Aker BioMarine ASA (OSL:AKBM) Debt-to-Equity : 1.14 (As of Mar. 2024)

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What is Aker BioMarine ASA Debt-to-Equity?

Aker BioMarine ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr665 Mil. Aker BioMarine ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr3,618 Mil. Aker BioMarine ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr3,763 Mil. Aker BioMarine ASA's debt to equity for the quarter that ended in Mar. 2024 was 1.14.

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 Aker BioMarine ASA's Debt-to-Equity or its related term are showing as below:

OSL:AKBM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.98 Max: 2.72
Current: 1.14

During the past 12 years, the highest Debt-to-Equity Ratio of Aker BioMarine ASA was 2.72. The lowest was 0.64. And the median was 0.98.

OSL:AKBM's Debt-to-Equity is ranked worse than
81.05% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs OSL:AKBM: 1.14

Aker BioMarine ASA Debt-to-Equity Historical Data

The historical data trend for Aker BioMarine ASA'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.

Aker BioMarine ASA Debt-to-Equity Chart

Aker BioMarine ASA Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.72

0.65

0.88

1.01

1.07

Aker BioMarine ASA Quarterly Data
	Dec18	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															1.13	1.17	1.14	1.07	1.14

Competitive Comparison of Aker BioMarine ASA's Debt-to-Equity

For the Packaged Foods subindustry, Aker BioMarine ASA'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.

Aker BioMarine ASA's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Aker BioMarine ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aker BioMarine ASA's Debt-to-Equity falls into.

Aker BioMarine ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aker BioMarine ASA'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
	=	(516.921	+	3628.994)	/	3867.41
	=	1.07

Aker BioMarine ASA'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
	=	(665.379	+	3617.665)	/	3763.051
	=	1.14

Aker BioMarine ASA (OSL:AKBM) 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.

Aker BioMarine ASA Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Aker BioMarine ASA's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Aker BioMarine ASA (OSL:AKBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Aker BioMarine ASA (OSL:AKBM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1PG:Germany

Address

Oksenoyveien 10, P.O. Box 496, Lysaker, NOR, NO-1327

Website

https://www.akerbiomarine.com

Aker BioMarine ASA is a supplier of krill-derived products, with a fully owned supply chain. The operations of the company span from harvesting krill in Antarctica with vessels owned by the company including distribution worldwide from Uruguay, and further processing of the krill into oil products in the United States. The segments of the company include 1) The Ingredients segment involves offshore harvesting and production, logistical operations, and onshore manufacturing and sales of krill-derived products. 2) The Brands segment focuses on human consumer goods, with Lang Pharma Nutrition (Lang) and Epion as its two main components. Lang produces and distributes private-label vitamins and supplements to retailers in the U.S. market and Epion is Aker BioMarine's consumer brand company.

Aker BioMarine ASA (OSL:AKBM) Headlines

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