Spotlio AS (OSL:SPOT) Debt-to-Equity : 0.02 (As of Oct. 2023)

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What is Spotlio AS Debt-to-Equity?

Spotlio AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was kr0.73 Mil. Spotlio AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was kr1.24 Mil. Spotlio AS's Total Stockholders Equity for the quarter that ended in Oct. 2023 was kr132.86 Mil. Spotlio AS's debt to equity for the quarter that ended in Oct. 2023 was 0.01.

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

OSL:SPOT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.11
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Spotlio AS was 0.11. The lowest was 0.01. And the median was 0.02.

OSL:SPOT's Debt-to-Equity is ranked better than
92.18% of 2211 companies
in the Software industry
Industry Median: 0.21 vs OSL:SPOT: 0.02

Spotlio AS Debt-to-Equity Historical Data

The historical data trend for Spotlio 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.

Spotlio AS Debt-to-Equity Chart

Spotlio AS Annual Data

Trend

Jun18

Jun19

Apr21

Apr22

Apr23

Debt-to-Equity

0.11

0.01

0.02

Spotlio AS Semi-Annual Data
	Jun18	Jun19	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial				0.01	0.02	0.02	0.02	0.02

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

For the Software - Application subindustry, Spotlio 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.

Spotlio AS's Debt-to-Equity Distribution in the Software Industry

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

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

Spotlio AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spotlio AS's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(1.492	+	1.292)	/	117.94
	=	0.02

Spotlio AS's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(0.727	+	1.235)	/	132.864
	=	0.01

Spotlio AS (OSL:SPOT) 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.

Spotlio AS Debt-to-Equity Related Terms

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Spotlio AS (OSL:SPOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spotlio AS (OSL:SPOT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6UK:Germany

Address

Sorkedalsveien 6, Oslo, NOR

Website

https://www.skitude.com

Spotlio AS Formerly Canopy Holdings AS along with its subsidiaries develops and sells unique technology, software, and apps to digitize the skier experience and make the purchase of lift tickets a fully digital user experience. It generates revenue from commissions; subscriptions and other services.