Audientes AS (XSAT:AUDNTS) Debt-to-Equity : 1.18 (As of Dec. 2023)

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What is Audientes AS Debt-to-Equity?

Audientes AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4.73 Mil. Audientes AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil. Audientes AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr4.02 Mil. Audientes AS's debt to equity for the quarter that ended in Dec. 2023 was 1.18.

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

XSAT:AUDNTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.19 Max: 1.18
Current: 1.18

During the past 6 years, the highest Debt-to-Equity Ratio of Audientes AS was 1.18. The lowest was 0.00. And the median was 0.19.

XSAT:AUDNTS's Debt-to-Equity is ranked worse than
89.55% of 708 companies
in the Medical Devices & Instruments industry
Industry Median: 0.215 vs XSAT:AUDNTS: 1.18

Audientes AS Debt-to-Equity Historical Data

The historical data trend for Audientes 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.

Audientes AS Debt-to-Equity Chart

Audientes AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.38

1.18

Audientes AS Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.38	0.55	0.86	1.38	1.18

Competitive Comparison of Audientes AS's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Audientes 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.

Audientes AS's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Audientes AS's Debt-to-Equity distribution charts can be found below:

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

Audientes AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Audientes 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
	=	(4.726	+	0)	/	4.02
	=	1.18

Audientes 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
	=	(4.726	+	0)	/	4.02
	=	1.18

Audientes AS (XSAT:AUDNTS) 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.

Audientes AS Debt-to-Equity Related Terms

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Audientes AS (XSAT:AUDNTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Audientes AS (XSAT:AUDNTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Teknikerbyen 5, Virum, DNK, 2830

Website

https://www.audientes.com

Audientes AS is a technology company specializing in smart, self-fitting, and affordable hearing aids. Audientes' hearing aid solution ''Ven'', is available for purchase in the Indian market, online, and in retail, and will be introduced to the U.S over-the-counter market and other markets. The company's mission is to help the approximately 500 million people globally suffering from disabling hearing loss who either cannot afford to buy one of the very expensive hearing aids on the market.

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