SalMar ASA (OSL:SALM) Debt-to-Equity : 0.79 (As of Dec. 2023)

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What is SalMar ASA Debt-to-Equity?

SalMar ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr2,024 Mil. SalMar ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr13,713 Mil. SalMar ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr19,901 Mil. SalMar ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.79.

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

OSL:SALM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.49 Max: 1.2
Current: 0.79

During the past 13 years, the highest Debt-to-Equity Ratio of SalMar ASA was 1.20. The lowest was 0.19. And the median was 0.49.

OSL:SALM's Debt-to-Equity is ranked worse than
70.49% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs OSL:SALM: 0.79

SalMar ASA Debt-to-Equity Historical Data

The historical data trend for SalMar 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.

SalMar ASA Debt-to-Equity Chart

SalMar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.42

0.61

0.49

1.20

0.79

SalMar ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.20	1.06	1.33	0.89	0.79

Competitive Comparison of SalMar ASA's Debt-to-Equity

For the Farm Products subindustry, SalMar 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.

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

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

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

SalMar ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SalMar 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
	=	(2024.495	+	13712.967)	/	19901.036
	=	0.79

SalMar ASA'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
	=	(2024.495	+	13712.967)	/	19901.036
	=	0.79

SalMar ASA (OSL:SALM) 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.

SalMar ASA Debt-to-Equity Related Terms

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

SalMar ASA (OSL:SALM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SALRY:USA SALRF:USA SALMO:Sweden 0FWY:UK JEP:Germany

Address

Industriveien 51, Kverva, NOR, N-7266

Website

https://www.salmar.no

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.