Movinn AS (OCSE:MOVINN) Debt-to-Equity : 1.11 (As of Mar. 2024)

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What is Movinn AS Debt-to-Equity?

Movinn AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2.29 Mil. Movinn AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr19.67 Mil. Movinn AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr19.81 Mil. Movinn AS's debt to equity for the quarter that ended in Mar. 2024 was 1.11.

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

OCSE:MOVINN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 0.97 Max: 11.21
Current: 1.11

During the past 5 years, the highest Debt-to-Equity Ratio of Movinn AS was 11.21. The lowest was 0.76. And the median was 0.97.

OCSE:MOVINN's Debt-to-Equity is ranked worse than
63.68% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs OCSE:MOVINN: 1.11

Movinn AS Debt-to-Equity Historical Data

The historical data trend for Movinn 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.

Movinn AS Debt-to-Equity Chart

Movinn AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

3.00

6.26

0.78

0.87

1.09

Movinn AS Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.86	1.03	0.97	1.09	1.11

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

For the Real Estate Services subindustry, Movinn 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.

Movinn AS's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Movinn AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Movinn AS'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
	=	(2.286	+	19.873)	/	20.372
	=	1.09

Movinn AS'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
	=	(2.286	+	19.666)	/	19.809
	=	1.11

Movinn AS (OCSE:MOVINN) 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.

Movinn AS Debt-to-Equity Related Terms

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Movinn AS (OCSE:MOVINN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Movinn AS (OCSE:MOVINN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dronningens Tvaergade 9B, 1, Copenhagen, DNK, DK-1302

Website

https://www.movinn.com

Movinn AS is a provider of fully serviced apartments. It delivers services to mainly large domestic and international corporations and organizations. Its products are Serviced Apartments, Coliving, and Collective Yoyo, and the majority of the revenue comes from Serviced Apartments. Its Product is available in Denmark, Sweden, and Germany. The majority of the revenue comes from Denmark.

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