Aker Carbon Capture ASA (LTS:0ZCB) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Aker Carbon Capture ASA Debt-to-Equity?

Aker Carbon Capture ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr5 Mil. Aker Carbon Capture ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr37 Mil. Aker Carbon Capture ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr702 Mil. Aker Carbon Capture ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Aker Carbon Capture ASA's Debt-to-Equity or its related term are showing as below:

LTS:0ZCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.06
Current: 0.06

During the past 4 years, the highest Debt-to-Equity Ratio of Aker Carbon Capture ASA was 0.06. The lowest was 0.01. And the median was 0.02.

LTS:0ZCB's Debt-to-Equity is ranked better than
81.45% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs LTS:0ZCB: 0.06

Aker Carbon Capture ASA Debt-to-Equity Historical Data

The historical data trend for Aker Carbon Capture 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.

Aker Carbon Capture ASA Debt-to-Equity Chart

Aker Carbon Capture ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.03

0.02

0.01

0.06

Aker Carbon Capture ASA Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.01	0.01	-	-	0.06

Competitive Comparison of Aker Carbon Capture ASA's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Aker Carbon Capture 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.

Aker Carbon Capture ASA's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aker Carbon Capture ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aker Carbon Capture ASA's Debt-to-Equity falls into.

Aker Carbon Capture ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aker Carbon Capture 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
	=	(4.515	+	36.844)	/	701.956
	=	0.06

Aker Carbon Capture 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
	=	(4.515	+	36.844)	/	701.956
	=	0.06

Aker Carbon Capture ASA (LTS:0ZCB) 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.

Aker Carbon Capture ASA Debt-to-Equity Related Terms

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Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (LTS:0ZCB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AKCCF:USA ACCo:Sweden ACC:Norway 606:Germany

Address

Oksenoyveien 8, Lysaker, Baerum, NOR, 1366

Website

https://www.akercarboncapture.com

Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

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