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AtomTrace AS (XPRA:ATOMT) Debt-to-Equity : 0.43 (As of Dec. 2022)


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What is AtomTrace AS Debt-to-Equity?

AtomTrace AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was Kč9.26 Mil. AtomTrace AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was Kč0.00 Mil. AtomTrace AS's Total Stockholders Equity for the quarter that ended in Dec. 2022 was Kč21.48 Mil. AtomTrace AS's debt to equity for the quarter that ended in Dec. 2022 was 0.43.

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

XPRA:ATOMT' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.01   Med: -0.12   Max: 0.43
Current: 0.43

During the past 6 years, the highest Debt-to-Equity Ratio of AtomTrace AS was 0.43. The lowest was -1.01. And the median was -0.12.

XPRA:ATOMT's Debt-to-Equity is ranked worse than
62.53% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs XPRA:ATOMT: 0.43

AtomTrace AS Debt-to-Equity Historical Data

The historical data trend for AtomTrace 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.

AtomTrace AS Debt-to-Equity Chart

AtomTrace AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial 0.05 -0.30 -0.38 -1.01 0.43

AtomTrace AS Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity Get a 7-Day Free Trial 0.05 -0.30 -0.38 -1.01 0.43

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

For the Scientific & Technical Instruments subindustry, AtomTrace 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.

AtomTrace AS's Debt-to-Equity Distribution in the Hardware Industry

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

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


AtomTrace AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AtomTrace AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(9.261 + 0) / 21.483
=0.43

AtomTrace AS's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
=(9.261 + 0) / 21.483
=0.43

* 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.

AtomTrace AS  (XPRA:ATOMT) 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.

AtomTrace AS Debt-to-Equity Related Terms

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AtomTrace AS (XPRA:ATOMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AtomTrace AS (XPRA:ATOMT) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Kolejni 9, Brno, CZE, 612 00
Website
https://www.atomtrace.com
AtomTrace AS provides technology that performs multi-elemental analysis of most of the periodic table elements including those with low atomic weight. Its products comprise LIBS Interaction Chamber, LIBS Sci-Trace, LIBS X-Trace, LIBS Application Setup, LIBS Software-AtomAnalyzer, and Digital Delay Generator.

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