Kiriacoulis Mediterranean Cruises Shipping (ATH:KYRI) Debt-to-Equity : 0.96 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Kiriacoulis Mediterranean Cruises Shipping Debt-to-Equity?

Kiriacoulis Mediterranean Cruises Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.31 Mil. Kiriacoulis Mediterranean Cruises Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.29 Mil. Kiriacoulis Mediterranean Cruises Shipping's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7.91 Mil. Kiriacoulis Mediterranean Cruises Shipping's debt to equity for the quarter that ended in Dec. 2023 was 0.96.

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 Kiriacoulis Mediterranean Cruises Shipping's Debt-to-Equity or its related term are showing as below:

ATH:KYRI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.55 Max: 0.96
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Kiriacoulis Mediterranean Cruises Shipping was 0.96. The lowest was 0.40. And the median was 0.55.

ATH:KYRI's Debt-to-Equity is ranked worse than
67.67% of 696 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs ATH:KYRI: 0.96

Kiriacoulis Mediterranean Cruises Shipping Debt-to-Equity Historical Data

The historical data trend for Kiriacoulis Mediterranean Cruises Shipping'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.

Kiriacoulis Mediterranean Cruises Shipping Debt-to-Equity Chart

Kiriacoulis Mediterranean Cruises Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.44

0.79

0.92

0.86

0.96

Kiriacoulis Mediterranean Cruises Shipping 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	Get a 7-Day Free Trial															0.92	0.92	0.86	0.84	0.96

Competitive Comparison of Kiriacoulis Mediterranean Cruises Shipping's Debt-to-Equity

For the Leisure subindustry, Kiriacoulis Mediterranean Cruises Shipping'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.

Kiriacoulis Mediterranean Cruises Shipping's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kiriacoulis Mediterranean Cruises Shipping's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kiriacoulis Mediterranean Cruises Shipping's Debt-to-Equity falls into.

Kiriacoulis Mediterranean Cruises Shipping Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kiriacoulis Mediterranean Cruises Shipping'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
	=	(3.307	+	4.289)	/	7.912
	=	0.96

Kiriacoulis Mediterranean Cruises Shipping'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
	=	(3.307	+	4.289)	/	7.912
	=	0.96

Kiriacoulis Mediterranean Cruises Shipping (ATH:KYRI) 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.

Kiriacoulis Mediterranean Cruises Shipping Debt-to-Equity Related Terms

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

Kiriacoulis Mediterranean Cruises Shipping (ATH:KYRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kiriacoulis Mediterranean Cruises Shipping SA (ATH:KYRI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Alimou Avenue, Alimos, Athens, GRC, 174 55

Website

http://www.kiriacoulis.com

Kiriacoulis Mediterranean Cruises Shipping SA is company mainly engaged in the provision of yachting services to the professional and tourist sectors. The company is along with its subsidiaries is engaged in providing Professional sea tourism through pleasure boats and yachts, Tourist ports management, and Real estate services. Geographically it operates through the yacht and customer service points, of which seven are located in Greece, six in Italy, seven in Croatia, two in Turkey, two in the Caribbean, one in France and one in Malta.

Kiriacoulis Mediterranean Cruises Shipping (ATH:KYRI) Headlines

No Headlines