The Kingfish Co NV (OSL:KING) Debt-to-Equity : 1.20 (As of Dec. 2023)

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What is The Kingfish Co NV Debt-to-Equity?

The Kingfish Co NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr12.9 Mil. The Kingfish Co NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1,124.6 Mil. The Kingfish Co NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr944.5 Mil. The Kingfish Co NV's debt to equity for the quarter that ended in Dec. 2023 was 1.20.

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 The Kingfish Co NV's Debt-to-Equity or its related term are showing as below:

OSL:KING' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.78 Max: 1.41
Current: 1.2

During the past 7 years, the highest Debt-to-Equity Ratio of The Kingfish Co NV was 1.41. The lowest was 0.16. And the median was 0.78.

OSL:KING's Debt-to-Equity is ranked worse than
82.08% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs OSL:KING: 1.20

The Kingfish Co NV Debt-to-Equity Historical Data

The historical data trend for The Kingfish Co NV'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.

The Kingfish Co NV Debt-to-Equity Chart

The Kingfish Co NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.42

0.18

0.16

0.78

1.20

The Kingfish Co NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.16	0.80	0.78	0.81	1.20

Competitive Comparison of The Kingfish Co NV's Debt-to-Equity

For the Packaged Foods subindustry, The Kingfish Co NV'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.

The Kingfish Co NV's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kingfish Co NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Kingfish Co NV's Debt-to-Equity falls into.

The Kingfish Co NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Kingfish Co NV'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
	=	(12.919	+	1124.587)	/	944.522
	=	1.20

The Kingfish Co NV'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
	=	(12.919	+	1124.587)	/	944.522
	=	1.20

The Kingfish Co NV (OSL:KING) 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.

The Kingfish Co NV Debt-to-Equity Related Terms

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The Kingfish Co NV (OSL:KING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kingfish Co NV (OSL:KING) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

93G:Germany

Address

East Zeedijk 13, Kats, NLD, 4485 PM

Website

https://www.the-kingfish-company.com

The Kingfish Co NV is involved in seafood production, utilizing advanced land-based recirculating aquaculture system technology. It produces Yellowtail Kingfish which is their main source of revenue, a highly versatile seafood species with an active vertically integrated operation in the Netherlands. the Company engages in the production and supply of sustainable, safe and high quality seafood in its target markets.