Entra ASA (FRA:2EN) Debt-to-Equity : 1.67 (As of Mar. 2024)

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What is Entra ASA Debt-to-Equity?

Entra ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €46.3 Mil. Entra ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,259.8 Mil. Entra ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,977.8 Mil. Entra ASA's debt to equity for the quarter that ended in Mar. 2024 was 1.67.

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

FRA:2EN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.1 Max: 1.99
Current: 1.67

During the past 13 years, the highest Debt-to-Equity Ratio of Entra ASA was 1.99. The lowest was 0.76. And the median was 1.10.

FRA:2EN's Debt-to-Equity is ranked worse than
77.21% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs FRA:2EN: 1.67

Entra ASA Debt-to-Equity Historical Data

The historical data trend for Entra 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.

* Premium members only.

Entra ASA Debt-to-Equity Chart

Entra ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.89

0.79

0.86

1.37

1.65

Entra ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.36	1.40	1.48	1.65	1.67

Competitive Comparison of Entra ASA's Debt-to-Equity

For the Real Estate Services subindustry, Entra 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.

Entra ASA's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Entra ASA's Debt-to-Equity distribution charts can be found below:

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

Entra ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Entra ASA'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
	=	(83.534	+	3316.686)	/	2067.062
	=	1.64

Entra ASA's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(46.294	+	3259.762)	/	1977.825
	=	1.67

Entra ASA (FRA:2EN) 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.

Entra ASA Debt-to-Equity Related Terms

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Entra ASA (FRA:2EN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Entra ASA (FRA:2EN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ENTRAO:Sweden ENTRA:Norway 0R3Y:UK

Address

Biskop Gunnerus Gate 14A, Oslo, NOR, 0185

Website

https://www.entra.no

Entra ASA owns, develops, and manages properties in Norway. Office properties make up nearly the entire property portfolio, which is concentrated in Oslo and in surrounding regions of Bergen, Stavanger, and Trondheim. The company primarily leases its properties to the public sector. Rental income accounts for nearly all the company's operating revenue. It also generates income through property appreciation and sale. Properties in Oslo make up more than half the value of the company's total property portfolio and comprise most of the company's rental income.

Entra ASA (FRA:2EN) Headlines

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