KSTOF (Kistos Holdings) Debt-to-Equity : 3.43 (As of Jun. 2024)

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What is Kistos Holdings Debt-to-Equity?

Kistos Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.7 Mil. Kistos Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $242.6 Mil. Kistos Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $70.8 Mil. Kistos Holdings's debt to equity for the quarter that ended in Jun. 2024 was 3.43.

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 Kistos Holdings's Debt-to-Equity or its related term are showing as below:

KSTOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8 Med: 2.2 Max: 3.43
Current: 3.43

During the past 3 years, the highest Debt-to-Equity Ratio of Kistos Holdings was 3.43. The lowest was 0.80. And the median was 2.20.

KSTOF's Debt-to-Equity is ranked worse than
95.99% of 822 companies
in the Oil & Gas industry
Industry Median: 0.45 vs KSTOF: 3.43

Kistos Holdings Debt-to-Equity Historical Data

The historical data trend for Kistos Holdings'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.

Kistos Holdings Debt-to-Equity Chart

Kistos Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

2.06

0.80

2.64

Kistos Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			0.93	0.80	2.34	2.64	3.43

Competitive Comparison of Kistos Holdings's Debt-to-Equity

For the Oil & Gas E&P subindustry, Kistos Holdings'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.

Kistos Holdings's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

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Kistos Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kistos Holdings'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
	=	(0.326	+	239.137)	/	90.593
	=	2.64

Kistos Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.68	+	242.572)	/	70.844
	=	3.43

Kistos Holdings (OTCPK:KSTOF) 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.

Kistos Holdings Debt-to-Equity Related Terms

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Kistos Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kistos Holdings PLC (OTCPK:KSTOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KIST:UK LU0:Germany

Address

3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU

Website

https://www.kistosplc.com

Kistos Holdings PLC is established to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its principal area of activity is the acquisition and operation of companies or businesses in the energy sector, with a focus on upstream oil and gas activities. The company's reportable segments are; the Netherlands, comprising the production and sale of gas and other hydrocarbons in the Q10-A field and the related costs; the Norway segment comprises the production of oil from interests in the Balder and Ringhorne Ost fields offshore Norway; and the UK segment represents the production and sale of gas and other hydrocarbons from its interest in GLA and related costs.

Kistos Holdings Headlines

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