Airobot Technologies AS (OTSE:AIR) Debt-to-Equity : 0.31 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Airobot Technologies AS Debt-to-Equity?

Airobot Technologies AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.14 Mil. Airobot Technologies AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Airobot Technologies AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €0.45 Mil. Airobot Technologies AS's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 Airobot Technologies AS's Debt-to-Equity or its related term are showing as below:

OTSE:AIR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 13.13 Max: 45.67
Current: 0.31

During the past 5 years, the highest Debt-to-Equity Ratio of Airobot Technologies AS was 45.67. The lowest was 0.31. And the median was 13.13.

OTSE:AIR's Debt-to-Equity is ranked worse than
51.32% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs OTSE:AIR: 0.31

Airobot Technologies AS Debt-to-Equity Historical Data

The historical data trend for Airobot Technologies AS'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.

Airobot Technologies AS Debt-to-Equity Chart

Airobot Technologies AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

16.44

13.13

45.67

0.35

0.31

Airobot Technologies AS Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			45.67	0.25	0.35	0.67	0.31

Competitive Comparison of Airobot Technologies AS's Debt-to-Equity

For the Consumer Electronics subindustry, Airobot Technologies AS'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.

Airobot Technologies AS's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Airobot Technologies AS's Debt-to-Equity falls into.

Airobot Technologies AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Airobot Technologies AS'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
	=	(0.137	+	0)	/	0.447
	=	0.31

Airobot Technologies AS'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
	=	(0.137	+	0)	/	0.447
	=	0.31

Airobot Technologies AS (OTSE:AIR) 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.

Airobot Technologies AS Debt-to-Equity Related Terms

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

Airobot Technologies AS (OTSE:AIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airobot Technologies AS (OTSE:AIR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Suur-sojamae 37a, Rae Vald, EST, 75322

Website

https://www.airobothome.com

Airobot Technologies AS is an indoor climate technology and production company, which is characterized by strong software and air analysis. The company's main product is innovative ventilation equipment with a demand-based control algorithm, which has been developed in cooperation with researchers from the University of Tartu and TalTech.