Viking Line Abp (OHEL:VIK1V) Debt-to-Equity : 0.49 (As of Mar. 2025)

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What is Viking Line Abp Debt-to-Equity?

Viking Line Abp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was €24.2 Mil. Viking Line Abp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was €123.1 Mil. Viking Line Abp's Total Stockholders Equity for the quarter that ended in Mar. 2025 was €300.8 Mil. Viking Line Abp's debt to equity for the quarter that ended in Mar. 2025 was 0.49.

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 Viking Line Abp's Debt-to-Equity or its related term are showing as below:

OHEL:VIK1V' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.68 Max: 1.11
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Viking Line Abp was 1.11. The lowest was 0.45. And the median was 0.68.

OHEL:VIK1V's Debt-to-Equity is ranked better than
52.06% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs OHEL:VIK1V: 0.49

Viking Line Abp Debt-to-Equity Historical Data

The historical data trend for Viking Line Abp'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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Viking Line Abp Debt-to-Equity Chart

Viking Line Abp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.68

1.04

0.73

0.56

0.45

Viking Line Abp Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															0.60	0.60	0.52	0.45	0.49

Competitive Comparison of Viking Line Abp's Debt-to-Equity

For the Marine Shipping subindustry, Viking Line Abp'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.

Viking Line Abp's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Viking Line Abp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Viking Line Abp's Debt-to-Equity falls into.

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Viking Line Abp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viking Line Abp'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
	=	(29.9	+	115.8)	/	321.5
	=	0.45

Viking Line Abp's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(24.2	+	123.1)	/	300.8
	=	0.49

Viking Line Abp (OHEL:VIK1V) 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.

Viking Line Abp Debt-to-Equity Related Terms

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Viking Line Abp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Viking Line Abp (OHEL:VIK1V) » Definitions » Debt-to-Equity

Traded in Other Exchanges

VKGLF:USA 0GFY:UK

Address

Norragatan 4, P.O. Box 166, Aland, Mariehamn, FIN, AX-22101

Website

https://www.vikingline.fi

Viking Line Abp is a Finland-based company engaged in providing passenger and cargo carrier services in the northern Baltic Sea. The group's operations are divided into two operating segments: Vessels and Unallocated. The Vessel operating segment, which is the key revenue driver, comprises direct revenue and expenses, including depreciation and amortization that are attributable to vessel operations. The Unallocated operating segment mainly comprises unallocated marketing and administrative expenses. The business of the group is mainly operated in Finland.

Viking Line Abp Headlines

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