Hoegh Autoliners ASA (OSL:HAUTO) Debt-to-Equity : 0.47 (As of Mar. 2024)

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What is Hoegh Autoliners ASA Debt-to-Equity?

Hoegh Autoliners ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,622 Mil. Hoegh Autoliners ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4,167 Mil. Hoegh Autoliners ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr12,381 Mil. Hoegh Autoliners ASA's debt to equity for the quarter that ended in Mar. 2024 was 0.47.

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

OSL:HAUTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.62 Max: 1.75
Current: 0.47

During the past 6 years, the highest Debt-to-Equity Ratio of Hoegh Autoliners ASA was 1.75. The lowest was 0.36. And the median was 0.62.

OSL:HAUTO's Debt-to-Equity is ranked better than
55.62% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs OSL:HAUTO: 0.47

Hoegh Autoliners ASA Debt-to-Equity Historical Data

The historical data trend for Hoegh Autoliners 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.

Hoegh Autoliners ASA Debt-to-Equity Chart

Hoegh Autoliners ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.75

1.45

0.90

0.53

0.36

Hoegh Autoliners ASA Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.50	0.44	0.39	0.36	0.47

Competitive Comparison of Hoegh Autoliners ASA's Debt-to-Equity

For the Marine Shipping subindustry, Hoegh Autoliners 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.

Hoegh Autoliners ASA's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hoegh Autoliners ASA's Debt-to-Equity distribution charts can be found below:

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

Hoegh Autoliners ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoegh Autoliners 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
	=	(1385.97	+	3992.61)	/	14892.894
	=	0.36

Hoegh Autoliners 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
	=	(1621.826	+	4166.639)	/	12381.158
	=	0.47

Hoegh Autoliners ASA (OSL:HAUTO) 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.

Hoegh Autoliners ASA Debt-to-Equity Related Terms

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

Hoegh Autoliners ASA (OSL:HAUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hoegh Autoliners ASA (OSL:HAUTO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HOEGF:USA HAUTOo:Sweden V02:Germany

Address

Drammensveien 134, Oslo, NOR, N-0277

Website

https://www.hoeghautoliners.com

Hoegh Autoliners ASA is a provider of transportation services within the Roll-on Roll-off (RoRo) segment. The company's fleet of Pure Car and Truck Carriers sailing in trade systems combined with its local presence enable the company to cater for the specific needs of its customer. It offers deep sea transportation of RoRo cargo such as cars, high and heavy machinery and breakbulk. The company also offers tailor made logistics solutions through Autotrans Logistics, saving cost and time in their supply chain. The Group has two operating segments, Shipping services and Logistics services.

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