Comintelli AB (XSAT:COMINT) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Comintelli AB Debt-to-Equity?

Comintelli AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr2.94 Mil. Comintelli AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.49 Mil. Comintelli AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr5.73 Mil. Comintelli AB's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

XSAT:COMINT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.2 Max: 0.6
Current: 0.6

During the past 7 years, the highest Debt-to-Equity Ratio of Comintelli AB was 0.60. The lowest was 0.14. And the median was 0.20.

XSAT:COMINT's Debt-to-Equity is ranked worse than
75.64% of 2213 companies
in the Software industry
Industry Median: 0.21 vs XSAT:COMINT: 0.60

Comintelli AB Debt-to-Equity Historical Data

The historical data trend for Comintelli 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.

Comintelli AB Debt-to-Equity Chart

Comintelli AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.16

0.27

0.29

0.16

0.60

Comintelli AB Quarterly Data
	Mar19	Jun19	Sep19	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															0.16	0.36	0.63	0.55	0.60

Competitive Comparison of Comintelli AB's Debt-to-Equity

For the Software - Application subindustry, Comintelli 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.

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

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

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

Comintelli AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Comintelli 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
	=	(2.942	+	0.494)	/	5.726
	=	0.60

Comintelli AB'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
	=	(2.942	+	0.494)	/	5.726
	=	0.60

Comintelli AB (XSAT:COMINT) 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.

Comintelli AB Debt-to-Equity Related Terms

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Comintelli AB (XSAT:COMINT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comintelli AB (XSAT:COMINT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kista Science Tower, Kista, Stockholm, SWE, 164 51

Website

http://www.comintelli.com

Comintelli AB is a Swedish software company. It offers intelligence software name Intelligence2day that automatically collects, discovers, organizes, analyzes and shares information and knowledge; focused on any aspect of the competitive landscape including customers, competitors, products, markets, technologies and trends. The software supports managers and knowledge workers in both strategical and tactical decision making; it also shortens Time-To-Insights which accelerates business strategy, product innovations and business development. The company also offers services related to the software including managed hosting services, training, technical installation and support and maintenance services.

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