DFDS AS (CHIX:DFDSC) Debt-to-Equity : 1.16 (As of Sep. 2024)

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What is DFDS AS Debt-to-Equity?

DFDS AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr1,249 Mil. DFDS AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr15,212 Mil. DFDS AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr14,190 Mil. DFDS AS's debt to equity for the quarter that ended in Sep. 2024 was 1.16.

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 DFDS AS's Debt-to-Equity or its related term are showing as below:

CHIX:DFDSc' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 1.19 Max: 1.39
Current: 1.16

During the past 13 years, the highest Debt-to-Equity Ratio of DFDS AS was 1.39. The lowest was 0.45. And the median was 1.19.

CHIX:DFDSc's Debt-to-Equity is ranked worse than
74.38% of 882 companies
in the Transportation industry
Industry Median: 0.54 vs CHIX:DFDSc: 1.16

DFDS AS Debt-to-Equity Historical Data

The historical data trend for DFDS AS'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.

DFDS AS Debt-to-Equity Chart

DFDS AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.24

1.20

1.25

1.19

1.12

DFDS AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.20	1.12	1.27	1.20	1.16

Competitive Comparison of DFDS AS's Debt-to-Equity

For the Marine Shipping subindustry, DFDS AS'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.

DFDS AS's Debt-to-Equity Distribution in the Transportation Industry

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

* The bar in red indicates where DFDS AS's Debt-to-Equity falls into.

DFDS AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DFDS AS'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
	=	(2336	+	13134)	/	13827
	=	1.12

DFDS AS's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1249	+	15212)	/	14190
	=	1.16

DFDS AS (CHIX:DFDSc) 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.

DFDS AS Debt-to-Equity Related Terms

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DFDS AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DFDS AS (CHIX:DFDSc) » Definitions » Debt-to-Equity

Traded in Other Exchanges

DFDDF:USA 0RB3:UK DFDS:Denmark 29K:Germany 29K:Germany

Address

Marmorvej 18, Copenhagen, DNK, DK-2100

Website

https://www.dfds.com

DFDS AS is a transportation and logistics company domiciled in Denmark. The two main divisions are the ferry division and the logistics division. The ferry division operates ferry routes around Europe transporting freight, passenger, and passenger cruise ferries. The logistics division provides transport solutions for full and part loads as well as contracts logistics solutions, including warehousing. Its main customers include manufacturers of industrial goods. The company generates the majority of its revenue from the ferry division. It has a presence in geographical markets such as the North Sea, Baltic Sea, English Channel, Mediterranean, continental Europe, Nordic nations, and the United Kingdom/Ireland.

DFDS AS Headlines

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