Olink Holding AB (Olink Holding AB) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Olink Holding AB Debt-to-Equity?

Olink Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.0 Mil. Olink Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22.8 Mil. Olink Holding AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $502.7 Mil. Olink Holding AB's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

OLK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.49
Current: 0.05

During the past 5 years, the highest Debt-to-Equity Ratio of Olink Holding AB was 0.49. The lowest was 0.02. And the median was 0.05.

OLK's Debt-to-Equity is ranked better than
82.56% of 195 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.22 vs OLK: 0.05

Olink Holding AB Debt-to-Equity Historical Data

The historical data trend for Olink Holding 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.

Olink Holding AB Debt-to-Equity Chart

Olink Holding AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.49

0.22

0.02

0.05

Olink Holding AB Quarterly Data
	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												0.02	0.02	0.02	0.05	0.05

Competitive Comparison of Olink Holding AB's Debt-to-Equity

For the Diagnostics & Research subindustry, Olink Holding 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.

Olink Holding AB's Debt-to-Equity Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Olink Holding AB's Debt-to-Equity distribution charts can be found below:

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

Olink Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olink Holding 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
	=	(4.024	+	22.765)	/	502.698
	=	0.05

Olink Holding AB'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
	=	(4.024	+	22.765)	/	502.698
	=	0.05

Olink Holding AB (NAS:OLK) 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.

Olink Holding AB Debt-to-Equity Related Terms

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Olink Holding AB (Olink Holding AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Olink Holding AB (NAS:OLK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6XA:Germany

Address

Uppsala Science Park, Uppsala, SWE, SE-75183

Website

https://www.olink.com

Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, EMEA (Excluding Sweden) Japan, and other regions.