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Attana AB (NGM:ATANA) Debt-to-Equity : 0.18 (As of Mar. 2024)


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What is Attana AB Debt-to-Equity?

Attana AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.84 Mil. Attana AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2.31 Mil. Attana AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr17.34 Mil. Attana AB's debt to equity for the quarter that ended in Mar. 2024 was 0.18.

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

NGM:ATANA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 0.64
Current: 0.18

During the past 7 years, the highest Debt-to-Equity Ratio of Attana AB was 0.64. The lowest was 0.07. And the median was 0.20.

NGM:ATANA's Debt-to-Equity is ranked better than
58.03% of 193 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.22 vs NGM:ATANA: 0.18

Attana AB Debt-to-Equity Historical Data

The historical data trend for Attana 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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Attana AB Debt-to-Equity Chart

Attana AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.22 0.08 0.07 0.20 0.17

Attana 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 0.14 0.17 0.57 0.17 0.18

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

For the Diagnostics & Research subindustry, Attana 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.


Attana AB's Debt-to-Equity Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Attana AB's Debt-to-Equity distribution charts can be found below:

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



Attana AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Attana 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.


Attana AB  (NGM:ATANA) 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.


Attana AB Debt-to-Equity Related Terms

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Attana AB (NGM:ATANA) Business Description

Traded in Other Exchanges
N/A
Address
Björnnäsv. 21, Stockholm, SWE, SE-114 19
Attana AB offers biologically relevant information to improve efficiency and performance of pharmaceutical drug development.

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