Everfuel AS (OSL:EFUEL) Debt-to-Equity : 0.35 (As of Dec. 2023)

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What is Everfuel AS Debt-to-Equity?

Everfuel AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr200.81 Mil. Everfuel AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr26.81 Mil. Everfuel AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr658.14 Mil. Everfuel AS's debt to equity for the quarter that ended in Dec. 2023 was 0.35.

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

OSL:EFUEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.35
Current: 0.35

During the past 7 years, the highest Debt-to-Equity Ratio of Everfuel AS was 0.35. The lowest was 0.01. And the median was 0.12.

OSL:EFUEL's Debt-to-Equity is ranked better than
51.33% of 1391 companies
in the Chemicals industry
Industry Median: 0.36 vs OSL:EFUEL: 0.35

Everfuel AS Debt-to-Equity Historical Data

The historical data trend for Everfuel 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.

Everfuel AS Debt-to-Equity Chart

Everfuel AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

0.21

0.35

Everfuel AS Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														0.21	0.16	0.17	0.26	0.35

Competitive Comparison of Everfuel AS's Debt-to-Equity

For the Specialty Chemicals subindustry, Everfuel 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.

Everfuel AS's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Everfuel AS's Debt-to-Equity distribution charts can be found below:

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

Everfuel AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Everfuel 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
	=	(200.807	+	26.805)	/	658.135
	=	0.35

Everfuel AS's Debt to Equity Ratio for the quarter 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
	=	(200.807	+	26.805)	/	658.135
	=	0.35

Everfuel AS (OSL:EFUEL) 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.

Everfuel AS Debt-to-Equity Related Terms

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

Everfuel AS (OSL:EFUEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Everfuel AS (OSL:EFUEL) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

0HR:Germany

Address

Ost Hogildvej 4A, Herning, DNK, 7400

Website

https://www.everfuel.com

Everfuel AS owns and operates green hydrogen infrastructure and partners with vehicle OEMs to connect the entire hydrogen value chain and provide hydrogen fuel to enterprise customers under long-term contracts. The company operates hydrogen production (electrolyzers), hydrogen distribution, and hydrogen stations, serving mobility customers and industrial stakeholders with hydrogen on competitive, commercial terms. It offers all-inclusive hydrogen fueling solutions to buses, trucks, and taxis and delivery to vans, trains, private cars, and marine, as well as for industry stakeholders working with alternative hydrogen-based green fuels and Power to X-products.

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