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Eik fasteignafelag hf (OISE:EIK) Debt-to-Equity : 1.56 (As of Mar. 2024)


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What is Eik fasteignafelag hf Debt-to-Equity?

Eik fasteignafelag hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr5,637 Mil. Eik fasteignafelag hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr74,247 Mil. Eik fasteignafelag hf's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr51,074 Mil. Eik fasteignafelag hf's debt to equity for the quarter that ended in Mar. 2024 was 1.56.

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 Eik fasteignafelag hf's Debt-to-Equity or its related term are showing as below:

OISE:EIK' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.52   Med: 1.89   Max: 2.24
Current: 1.56

During the past 13 years, the highest Debt-to-Equity Ratio of Eik fasteignafelag hf was 2.24. The lowest was 1.52. And the median was 1.89.

OISE:EIK's Debt-to-Equity is ranked worse than
75.16% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs OISE:EIK: 1.56

Eik fasteignafelag hf Debt-to-Equity Historical Data

The historical data trend for Eik fasteignafelag hf'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.

Eik fasteignafelag hf Debt-to-Equity Chart

Eik fasteignafelag hf 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 1.90 1.94 1.79 1.66 1.60

Eik fasteignafelag hf 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 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 1.75 1.52 1.59 1.60 1.56

Competitive Comparison of Eik fasteignafelag hf's Debt-to-Equity

For the Real Estate Services subindustry, Eik fasteignafelag hf'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.


Eik fasteignafelag hf's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Eik fasteignafelag hf's Debt-to-Equity falls into.



Eik fasteignafelag hf Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eik fasteignafelag hf's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Eik fasteignafelag hf's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Eik fasteignafelag hf  (OISE:EIK) 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.


Eik fasteignafelag hf Debt-to-Equity Related Terms

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Eik fasteignafelag hf (OISE:EIK) Business Description

Traded in Other Exchanges
N/A
Address
Soltun 26, Reykjavik, ISL, 105
Eik fasteignafelag hf is a real estate company. The company owns and leases real estate properties. Its real estate portfolio consists of housing, retail and office space in the business areas. It also engaged in leasing of commercial real estate. It offers spaces for offices, warehouses and retail spaces in both urban and rural area.

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