Svitzer Group AS (CHIX:SVITZC) Debt-to-Equity : 0.61 (As of Dec. 2024)

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What is Svitzer Group AS Debt-to-Equity?

Svitzer Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr626 Mil. Svitzer Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr3,567 Mil. Svitzer Group AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr6,843 Mil. Svitzer Group AS's debt to equity for the quarter that ended in Dec. 2024 was 0.61.

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

CHIX:SVITZc' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.35 Max: 1.08
Current: 0.61

During the past 4 years, the highest Debt-to-Equity Ratio of Svitzer Group AS was 1.08. The lowest was 0.09. And the median was 0.35.

CHIX:SVITZc's Debt-to-Equity is ranked worse than
54.33% of 900 companies
in the Transportation industry
Industry Median: 0.51 vs CHIX:SVITZc: 0.61

Svitzer Group AS Debt-to-Equity Historical Data

The historical data trend for Svitzer Group 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.

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Svitzer Group AS Debt-to-Equity Chart

Svitzer Group AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.09

1.08

0.61

Svitzer Group AS Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			0.09	N/A	1.08	0.66	0.61

Competitive Comparison of Svitzer Group AS's Debt-to-Equity

For the Marine Shipping subindustry, Svitzer Group 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.

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

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

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

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Svitzer Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Svitzer Group AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(626	+	3567)	/	6843
	=	0.61

Svitzer Group AS's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(626	+	3567)	/	6843
	=	0.61

Svitzer Group AS (CHIX:SVITZc) 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.

Svitzer Group AS Debt-to-Equity Related Terms

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Svitzer Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Svitzer Group AS (CHIX:SVITZc) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SVZRF:USA SVITZR:Denmark 9Y1:Germany

Address

Sundkrogsgade 17, Copenhagen, DNK, 2100

Website

https://www.svitzer.com

Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage: In Harbour Towage, company enter into agreements with vessel owners or operators to provide towage services for their vessels in specific ports; and Terminal Towage , company enter into agreements with on and offshore terminal operators or other customers for the delivery of towage services by making a pre-determined number of tugboats, and sometimes other vessels, available to service all vessels that enter or leave the specific terminal. The company operates in various countries such as Australia, Europe, America, AMEA, with majority from Australia.

Svitzer Group AS Headlines

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