ABL Group ASA (OSL:ABL) Debt-to-Equity : 0.19 (As of Dec. 2023)

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What is ABL Group ASA Debt-to-Equity?

ABL Group ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr135 Mil. ABL Group ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr72 Mil. ABL Group ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr1,063 Mil. ABL Group ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

OSL:ABL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.23 Max: 0.32
Current: 0.19

During the past 11 years, the highest Debt-to-Equity Ratio of ABL Group ASA was 0.32. The lowest was 0.05. And the median was 0.23.

OSL:ABL's Debt-to-Equity is ranked better than
66.2% of 929 companies
in the Business Services industry
Industry Median: 0.37 vs OSL:ABL: 0.19

ABL Group ASA Debt-to-Equity Historical Data

The historical data trend for ABL Group 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.

ABL Group ASA Debt-to-Equity Chart

ABL Group ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.31

0.23

0.32

0.19

ABL Group ASA Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.32	N/A	0.21	0.19	0.19

Competitive Comparison of ABL Group ASA's Debt-to-Equity

For the Specialty Business Services subindustry, ABL Group 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.

ABL Group ASA's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABL Group ASA's Debt-to-Equity distribution charts can be found below:

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

ABL Group ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ABL Group 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
	=	(134.653	+	71.746)	/	1063.327
	=	0.19

ABL Group 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
	=	(134.653	+	71.746)	/	1063.327
	=	0.19

ABL Group ASA (OSL:ABL) 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.

ABL Group ASA Debt-to-Equity Related Terms

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ABL Group ASA (OSL:ABL) Business Description

Industry

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AQUAo:Sweden

Address

10 Lower Thames Street, 1st Floor, Northern and Shell Building, London, GBR, EC3R 6EN

Website

https://www.abl-group.com

ABL Group ASA is an independent energy and marine consultant working in energy and oceans to de-risk and drive the energy transition across the renewables, maritime, and oil and gas sectors, offering its clients expertise across marine, engineering, and adjusting disciplines from more than 300 locations world wide. It has offices majorly in marine and offshore energy hubs in countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.