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NAXS AB (OSTO:NAXS) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is NAXS AB Debt-to-Equity?

NAXS AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. NAXS AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. NAXS AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr923.15 Mil. NAXS AB's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

OSTO:NAXS's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

NAXS AB Debt-to-Equity Historical Data

The historical data trend for NAXS 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.

NAXS AB Debt-to-Equity Chart

NAXS AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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NAXS AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of NAXS AB's Debt-to-Equity

For the Asset Management subindustry, NAXS 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.


NAXS AB's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NAXS AB's Debt-to-Equity distribution charts can be found below:

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



NAXS AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

NAXS AB'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.


NAXS AB  (OSTO:NAXS) 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.


NAXS AB Debt-to-Equity Related Terms

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NAXS AB (OSTO:NAXS) Business Description

Traded in Other Exchanges
N/A
Address
Nybrogatan 8, Stockholm, SWE, SE-11434
NAXS AB is a publicly-traded fund focused on investments across Sweden and Northern Europe and focuses on investments in Nordic buyout funds. The fund invests across various sectors and industries. It targets private equity funds, but may also make direct investments and co-investments. The objective is to make the Nordic private equity market accessible for a broader range of investors while offering liquidity through the company's publicly traded shares.

NAXS AB (OSTO:NAXS) Headlines

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