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Infortar AS (OTSE:INF1T) Debt-to-Equity : 0.54 (As of Dec. 2023)


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What is Infortar AS Debt-to-Equity?

Infortar AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €186 Mil. Infortar AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €255 Mil. Infortar AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €819 Mil. Infortar AS's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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

OTSE:INF1T' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54   Med: 0.7   Max: 0.87
Current: 0.54

During the past 4 years, the highest Debt-to-Equity Ratio of Infortar AS was 0.87. The lowest was 0.54. And the median was 0.70.

OTSE:INF1T's Debt-to-Equity is ranked worse than
75.57% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs OTSE:INF1T: 0.54

Infortar AS Debt-to-Equity Historical Data

The historical data trend for Infortar AS'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.

Infortar AS Debt-to-Equity Chart

Infortar AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.66 0.87 0.75 0.54

Infortar AS Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Debt-to-Equity 0.66 0.87 0.75 0.54

Competitive Comparison of Infortar AS's Debt-to-Equity

For the Asset Management subindustry, Infortar AS'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.

Infortar AS's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Infortar AS's Debt-to-Equity distribution charts can be found below:

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


Infortar AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Infortar AS'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
=(186.025 + 255.135) / 819.376
=0.54

Infortar AS'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
=(186.025 + 255.135) / 819.376
=0.54

* 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.

Infortar AS  (OTSE:INF1T) 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.

Infortar AS Debt-to-Equity Related Terms

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

Infortar AS (OTSE:INF1T) Business Description

Industry
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Comparable Companies
Traded in Other Exchanges
X8K:Germany
Address
Sadama 5, Tallinn, EST, 10111
Website
https://www.infortar.ee
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

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