Ringkjoebing Landbobank AS (FRA:CJ2) Debt-to-Equity : 0.89 (As of Dec. 2024)

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What is Ringkjoebing Landbobank AS Debt-to-Equity?

Ringkjoebing Landbobank AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.0 Mil. Ringkjoebing Landbobank AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €1,314.3 Mil. Ringkjoebing Landbobank AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €1,479.6 Mil. Ringkjoebing Landbobank AS's debt to equity for the quarter that ended in Dec. 2024 was 0.89.

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

FRA:CJ2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.79 Max: 1.06
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Ringkjoebing Landbobank AS was 1.06. The lowest was 0.57. And the median was 0.79.

FRA:CJ2's Debt-to-Equity is ranked worse than
62.43% of 1472 companies
in the Banks industry
Industry Median: 0.61 vs FRA:CJ2: 0.89

Ringkjoebing Landbobank AS Debt-to-Equity Historical Data

The historical data trend for Ringkjoebing Landbobank 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.

Ringkjoebing Landbobank AS Debt-to-Equity Chart

Ringkjoebing Landbobank AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.78

0.81

1.06

0.89

Ringkjoebing Landbobank AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.89	0.87	0.93	0.84	0.89

Competitive Comparison of Ringkjoebing Landbobank AS's Debt-to-Equity

For the Banks - Regional subindustry, Ringkjoebing Landbobank 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.

Ringkjoebing Landbobank AS's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ringkjoebing Landbobank AS's Debt-to-Equity distribution charts can be found below:

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

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Ringkjoebing Landbobank AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ringkjoebing Landbobank 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
	=	(0	+	1314.316)	/	1479.582
	=	0.89

Ringkjoebing Landbobank 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
	=	(0	+	1314.316)	/	1479.582
	=	0.89

Ringkjoebing Landbobank AS (FRA:CJ2) 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.

Ringkjoebing Landbobank AS Debt-to-Equity Related Terms

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Ringkjoebing Landbobank AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ringkjoebing Landbobank AS (FRA:CJ2) » Definitions » Debt-to-Equity

Traded in Other Exchanges

RILBAc:UK 0RPR:UK RILBA:Denmark

Address

Torvet 1, Ringkobing, DNK, 6950

Website

http://www.landbobanken.com

Ringkjoebing Landbobank AS is a bank that carries out its operating activities in Denmark. A majority of the bank's core income is net interest income. Maximum of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture. The services offered are Online banking, Mobile banking, MasterCard, MobilePay, Currency calculator, Block card, MitID etc.

Ringkjoebing Landbobank AS Headlines

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