Aker BP ASA (OSL:AKRBP) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is Aker BP ASA Debt-to-Equity?

Aker BP ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,650 Mil. Aker BP ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr65,696 Mil. Aker BP ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr132,804 Mil. Aker BP ASA's debt to equity for the quarter that ended in Mar. 2024 was 0.51.

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

OSL:AKRBP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 1.18 Max: 7.74
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Aker BP ASA was 7.74. The lowest was 0.44. And the median was 1.18.

OSL:AKRBP's Debt-to-Equity is ranked worse than
55.3% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs OSL:AKRBP: 0.52

Aker BP ASA Debt-to-Equity Historical Data

The historical data trend for Aker BP 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 BP ASA Debt-to-Equity Chart

Aker BP ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.52

2.11

1.69

0.44

0.53

Aker BP ASA 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															0.46	0.51	0.50	0.53	0.52

Competitive Comparison of Aker BP ASA's Debt-to-Equity

For the Oil & Gas E&P subindustry, Aker BP 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 BP ASA's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker BP ASA's Debt-to-Equity distribution charts can be found below:

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

Aker BP ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aker BP 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
	=	(1568.696	+	67027.723)	/	130413.793
	=	0.53

Aker BP ASA'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
	=	(2649.841	+	65696.327)	/	132804.064
	=	0.51

Aker BP ASA (OSL:AKRBP) 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 BP ASA Debt-to-Equity Related Terms

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

Aker BP ASA (OSL:AKRBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (OSL:AKRBP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AKRBY:USA AKRBF:USA AKERBPo:Sweden AKRBPo:UK 0M5J:UK ARC1:Germany ARC:Germany ARC:Germany

Address

Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366

Website

https://www.akerbp.com

Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

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