oOh media (ASX:OML) Debt-to-Equity : 1.09 (As of Dec. 2023)

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What is oOh media Debt-to-Equity?

oOh media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$125.4 Mil. oOh media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$681.5 Mil. oOh media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$742.2 Mil. oOh media's debt to equity for the quarter that ended in Dec. 2023 was 1.09.

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

ASX:OML' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.81 Max: 1.9
Current: 1.09

During the past 10 years, the highest Debt-to-Equity Ratio of oOh media was 1.90. The lowest was 0.34. And the median was 0.81.

ASX:OML's Debt-to-Equity is ranked worse than
80.21% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs ASX:OML: 1.09

oOh media Debt-to-Equity Historical Data

The historical data trend for oOh media'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.

oOh media Debt-to-Equity Chart

oOh media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.90

1.23

1.18

1.03

1.09

oOh media Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														1.18	1.14	1.03	1.18	1.09

Competitive Comparison of oOh media's Debt-to-Equity

For the Advertising Agencies subindustry, oOh media'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.

oOh media's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, oOh media's Debt-to-Equity distribution charts can be found below:

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

oOh media Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

oOh media'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
	=	(125.357	+	681.483)	/	742.234
	=	1.09

oOh media'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
	=	(125.357	+	681.483)	/	742.234
	=	1.09

oOh media (ASX:OML) 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.

oOh media Debt-to-Equity Related Terms

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

oOh media (ASX:OML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » oOh media Ltd (ASX:OML) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0OH:Germany

Address

73 Miller Street, Level 2, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.oohmedia.com.au

OOh media operates a network of outdoor advertising sites with a commanding share of the Australian market, and also has a large presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of outdoor marketers, and is particularly strong in the roadside billboard and retail (such as shopping malls) segments. OOh media offers these services by entering into lease arrangements with owners of outdoor sites--effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas. In late September 2018, the group completed the acquisition of Adshel from HT&E for AUD 570 million, a deal that cements its competitive position in the face of industry consolidation.

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