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Baltic Sea Properties AS (OSL:BALT) Debt-to-Equity : 1.48 (As of Mar. 2024)


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What is Baltic Sea Properties AS Debt-to-Equity?

Baltic Sea Properties AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr33.43 Mil. Baltic Sea Properties AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr670.51 Mil. Baltic Sea Properties AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr476.52 Mil. Baltic Sea Properties AS's debt to equity for the quarter that ended in Mar. 2024 was 1.48.

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 Baltic Sea Properties AS's Debt-to-Equity or its related term are showing as below:

OSL:BALT' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.23   Med: 2.01   Max: 2.99
Current: 1.48

During the past 10 years, the highest Debt-to-Equity Ratio of Baltic Sea Properties AS was 2.99. The lowest was 1.23. And the median was 2.01.

OSL:BALT's Debt-to-Equity is ranked worse than
73.15% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs OSL:BALT: 1.48

Baltic Sea Properties AS Debt-to-Equity Historical Data

The historical data trend for Baltic Sea Properties 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.

Baltic Sea Properties AS Debt-to-Equity Chart

Baltic Sea Properties AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.25 1.23 1.54 1.52

Baltic Sea Properties AS Quarterly Data
Jun18 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.54 1.57 1.55 1.52 1.48

Competitive Comparison of Baltic Sea Properties AS's Debt-to-Equity

For the Real Estate Services subindustry, Baltic Sea Properties 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.


Baltic Sea Properties AS's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Baltic Sea Properties AS's Debt-to-Equity falls into.



Baltic Sea Properties AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baltic Sea Properties AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Baltic Sea Properties AS's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Baltic Sea Properties AS  (OSL:BALT) 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.


Baltic Sea Properties AS Debt-to-Equity Related Terms

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Baltic Sea Properties AS (OSL:BALT) Business Description

Traded in Other Exchanges
N/A
Address
Apotekergata 10B, Oslo, NOR, 0180
Baltic Sea Properties AS is an Norwegian based open-ended and fully integrated investment company. which invests, develops, rents, and realizes commercial real estate properties and logistic centers. The Company's operations consist of acquisition, development and letting of investment properties in Lithuania as well as some related business. They are owners, developers and managers of commercial real estate in the Baltics.