Erria A/S (OCSE:ERRIA) Debt-to-Equity

: 1.53 (As of Dec. 2023)

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Erria A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr12.0 Mil. Erria A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.0 Mil. Erria A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr7.8 Mil. Erria A/S's debt to equity for the quarter that ended in Dec. 2023 was 1.53.

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 Erria A/S's Debt-to-Equity or its related term are showing as below:

OCSE:ERRIA' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.6 Med: 1.45 Max: 419.35
Current: 1.53

During the past 13 years, the highest Debt-to-Equity Ratio of Erria A/S was 419.35. The lowest was -1.60. And the median was 1.45.

OCSE:ERRIA's Debt-to-Equity is ranked worse than
81.6% of 886 companies
in the Transportation industry
Industry Median: 0.55 vs OCSE:ERRIA: 1.53

Erria A/S Debt-to-Equity Historical Data

The historical data trend for Erria A/S'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.

Erria A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-1.51

-1.35

-1.60

4.74

1.53

Erria A/S Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity																-1.60	22.21	4.74	2.24	1.53

Competitive Comparison

For the Marine Shipping subindustry, Erria A/S'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.

Erria A/S Debt-to-Equity Distribution

For the Transportation industry and Industrials sector, Erria A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Erria A/S's Debt-to-Equity falls into.

Erria A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Erria A/S'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
	=	(12.002	+	0)	/	7.823
	=	1.53

Erria A/S'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
	=	(12.002	+	0)	/	7.823
	=	1.53

Erria A/S (OCSE:ERRIA) 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.

Erria A/S Debt-to-Equity Related Terms

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Erria A/S (OCSE:ERRIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Erria A/S (OCSE:ERRIA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Torvet 21, 1. sal, Koge, DNK, DK-4600

Website

https://www.erria.dk

Erria A/S is involved in shipping, offshore and logistic activities. The company's objective is to gain extensive expertise in niche areas to obtain a favorable market position. It offers a wide range of services in a close partnership with the customer. The main business areas of the company are Ship Management, Marine Warranty Survey, Offshore Personnel Services, Service of life-saving and firefighting equipment and the largest contributor to group revenue and earnings, Logistics, which consists of container depot handling, maintenance and repair of containers in Vietnam & Ghana.

Erria A/S (OCSE:ERRIA) Headlines

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