Omda AS (OSL:OMDA) Debt-to-Equity : 5.01 (As of Dec. 2023)

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What is Omda AS Debt-to-Equity?

Omda AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.0 Mil. Omda AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr477.5 Mil. Omda AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr95.3 Mil. Omda AS's debt to equity for the quarter that ended in Dec. 2023 was 5.01.

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

OSL:OMDA' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.15 Med: 2.86 Max: 17.18
Current: 5.01

During the past 7 years, the highest Debt-to-Equity Ratio of Omda AS was 17.18. The lowest was 1.15. And the median was 2.86.

OSL:OMDA's Debt-to-Equity is ranked worse than
97.07% of 546 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs OSL:OMDA: 5.01

Omda AS Debt-to-Equity Historical Data

The historical data trend for Omda 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.

Omda AS Debt-to-Equity Chart

Omda AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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5.47

1.15

2.86

17.18

5.01

Omda AS Quarterly Data
	Dec17	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														17.18	19.46	-686.93	4.47	5.01

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

For the Health Information Services subindustry, Omda 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.

Omda AS's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Omda AS's Debt-to-Equity distribution charts can be found below:

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

Omda AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Omda 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
	=	(0	+	477.483)	/	95.257
	=	5.01

Omda 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
	=	(0	+	477.483)	/	95.257
	=	5.01

Omda AS (OSL:OMDA) 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.

Omda AS Debt-to-Equity Related Terms

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

Omda AS (OSL:OMDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Omda AS (OSL:OMDA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6Q1:Germany

Address

Drammensveien 288, Oslo, NOR, 0283

Website

https://www.omda.com

Omda AS has built software tools exclusively for health and emergency professionals. Its Integration Engine and APIs enable its products to successfully merge with existing systems of all types and specifications.

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