO:MAVEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maven Wireless Sweden AB (OSTO:MAVEN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

96W:Germany

Address

Torshamnsgatan 39 A, Kista, SWE, 164 40

Website

https://www.mavenwireless.com

Maven Wireless Sweden AB provides solutions for wireless coverage in all parts of the world. It offers end-to-end digital solutions with outstanding performance. The company's products contribute to public safety by ensuring wireless coverage for critical services, and are used in tunnels, on trains, metros, stadiums, buildings and more.

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