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Aalborg Boldspilklub A/S (LTS:0RTV) Debt-to-Equity : 0.56 (As of Dec. 2023)


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What is Aalborg Boldspilklub A/S Debt-to-Equity?

Aalborg Boldspilklub A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr2.05 Mil. Aalborg Boldspilklub A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr29.45 Mil. Aalborg Boldspilklub A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr56.03 Mil. Aalborg Boldspilklub A/S's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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 Aalborg Boldspilklub A/S's Debt-to-Equity or its related term are showing as below:

LTS:0RTV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.19   Max: 0.56
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Aalborg Boldspilklub A/S was 0.56. The lowest was 0.03. And the median was 0.19.

LTS:0RTV's Debt-to-Equity is ranked worse than
54.91% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs LTS:0RTV: 0.56

Aalborg Boldspilklub A/S Debt-to-Equity Historical Data

The historical data trend for Aalborg Boldspilklub A/S'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.

Aalborg Boldspilklub A/S Debt-to-Equity Chart

Aalborg Boldspilklub A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.13 0.15 0.54 0.56

Aalborg Boldspilklub A/S Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.16 0.54 0.46 0.56

Competitive Comparison of Aalborg Boldspilklub A/S's Debt-to-Equity

For the Leisure subindustry, Aalborg Boldspilklub A/S'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.


Aalborg Boldspilklub A/S's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Aalborg Boldspilklub A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aalborg Boldspilklub A/S's Debt-to-Equity falls into.



Aalborg Boldspilklub A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aalborg Boldspilklub A/S's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aalborg Boldspilklub A/S's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Aalborg Boldspilklub A/S  (LTS:0RTV) 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.


Aalborg Boldspilklub A/S Debt-to-Equity Related Terms

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Aalborg Boldspilklub A/S (LTS:0RTV) Business Description

Traded in Other Exchanges
Address
Hornevej 2, Aalborg East, DNK, 9220
Aalborg Boldspilklub A/S is a Denamrk based firm which is engaged in entertainment and sports activities, Its operations includes organisation and operation of sports such as football, ice hockey, rental of function rooms and lounges for conferences & leases out facilities as sports hotels.

Aalborg Boldspilklub A/S (LTS:0RTV) Headlines

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