Salmon Evolution ASA (CHIX:SALMEO) Debt-to-Equity: 1.11 (As of Mar. 2026) — 247% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:SALMEO Salmon Evolution ASA CHIX:SALMEO
34 GF Score
Price kr7.71
GF Value kr15.27
! 6 Warning Signs
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What is Salmon Evolution ASA Debt-to-Equity?

Salmon Evolution ASA CHIX:SALMEO 34 Debt-to-Equity is 1.11 as of Mar. 2026, which is 247% above its 10-year median of 0.32. GuruFocus rates CHIX:SALMEO with a GF Score™ of 34/100 and a GF Value™ of kr15.27. The stock has 6 warning signs investors should review. Among 1,746 Consumer Packaged Goods companies, Salmon Evolution ASA ranks worse than 81.33% on this metric.

Salmon Evolution ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr2,198.6 Mil. Salmon Evolution ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr46.4 Mil. Salmon Evolution ASA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr2,024.3 Mil. Salmon Evolution ASA's debt to equity for the quarter that ended in Mar. 2026 was 1.11.

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

CHIX:SALMEo' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.32   Max: 1.11
Current: 1.11

During the past 7 years, the highest Debt-to-Equity Ratio of Salmon Evolution ASA was 1.11. The lowest was 0.00. And the median was 0.32.

CHIX:SALMEo's Debt-to-Equity is ranked worse than
81.33% of 1746 companies
in the Consumer Packaged Goods industry
Industry Median: 0.42 vs CHIX:SALMEo: 1.11

Salmon Evolution ASA  (CHIX:SALMEo) 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.


Salmon Evolution ASA Debt-to-Equity Related Terms


Salmon Evolution ASA Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Salmon Evolution 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.

Salmon Evolution ASA Debt-to-Equity Chart

Salmon Evolution ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.18 0.37 0.36 0.33 0.93

Salmon Evolution ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.47 0.51 0.74 0.93 1.11

CHIX:SALMEO vs ADM, BG, TSN: Debt-to-Equity Comparison

For the Farm Products subindustry, Salmon Evolution 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.


Salmon Evolution ASA Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salmon Evolution ASA's Debt-to-Equity distribution charts can be found below:

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


CHIX:SALMEO
34GF Score
Salmon Evolution ASA CHIX:SALMEO
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Salmon Evolution ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Salmon Evolution ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Salmon Evolution ASA's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 1.11 mean?
Salmon Evolution ASA (CHIX:SALMEO) has a Debt-to-Equity of 1.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Salmon Evolution ASA and its competitors. This is 247% above median its historical median of 0.32. According to the industry distribution chart, Salmon Evolution ASA ranks #1420 out of 1746 companies in the Consumer Packaged Goods industry, placing it in the top 81.3%.
Is Salmon Evolution ASA's Debt-to-Equity too high?
Salmon Evolution ASA's current Debt-to-Equity of 1.11 is 247% above median its 10-year median of 0.32. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Salmon Evolution ASA's value of 1.11 is 164.3% above this industry median. Based on the distribution chart, Salmon Evolution ASA ranks #1420 out of 1746 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Salmon Evolution ASA has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Salmon Evolution ASA's Debt-to-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Salmon Evolution ASA ranks #1420 out of 1746 companies for Debt-to-Equity. This places Salmon Evolution ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Salmon Evolution ASA's value of 1.11 is 164.3% above this benchmark. While the company's 10-year median is 0.32 vs. the industry median of 0.42, Salmon Evolution ASA has consistently been above 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,746 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. Salmon Evolution ASA's current Debt-to-Equity of 1.11 is 164.3% above 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 Salmon Evolution ASA and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salmon Evolution ASA's current Debt-to-Equity is 1.11, which is 247% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salmon Evolution ASA stock overvalued right now?
Salmon Evolution ASA (CHIX:SALMEO) has a current Debt-to-Equity of 1.11. The stock's GF Value™ is kr15.27, compared to a current price of kr7.71 — trading 49.5% below its estimated fair value. The current Debt-to-Equity is 1.11, which is 247% above median its 10-year median of 0.32 and 164.3% above the Consumer Packaged Goods industry median of 0.42. Salmon Evolution ASA's overall GF Score™ is 34/100 with 6 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 Salmon Evolution ASA (CHIX:SALMEO), the current Debt-to-Equity is 1.11 as of Mar. 2026. 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 Salmon Evolution ASA (CHIX:SALMEO) Overvalued in 2026?

Based on GuruFocus' analysis, Salmon Evolution ASA stock appears to be undervalued. The current stock price of kr7.71 is trading 49.5% below its estimated GF Value™ of kr15.27.

Key valuation signals for CHIX:SALMEO:

  • Debt-to-Equity: 1.11 (247% above median its 10-year median of 0.32)
  • GF Value™: kr15.27 vs. price of kr7.71 (49.5% below fair value)
  • GF Score™: 34/100 with 6 warning signs
  • Industry Position: 164.3% above the Consumer Packaged Goods median (#1420 of 1746)

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


Salmon Evolution ASA Business Description

Address Torget 5, Elnesvagen, Hustadvika, NOR, 6440
Salmon Evolution ASA is a land-based salmon farming company in Norway that uses hybrid flow-through system technology. Its production facility is in Indre Haroy, Norway, providing access to an experienced workforce, established infrastructure, renewable energy, and unlimited fresh seawater. The company has two reportable segments, which are Farming Norway and Other. Farming Norway includes Salmon Evolution Norway AS, Salmon Evolution Dale AS, and Salmon Evolution Sales AS, while the Other segment covers revenue and costs not attributable to the farming segment.
34GF Score

Get the complete analysis for CHIX:SALMEO

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

kr7.71
Price
kr15.27
GF Value