Guideline Geo AB (OSTO:GGEO) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Guideline Geo AB Debt-to-Equity?

Guideline Geo AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.0 Mil. Guideline Geo AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr8.4 Mil. Guideline Geo AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr127.9 Mil. Guideline Geo AB's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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

OSTO:GGEO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.23 Max: 0.53
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Guideline Geo AB was 0.53. The lowest was 0.05. And the median was 0.23.

OSTO:GGEO's Debt-to-Equity is ranked better than
79.65% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs OSTO:GGEO: 0.07

Guideline Geo AB Debt-to-Equity Historical Data

The historical data trend for Guideline Geo 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.

Guideline Geo AB Debt-to-Equity Chart

Guideline Geo AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.21

0.31

Guideline Geo AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.07

Competitive Comparison of Guideline Geo AB's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Guideline Geo 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.

Guideline Geo AB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guideline Geo AB's Debt-to-Equity distribution charts can be found below:

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

Guideline Geo AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guideline Geo AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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)	/	118.623
	=	0.00

Guideline Geo 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	+	8.438)	/	127.9
	=	0.07

Guideline Geo AB (OSTO:GGEO) 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.

Guideline Geo AB Debt-to-Equity Related Terms

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Guideline Geo AB (OSTO:GGEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guideline Geo AB (OSTO:GGEO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GO91:Germany

Address

Hemvarnsgatan 9, Solna, SWE, 171 54

Website

http://www.guidelinegeo.com

Guideline Geo AB is operating in the field of geophysics. The company develops, manufactures and sells solutions for four global market areas: Mapping and investigation of groundwater sources, monitoring and mapping of environmental pollution, investigation prior to construction of construction and maintenance of infrastructure, and investigation and mapping in mineral prospecting and mining. The group includes the MALA and ABEM brands and sales are conducted globally.

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