Thessaloniki Port Authority (ATH:OLTH) Debt-to-Equity: 0.23 (As of Dec. 2025) — 15% Below Median

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ATH:OLTH Thessaloniki Port Authority SA ATH:OLTH
95 GF Score
Price €37.90
GF Value €31.72
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Thessaloniki Port Authority Debt-to-Equity?

Thessaloniki Port Authority ATH:OLTH +1.07% 95 Debt-to-Equity is 0.23 as of Dec. 2025, which is 15% below its 10-year median of 0.27. GuruFocus rates ATH:OLTH with a GF Score™ of 95/100 and a GF Value™ of €31.72 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 909 Transportation companies, Thessaloniki Port Authority ranks better than 74.7% on this metric.

Thessaloniki Port Authority's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €2.3 Mil. Thessaloniki Port Authority's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €44.8 Mil. Thessaloniki Port Authority's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €208.3 Mil. Thessaloniki Port Authority's debt to equity for the quarter that ended in Dec. 2025 was 0.23.

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 Thessaloniki Port Authority's Debt-to-Equity or its related term are showing as below:

ATH:OLTH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.27   Max: 0.31
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Thessaloniki Port Authority was 0.31. The lowest was 0.00. And the median was 0.27.

ATH:OLTH's Debt-to-Equity is ranked better than
74.7% of 909 companies
in the Transportation industry
Industry Median: 0.53 vs ATH:OLTH: 0.23

Thessaloniki Port Authority  (ATH:OLTH) 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.


Thessaloniki Port Authority Debt-to-Equity Related Terms


Thessaloniki Port Authority Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Thessaloniki Port Authority'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.

Thessaloniki Port Authority Debt-to-Equity Chart

Thessaloniki Port Authority Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.27 0.26 0.24 0.23

Thessaloniki Port Authority Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.25 0.24 0.24 0.23

Thessaloniki Port Authority Debt-to-Equity Competitor Comparison

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.


Thessaloniki Port Authority Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thessaloniki Port Authority's Debt-to-Equity falls into.


ATH:OLTH
95GF Score
Thessaloniki Port Authority SA ATH:OLTH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thessaloniki Port Authority Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thessaloniki Port Authority's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Thessaloniki Port Authority's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.23 mean?
Thessaloniki Port Authority (ATH:OLTH) has a Debt-to-Equity of 0.23 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thessaloniki Port Authority and its competitors. This is 15% below median its historical median of 0.27. According to the industry distribution chart, Thessaloniki Port Authority ranks #230 out of 909 companies in the Transportation industry, placing it in the top 25.3%.
Is Thessaloniki Port Authority's Debt-to-Equity too high?
Thessaloniki Port Authority's current Debt-to-Equity of 0.23 is 15% below median its 10-year median of 0.27. The Transportation industry median Debt-to-Equity is 0.53. Thessaloniki Port Authority's value of 0.23 is 56.6% below this industry median. Based on the distribution chart, Thessaloniki Port Authority ranks #230 out of 909 companies in the Transportation industry, which is above the industry midpoint. Overall, Thessaloniki Port Authority has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thessaloniki Port Authority's Debt-to-Equity compare to competitors?
According to the Transportation industry distribution chart, Thessaloniki Port Authority ranks #230 out of 909 companies for Debt-to-Equity. This puts Thessaloniki Port Authority in the upper half of its industry. The industry median Debt-to-Equity is 0.53. Thessaloniki Port Authority's value of 0.23 is 56.6% below this benchmark. While the company's 10-year median is 0.27 vs. the industry median of 0.53, Thessaloniki Port Authority has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thessaloniki Port Authority's current Debt-to-Equity of 0.23 is 56.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thessaloniki Port Authority and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thessaloniki Port Authority's current Debt-to-Equity is 0.23, which is 15% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thessaloniki Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Thessaloniki Port Authority (ATH:OLTH) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.72, compared to a current price of €37.90 — trading 19.5% above its estimated fair value. The current Debt-to-Equity is 0.23, which is 15% below median its 10-year median of 0.27 and 56.6% below the Transportation industry median of 0.53. Thessaloniki Port Authority's overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Thessaloniki Port Authority (ATH:OLTH), the current Debt-to-Equity is 0.23 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thessaloniki Port Authority (ATH:OLTH) Overvalued in 2026?

Based on GuruFocus' analysis, Thessaloniki Port Authority stock appears to be overvalued. The current stock price of €37.90 is trading 19.5% above its estimated GF Value™ of €31.72. GuruFocus considers Thessaloniki Port Authority to be Modestly Overvalued.

Key valuation signals for ATH:OLTH:

  • Debt-to-Equity: 0.23 (15% below median its 10-year median of 0.27)
  • GF Value™: €31.72 vs. price of €37.90 (19.5% above fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 56.6% below the Transportation median (#230 of 909)

No single metric tells the full story. See the ATH:OLTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thessaloniki Port Authority Business Description

Other Exchanges 03P:Germany
Address Pier No 1, Port of Thessaloniki, Thessaloniki, GRC, 54625
Thessaloniki Port Authority SA operates in the sector of auxiliary activities related to transportation, providing services at the Port of Thessaloniki, including loading and unloading of cargo, storage, port services and passenger traffic. Its business activities include services for unitized cargoes (containers), conventional cargoes (bulk, general and RO-RO), coastal and cruise passengers, vessels (anchoring, mooring, berthing and other services), users of port and non-port facilities including car parking operations, and intermodal transport services (dry-port) through the Company and its subsidiary ThPA Sofia EAD. The Company's operating segments are Container Terminal, Conventional Cargo, Passenger Traffic, Exploitation of Sites and Intermodal.
95GF Score

Get the complete analysis for ATH:OLTH

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.90
Price
€31.72
GF Value