Aker ASA (OSTO:AKERO) Debt-to-Equity : 0.68 (As of Dec. 2023)

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What is Aker ASA Debt-to-Equity?

Aker ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr3,816 Mil. Aker ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr26,527 Mil. Aker ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr44,930 Mil. Aker ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.68.

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

OSTO:AKERo' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 1.39 Max: 6.52
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Aker ASA was 6.52. The lowest was 0.68. And the median was 1.39.

OSTO:AKERo's Debt-to-Equity is ranked worse than
55.93% of 472 companies
in the Conglomerates industry
Industry Median: 0.56 vs OSTO:AKERo: 0.68

Aker ASA Debt-to-Equity Historical Data

The historical data trend for Aker 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 ASA Debt-to-Equity Chart

Aker ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.51

1.78

1.15

0.81

0.68

Aker ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.15	0.77	0.81	0.77	0.68

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

For the Conglomerates subindustry, Aker 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 ASA's Debt-to-Equity Distribution in the Conglomerates Industry

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

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

Aker ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aker 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
	=	(3816	+	26527)	/	44930
	=	0.68

Aker 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
	=	(3816	+	26527)	/	44930
	=	0.68

Aker ASA (OSTO:AKERo) 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 ASA Debt-to-Equity Related Terms

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

Aker ASA (OSTO:AKERO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aker ASA (OSTO:AKERo) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AKAAF:USA AKER:Norway AKERo:UK 0MJX:UK FKM:Germany

Address

Oksenoyveien 10, Lysaker, Oslo, NOR, 1366

Website

https://www.akerasa.com

Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. Investments are broken down into two portfolios; Industrial holdings are strategic assets and are managed with a long-term perspective. It comprises Aker's ownership interests in Aker BP, Aker Energy, Aker Solutions, Aker Horizons, Aker BioMarine, SalMar Aker Ocean, Cognite, and Aize, and Financial investments comprise cash, other assets, and the listed companies Akastor, AMSC, Philly Shipyard, and Solstad Offshore, in addition to ICP and Aker Property Group.

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