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Kvika Banki hf (OISE:KVIKA) Debt-to-Equity : 0.65 (As of Dec. 2024)


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What is Kvika Banki hf Debt-to-Equity?

Kvika Banki hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr0 Mil. Kvika Banki hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr58,300 Mil. Kvika Banki hf's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr89,439 Mil. Kvika Banki hf's debt to equity for the quarter that ended in Dec. 2024 was 0.65.

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

OISE:KVIKA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49   Med: 0.76   Max: 3.13
Current: 0.65

During the past 10 years, the highest Debt-to-Equity Ratio of Kvika Banki hf was 3.13. The lowest was 0.49. And the median was 0.76.

OISE:KVIKA's Debt-to-Equity is ranked worse than
52.5% of 1482 companies
in the Banks industry
Industry Median: 0.59 vs OISE:KVIKA: 0.65

Kvika Banki hf Debt-to-Equity Historical Data

The historical data trend for Kvika Banki 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.

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Kvika Banki hf Debt-to-Equity Chart

Kvika Banki hf Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.49 0.77 0.83 0.65

Kvika Banki hf 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 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 0.83 0.74 0.79 0.79 0.65

Competitive Comparison of Kvika Banki hf's Debt-to-Equity

For the Banks - Regional subindustry, Kvika Banki 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.


Kvika Banki hf's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kvika Banki hf's Debt-to-Equity distribution charts can be found below:

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


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Kvika Banki hf Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kvika Banki hf's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Kvika Banki hf's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Kvika Banki hf  (OISE:KVIKA) 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.


Kvika Banki hf Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kvika Banki hf's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Kvika Banki hf Business Description

Traded in Other Exchanges
N/A
Address
Katrinartun 2, Reykjavik, ISL, 105
Kvika Banki hf is an Iceland-based company engaged in providing financial services in the fields of lending, securities and currency trading, and corporate consulting. It offers businesses, investors, and individuals comprehensive investment banking and asset management services as well as selected banking services. The company's reportable segments are Commercial Banking, Corporate Banking and Capital Markets, Asset Management and UK operations. It derives a majority of its revenue from Corporate Banking and Capital Markets which offers a range of professional services in the fields of specialised financing, securities and foreign exchange transactions, and corporate finance services.

Kvika Banki hf Headlines

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