Asar hf (OISE:ASAR) Debt-to-Equity: 1.24 (As of Jun. 2026) — 110% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:ASAR Asar hf OISE:ASAR
94 GF Score
Price kr12.20
GF Value kr14.91
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asar hf Debt-to-Equity?

Asar hf OISE:ASAR -0.81% 94 Debt-to-Equity is 1.24 as of Jun. 2026, which is 110% above its 10-year median of 0.59. GuruFocus rates OISE:ASAR with a GF Score™ of 94/100 and a GF Value™ of kr14.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 324 Telecommunication Services companies, Asar hf ranks worse than 72.84% on this metric.

Asar hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr1,483 Mil. Asar hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr19,309 Mil. Asar hf's Total Stockholders Equity for the quarter that ended in Jun. 2026 was kr16,739 Mil. Asar hf's debt to equity for the quarter that ended in Jun. 2026 was 1.24.

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 Asar hf's Debt-to-Equity or its related term are showing as below:

OISE:ASAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.59   Max: 1.36
Current: 1.24

During the past 13 years, the highest Debt-to-Equity Ratio of Asar hf was 1.36. The lowest was 0.11. And the median was 0.59.

OISE:ASAR's Debt-to-Equity is ranked worse than
72.84% of 324 companies
in the Telecommunication Services industry
Industry Median: 0.61 vs OISE:ASAR: 1.24

Asar hf  (OISE:ASAR) 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.


Asar hf Debt-to-Equity Related Terms


Asar hf Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Asar hf'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.

Asar hf Debt-to-Equity Chart

Asar hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.25 0.60 0.95 1.14

Asar hf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.11 1.14 1.36 1.24

OISE:ASAR vs VZ, TMUS, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, Asar hf'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.


Asar hf Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Asar hf's Debt-to-Equity distribution charts can be found below:

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


OISE:ASAR
94GF Score
Asar hf OISE:ASAR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asar hf Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asar hf's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Asar hf's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.24 mean?
Asar hf (OISE:ASAR) has a Debt-to-Equity of 1.24 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asar hf and its competitors. This is 110% above median its historical median of 0.59. Over the past decade, Asar hf's Debt-to-Equity has ranged from 0.11 to 1.36. According to the industry distribution chart, Asar hf ranks #236 out of 324 companies in the Telecommunication Services industry, placing it in the top 72.8%.
Is Asar hf's Debt-to-Equity too high?
Asar hf's current Debt-to-Equity of 1.24 is 110% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.36. The Telecommunication Services industry median Debt-to-Equity is 0.61. Asar hf's value of 1.24 is 103.3% above this industry median. Based on the distribution chart, Asar hf ranks #236 out of 324 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Asar hf has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asar hf's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Asar hf ranks #236 out of 324 companies for Debt-to-Equity. This places Asar hf in the lower half of its industry. The industry median Debt-to-Equity is 0.61. Asar hf's value of 1.24 is 103.3% above this benchmark. Historically, Asar hf's own Debt-to-Equity has ranged from 0.11 to 1.36 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.61, Asar hf has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.61, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asar hf's current Debt-to-Equity of 1.24 is 103.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asar hf and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asar hf's current Debt-to-Equity is 1.24, which is 110% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asar hf stock overvalued right now?
Based on GuruFocus' analysis, Asar hf (OISE:ASAR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr14.91, compared to a current price of kr12.20 — trading 18.2% below its estimated fair value. The current Debt-to-Equity is 1.24, which is 110% above median its 10-year median of 0.59 and 103.3% above the Telecommunication Services industry median of 0.61. Asar hf's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Asar hf (OISE:ASAR), the current Debt-to-Equity is 1.24 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asar hf (OISE:ASAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asar hf stock appears to be undervalued. The current stock price of kr12.20 is trading 18.2% below its estimated GF Value™ of kr14.91. GuruFocus considers Asar hf to be Modestly Undervalued.

Key valuation signals for OISE:ASAR:

  • Debt-to-Equity: 1.24 (110% above median its 10-year median of 0.59)
  • GF Value™: kr14.91 vs. price of kr12.20 (18.2% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 103.3% above the Telecommunication Services median (#236 of 324)

No single metric tells the full story. See the OISE:ASAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asar hf Business Description

Address Armula 25, Reykjavik, ISL, 108
Siminn hf is an Iceland-based telecommunications company engaged in offering communication services. The operating segments of the company are Mobile, Internet, and Network; TV; Equipment sales; and Others. It derives a majority of the revenue from the Internet and Network segment, which involves revenue from data service, including xDSL service, GPON, Internet, IP net, core network, local loop, and access network. The Mobile segment involves revenue from mobile services in Iceland and abroad, whether traditional GSM service, satellite service, wholesale mobile service, or other mobile services.
94GF Score

Get the complete analysis for OISE:ASAR

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr12.20
Price
kr14.91
GF Value