Beerenberg AS (FRA:ZA9) Debt-to-Equity : 0.55 (As of Sep. 2024)

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What is Beerenberg AS Debt-to-Equity?

Beerenberg AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €6.1 Mil. Beerenberg AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €34.9 Mil. Beerenberg AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €74.4 Mil. Beerenberg AS's debt to equity for the quarter that ended in Sep. 2024 was 0.55.

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

FRA:ZA9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.91 Max: 1.52
Current: 0.55

During the past 4 years, the highest Debt-to-Equity Ratio of Beerenberg AS was 1.52. The lowest was 0.54. And the median was 0.91.

FRA:ZA9's Debt-to-Equity is ranked worse than
55.41% of 823 companies
in the Oil & Gas industry
Industry Median: 0.47 vs FRA:ZA9: 0.55

Beerenberg AS Debt-to-Equity Historical Data

The historical data trend for Beerenberg 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.

Beerenberg AS Debt-to-Equity Chart

Beerenberg AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.52

1.36

1.24

0.59

Beerenberg AS Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial						N/A	0.59	0.55	0.54	0.55

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

For the Oil & Gas Equipment & Services subindustry, Beerenberg 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.

Beerenberg AS's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beerenberg AS's Debt-to-Equity distribution charts can be found below:

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

Beerenberg AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beerenberg 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
	=	(5.568	+	35.841)	/	70.538
	=	0.59

Beerenberg 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
	=	(6.107	+	34.861)	/	74.386
	=	0.55

Beerenberg AS (FRA:ZA9) 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.

Beerenberg AS Debt-to-Equity Related Terms

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Beerenberg AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beerenberg AS (FRA:ZA9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BBERG:Norway ZA9:Germany

Address

Kokstaddalen 33, P.O.Box 273, Slatthaug, Bergen, NOR, N-5851

Website

https://www.beerenberg.com

Beerenberg AS is a company engaged in contract work, production, industrial maintenance, trading, agency and commission work, and to take interests in other enterprises engaged in similar activities. Its business activities include service solutions for the oil and gas industry, covering the entire life cycle from field studies and newbuilds to maintenance, modifications, and lifetime extensions. The business area Services include Beerenberg's core ISS disciplines: insulation, scaffolding, and surface treatment, as well as passive fire protection, technical cleaning, rope access techniques, robotic surface treatment, and architectural outfitting services.

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