Elektroimportoren AS (OSL:ELIMP) Debt-to-Equity : 1.11 (As of Jun. 2024)

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What is Elektroimportoren AS Debt-to-Equity?

Elektroimportoren AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr78 Mil. Elektroimportoren AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr589 Mil. Elektroimportoren AS's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr603 Mil. Elektroimportoren AS's debt to equity for the quarter that ended in Jun. 2024 was 1.11.

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

OSL:ELIMP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.11 Med: 1.97 Max: 4.73
Current: 1.11

During the past 8 years, the highest Debt-to-Equity Ratio of Elektroimportoren AS was 4.73. The lowest was 1.11. And the median was 1.97.

OSL:ELIMP's Debt-to-Equity is ranked worse than
71.36% of 1016 companies
in the Retail - Cyclical industry
Industry Median: 0.58 vs OSL:ELIMP: 1.11

Elektroimportoren AS Debt-to-Equity Historical Data

The historical data trend for Elektroimportoren 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.

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Elektroimportoren AS Debt-to-Equity Chart

Elektroimportoren AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.94

2.36

1.97

2.16

1.61

Elektroimportoren AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.71	1.73	1.61	1.18	1.11

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

For the Specialty Retail subindustry, Elektroimportoren 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.

Elektroimportoren AS's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Elektroimportoren AS's Debt-to-Equity distribution charts can be found below:

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

Elektroimportoren AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elektroimportoren 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
	=	(119.878	+	597.892)	/	446.867
	=	1.61

Elektroimportoren AS's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(78	+	589)	/	603
	=	1.11

Elektroimportoren AS (OSL:ELIMP) 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.

Elektroimportoren AS Debt-to-Equity Related Terms

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Elektroimportoren AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Elektroimportoren AS (OSL:ELIMP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9F9:Germany

Address

Nedre Kalbakkvei 88B, Oslo, NOR, 1081

Website

https://www.elektroimportoren.no

Elektroimportoren AS is engaged in the retail business of electrical equipment, lighting solutions, heating and ventilation solutions, electrical household appliances, power tools, hand tools, hardware, downlight cable, and other products. The company generates its sales through Stores, E-commerce, Order receipts, Freight, and others respectively. Geographically it generates a majority of its revenue from Norway.

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