VEON (VEON) Debt-to-Equity

: 7.24 (As of Jun. 2023)

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VEON's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1,869 Mil. VEON's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3,791 Mil. VEON's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $782 Mil. VEON's debt to equity for the quarter that ended in Jun. 2023 was 7.24.

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

VEON' s Debt-to-Equity Range Over the Past 10 Years
Min: -366.8 Med: 3 Max: 61.88
Current: 7.24

During the past 13 years, the highest Debt-to-Equity Ratio of VEON was 61.88. The lowest was -366.80. And the median was 3.00.

VEON's Debt-to-Equity is ranked worse than
96.84% of 348 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs VEON: 7.24

VEON Debt-to-Equity Historical Data

The historical data trend for VEON'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.

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VEON Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.14

8.44

61.88

18.17

14.38

VEON Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															26.22	18.17	21.29	14.38	7.24

Competitive Comparison

For the Telecom Services subindustry, VEON'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.

VEON Debt-to-Equity Distribution

For the Telecommunication Services industry and Communication Services sector, VEON's Debt-to-Equity distribution charts can be found below:

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

VEON Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VEON's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2844	+	5336)	/	569
	=	14.38

VEON's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1869	+	3791)	/	782
	=	7.24

VEON (NAS:VEON) 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.

VEON Debt-to-Equity Related Terms

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VEON (VEON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » VEON Ltd (NAS:VEON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VEON:Netherlands

Address

Claude Debussylaan 88, Amsterdam, NLD, 1082 MD

Website

https://www.veon.com

VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.