Olav Thon Eiendomsselskap (OSTO:OLTO) Debt-to-Equity : 0.71 (As of Dec. 2023)

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What is Olav Thon Eiendomsselskap Debt-to-Equity?

Olav Thon Eiendomsselskap's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1,757 Mil. Olav Thon Eiendomsselskap's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr19,717 Mil. Olav Thon Eiendomsselskap's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr30,096 Mil. Olav Thon Eiendomsselskap's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

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 Olav Thon Eiendomsselskap's Debt-to-Equity or its related term are showing as below:

OSTO:OLTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.81 Max: 1.24
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Olav Thon Eiendomsselskap was 1.24. The lowest was 0.64. And the median was 0.81.

OSTO:OLTO's Debt-to-Equity is ranked better than
52.27% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs OSTO:OLTO: 0.71

Olav Thon Eiendomsselskap Debt-to-Equity Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap Debt-to-Equity Chart

Olav Thon Eiendomsselskap Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.80

0.77

0.66

0.64

0.71

Olav Thon Eiendomsselskap 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															0.64	0.66	0.68	0.68	0.71

Competitive Comparison of Olav Thon Eiendomsselskap's Debt-to-Equity

For the Real Estate Services subindustry, Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Olav Thon Eiendomsselskap's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Olav Thon Eiendomsselskap's Debt-to-Equity falls into.

Olav Thon Eiendomsselskap Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olav Thon Eiendomsselskap'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
	=	(1757	+	19717)	/	30096
	=	0.71

Olav Thon Eiendomsselskap'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
	=	(1757	+	19717)	/	30096
	=	0.71

Olav Thon Eiendomsselskap (OSTO:OLTO) 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.

Olav Thon Eiendomsselskap Debt-to-Equity Related Terms

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

Olav Thon Eiendomsselskap (OSTO:OLTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Olav Thon Eiendomsselskap (OSTO:OLTO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OLT:Norway 8IL:Germany

Address

Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105

Website

https://www.olt.no

Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

Olav Thon Eiendomsselskap (OSTO:OLTO) Headlines

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