Viaplay Group AB (Viaplay Group AB) Debt-to-Equity : 0.53 (As of Mar. 2024)

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What is Viaplay Group AB Debt-to-Equity?

Viaplay Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10 Mil. Viaplay Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $207 Mil. Viaplay Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $410 Mil. Viaplay Group AB's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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

NENTF' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.02 Med: 0.54 Max: 7.51
Current: 0.53

During the past 8 years, the highest Debt-to-Equity Ratio of Viaplay Group AB was 7.51. The lowest was -7.02. And the median was 0.54.

NENTF's Debt-to-Equity is ranked worse than
63% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs NENTF: 0.53

Viaplay Group AB Debt-to-Equity Historical Data

The historical data trend for Viaplay Group AB'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.

Viaplay Group AB Debt-to-Equity Chart

Viaplay Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.91

1.59

0.46

0.50

-7.02

Viaplay Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.55	1.46	2.58	-7.02	0.53

Competitive Comparison of Viaplay Group AB's Debt-to-Equity

For the Entertainment subindustry, Viaplay Group AB'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.

Viaplay Group AB's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Viaplay Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viaplay Group AB'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
	=	(467.263	+	278.623)	/	-106.263
	=	-7.02

Viaplay Group AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(9.797	+	206.795)	/	410.227
	=	0.53

Viaplay Group AB (OTCPK:NENTF) 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.

Viaplay Group AB Debt-to-Equity Related Terms

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Viaplay Group AB (Viaplay Group AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Viaplay Group AB (OTCPK:NENTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NENTY:USA VPLAY B:Sweden VPLAY A:Sweden NEB:Germany NEB:Germany

Address

Ringvagen 52, Stockholm, SWE, 118 67

Website

https://www.viaplaygroup.com

Viaplay Group AB is a Sweden based company that offers television channels and radio stations broadcasting and production services. The company's operating segment includes Broadcasting and Streaming, which includes both pay-TV, free-TV and radio services for the Nordic region. Geographically, it derives a majority of revenue from Sweden and also has a presence in Norway; Denmark; Finland; United Kingdom and Other Countries.

Viaplay Group AB (Viaplay Group AB) Headlines

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