Mycronic AB (Mycronic AB) Debt-to-Equity : 0.04 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Mycronic AB Debt-to-Equity?

Mycronic AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $7.4 Mil. Mycronic AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $13.5 Mil. Mycronic AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $556.9 Mil. Mycronic AB's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

MICLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.2
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Mycronic AB was 0.20. The lowest was 0.01. And the median was 0.06.

MICLF's Debt-to-Equity is ranked better than
86.74% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs MICLF: 0.04

Mycronic AB Debt-to-Equity Historical Data

The historical data trend for Mycronic 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.

Mycronic AB Debt-to-Equity Chart

Mycronic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.08

0.06

0.04

Mycronic 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															0.05	0.05	0.05	0.04	0.04

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

For the Specialty Industrial Machinery subindustry, Mycronic 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.

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

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

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

Mycronic AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mycronic AB'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
	=	(7.604	+	14.623)	/	511.523
	=	0.04

Mycronic 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
	=	(7.396	+	13.543)	/	556.895
	=	0.04

Mycronic AB (OTCPK:MICLF) 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.

Mycronic AB Debt-to-Equity Related Terms

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

Mycronic AB (Mycronic AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mycronic AB (OTCPK:MICLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MYCR:Sweden 0MQG:UK MLT:Germany

Address

Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03

Website

https://www.mycronic.com

Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.