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Innofactor Oyj (OHEL:IFA1V) Debt-to-Equity : 0.26 (As of Mar. 2024)


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What is Innofactor Oyj Debt-to-Equity?

Innofactor Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4.59 Mil. Innofactor Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2.23 Mil. Innofactor Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €26.75 Mil. Innofactor Oyj's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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 Innofactor Oyj's Debt-to-Equity or its related term are showing as below:

OHEL:IFA1V' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.58   Max: 0.9
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Innofactor Oyj was 0.90. The lowest was 0.26. And the median was 0.58.

OHEL:IFA1V's Debt-to-Equity is ranked worse than
54.82% of 2211 companies
in the Software industry
Industry Median: 0.21 vs OHEL:IFA1V: 0.26

Innofactor Oyj Debt-to-Equity Historical Data

The historical data trend for Innofactor Oyj'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.

Innofactor Oyj Debt-to-Equity Chart

Innofactor Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.66 0.39 0.58 0.38

Innofactor Oyj 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.48 0.55 0.38 0.26

Competitive Comparison of Innofactor Oyj's Debt-to-Equity

For the Software - Application subindustry, Innofactor Oyj'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.


Innofactor Oyj's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Innofactor Oyj's Debt-to-Equity distribution charts can be found below:

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



Innofactor Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innofactor Oyj's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Innofactor Oyj's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Innofactor Oyj  (OHEL:IFA1V) 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.


Innofactor Oyj Debt-to-Equity Related Terms

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Innofactor Oyj (OHEL:IFA1V) Business Description

Traded in Other Exchanges
Address
Keilaranta 9, Espoo, FIN, 02150
Innofactor Oyj is a software provider focused on Microsoft solutions in Nordic countries. The company delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus of the company's product development is on cloud solutions for Microsoft and its ecosystem. The company has office locations in Finland, Sweden, Denmark and Norway. The sale of services generates maximum revenue for the company.

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