Sensor Alarm Norden AB (XSAT:SELARM) Debt-to-Equity : 0.24 (As of Sep. 2023)

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What is Sensor Alarm Norden AB Debt-to-Equity?

Sensor Alarm Norden AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr1.91 Mil. Sensor Alarm Norden AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.00 Mil. Sensor Alarm Norden AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr7.93 Mil. Sensor Alarm Norden AB's debt to equity for the quarter that ended in Sep. 2023 was 0.24.

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

XSAT:SELARM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.65 Max: 10.82
Current: 0.24

During the past 4 years, the highest Debt-to-Equity Ratio of Sensor Alarm Norden AB was 10.82. The lowest was 0.15. And the median was 0.65.

XSAT:SELARM's Debt-to-Equity is ranked better than
64.91% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs XSAT:SELARM: 0.24

Sensor Alarm Norden AB Debt-to-Equity Historical Data

The historical data trend for Sensor Alarm Norden 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.

Sensor Alarm Norden AB Debt-to-Equity Chart

Sensor Alarm Norden AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.17

1.03

0.37

0.15

Sensor Alarm Norden AB Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial										1.49	0.15	0.21	0.20	0.24

Competitive Comparison of Sensor Alarm Norden AB's Debt-to-Equity

For the Building Products & Equipment subindustry, Sensor Alarm Norden 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.

Sensor Alarm Norden AB's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sensor Alarm Norden AB's Debt-to-Equity distribution charts can be found below:

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

Sensor Alarm Norden AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sensor Alarm Norden 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
	=	(1.572	+	0)	/	10.402
	=	0.15

Sensor Alarm Norden AB's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.907	+	0)	/	7.925
	=	0.24

Sensor Alarm Norden AB (XSAT:SELARM) 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.

Sensor Alarm Norden AB Debt-to-Equity Related Terms

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Sensor Alarm Norden AB (XSAT:SELARM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sensor Alarm Norden AB (XSAT:SELARM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sankt Eriksplan 11, Stockholm, SWE, 113 20

Website

https://www.sensoralarm.se

Sensor Alarm Norden AB is engaged in providing alarm services for private individuals and small companies. It provides various alarms such asHusalarm, Apartment alarm, Cabin alarm, Garage alarm, and Caravan / motorhome alarm.

Sensor Alarm Norden AB (XSAT:SELARM) Headlines

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