Aurora Eiendom AS (OSL:AURA) Debt-to-Equity : 1.19 (As of Mar. 2024)

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What is Aurora Eiendom AS Debt-to-Equity?

Aurora Eiendom AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr405.7 Mil. Aurora Eiendom AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4,271.7 Mil. Aurora Eiendom AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr3,940.6 Mil. Aurora Eiendom AS's debt to equity for the quarter that ended in Mar. 2024 was 1.19.

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

OSL:AURA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 1.21 Max: 1.24
Current: 1.19

During the past 3 years, the highest Debt-to-Equity Ratio of Aurora Eiendom AS was 1.24. The lowest was 0.99. And the median was 1.21.

OSL:AURA's Debt-to-Equity is ranked worse than
65.38% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs OSL:AURA: 1.19

Aurora Eiendom AS Debt-to-Equity Historical Data

The historical data trend for Aurora Eiendom 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.

Aurora Eiendom AS Debt-to-Equity Chart

Aurora Eiendom AS Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.99

1.24

1.22

Aurora Eiendom AS Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						1.21	1.22	1.22	1.22	1.19

Competitive Comparison of Aurora Eiendom AS's Debt-to-Equity

For the Real Estate Services subindustry, Aurora Eiendom 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.

Aurora Eiendom AS's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aurora Eiendom AS's Debt-to-Equity distribution charts can be found below:

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

Aurora Eiendom AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aurora Eiendom 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
	=	(3186.619	+	1533.265)	/	3875.998
	=	1.22

Aurora Eiendom AS's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(405.693	+	4271.718)	/	3940.575
	=	1.19

Aurora Eiendom AS (OSL:AURA) 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.

Aurora Eiendom AS Debt-to-Equity Related Terms

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Aurora Eiendom AS (OSL:AURA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aurora Eiendom AS (OSL:AURA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oravegen 4, Surnadal, NOR, 6650

Website

https://www.aurora.no

Aurora Eiendom AS is a Norwegian real estate company that owns, operates, and develops shopping destinations, and creates value for customers, tenants, and investors. The company intends to own shopping centers that have the potential to become leading in their local markets.