Aixia Group AB (XSAT:AIXIA B) Debt-to-Equity : 0.61 (As of Mar. 2024)

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What is Aixia Group AB Debt-to-Equity?

Aixia Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr3.8 Mil. Aixia Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr10.1 Mil. Aixia Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr22.9 Mil. Aixia Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.61.

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

XSAT:AIXIA B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.67 Max: 1.37
Current: 0.61

During the past 9 years, the highest Debt-to-Equity Ratio of Aixia Group AB was 1.37. The lowest was 0.05. And the median was 0.67.

XSAT:AIXIA B's Debt-to-Equity is ranked worse than
75.62% of 2219 companies
in the Software industry
Industry Median: 0.21 vs XSAT:AIXIA B: 0.61

Aixia Group AB Debt-to-Equity Historical Data

The historical data trend for Aixia Group 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.

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Aixia Group AB Debt-to-Equity Chart

Aixia Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

0.52

0.64

0.69

1.37

Aixia Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.76	1.03	0.89	1.37	0.61

Competitive Comparison of Aixia Group AB's Debt-to-Equity

For the Information Technology Services subindustry, Aixia Group 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.

Aixia Group AB's Debt-to-Equity Distribution in the Software Industry

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

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

Aixia Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aixia Group 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
	=	(3.6	+	11.224)	/	10.794
	=	1.37

Aixia Group AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(3.829	+	10.095)	/	22.869
	=	0.61

Aixia Group AB (XSAT:AIXIA B) 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.

Aixia Group AB Debt-to-Equity Related Terms

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

Aixia Group AB (XSAT:AIXIA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aixia Group AB (XSAT:AIXIA B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taljegårdsgatan 11, Mölndal, SWE, 43153

Website

https://www.aixia.se

Aixia Group AB is an IT company. It conducted operations in the construction and development of IT, which includes, among other things, AI/Deep Learning platforms, data centers, security, management, hosting, network & communication and backup/DR. The company delivers products, solutions and expertise in, among other things, the following business areas; AI solutions and services, Enterprise IT infrastructure, IT operation and hosting, IT products/solutions and currently has around 120 customers distributed across the country within a wide range of different industries.

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