Crown Energy AB (NGM:CRWN) Debt-to-Equity : 1.74 (As of Dec. 2023)

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What is Crown Energy AB Debt-to-Equity?

Crown Energy AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr161.33 Mil. Crown Energy AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr630.55 Mil. Crown Energy AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr456.21 Mil. Crown Energy AB's debt to equity for the quarter that ended in Dec. 2023 was 1.74.

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

NGM:CRWN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 1.74
Current: 1.74

During the past 13 years, the highest Debt-to-Equity Ratio of Crown Energy AB was 1.74. The lowest was 0.00. And the median was 0.09.

NGM:CRWN's Debt-to-Equity is ranked worse than
78.69% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs NGM:CRWN: 1.74

Crown Energy AB Debt-to-Equity Historical Data

The historical data trend for Crown Energy 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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Crown Energy AB Debt-to-Equity Chart

Crown Energy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

1.74

Crown Energy 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															-	-	0.01	0.01	1.74

Competitive Comparison of Crown Energy AB's Debt-to-Equity

For the Real Estate Services subindustry, Crown Energy 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.

Crown Energy AB's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crown Energy AB's Debt-to-Equity distribution charts can be found below:

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

Crown Energy AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crown Energy 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
	=	(161.325	+	630.552)	/	456.213
	=	1.74

Crown Energy 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
	=	(161.325	+	630.552)	/	456.213
	=	1.74

Crown Energy AB (NGM:CRWN) 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.

Crown Energy AB Debt-to-Equity Related Terms

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Crown Energy AB (NGM:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Crown Energy AB (NGM:CRWN) » Definitions » Debt-to-Equity

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CWE:Germany

Address

Skeppargatan 27, Stockholm, SWE, SE-114 52

Website

http://www.crownenergy.se

Crown Energy AB is a Sweden based oil and gas company. It is principally engaged in the business activity of exploration and production in underexplored areas, initially in Africa and the Middle East. The firm creates value by finding and developing assets in early stages and then introducing oil and gas industry participants to the projects for further development and production. The group has operations in Equatorial Guinea, South Africa, Madagascar, and Iraq.