DHT Holdings (DHT Holdings) Equity-to-Asset : 0.69 (As of Dec. 2023)

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What is DHT Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DHT Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,027.2 Mil. DHT Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,492.2 Mil. Therefore, DHT Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

The historical rank and industry rank for DHT Holdings's Equity-to-Asset or its related term are showing as below:

DHT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.53 Max: 0.71
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of DHT Holdings was 0.71. The lowest was 0.46. And the median was 0.53.

DHT's Equity-to-Asset is ranked better than
73.53% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.51 vs DHT: 0.69

DHT Holdings Equity-to-Asset Historical Data

The historical data trend for DHT Holdings's Equity-to-Asset 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.

DHT Holdings Equity-to-Asset Chart

DHT Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.51

0.68

0.65

0.71

0.69

DHT Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.71	0.71	0.71	0.68	0.69

Competitive Comparison of DHT Holdings's Equity-to-Asset

For the Oil & Gas Midstream subindustry, DHT Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

DHT Holdings's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where DHT Holdings's Equity-to-Asset falls into.

DHT Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

DHT Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1027.154	/	1492.223
	=	0.69

DHT Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1027.154	/	1492.223
	=	0.69

DHT Holdings (NYSE:DHT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

DHT Holdings Equity-to-Asset Related Terms

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

DHT Holdings (DHT Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DHT Holdings Inc (NYSE:DHT) » Definitions » Equity-to-Asset

Comparable Companies

TNK LPG GLP GEL KNTK GLNG NVGS INSW HESM NS TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

DHT:Mexico D8EN:Germany

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://www.dhtankers.com

DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.