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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 HAV Group ASA's Debt-to-Equity or its related term are showing as below:
During the past 9 years, the highest Debt-to-Equity Ratio of HAV Group ASA was 1.32. The lowest was -3.32. And the median was 0.41.
OSL:HAV's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.53 * Ranked among companies with meaningful Debt-to-Equity only.
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.
HAV Group ASA Debt-to-Equity Related Terms
HAV Group ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for HAV Group ASA'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.
HAV Group ASA Debt-to-Equity Competitor Comparison
For the Marine Shipping subindustry, HAV Group ASA'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.
HAV Group ASA Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, HAV Group ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where HAV Group ASA's Debt-to-Equity falls into.
* 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.
HAV Group ASA (OSL:HAV) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HAV Group ASA and its competitors. According to the industry distribution chart, HAV Group ASA ranks #999999 out of 907 companies in the Transportation industry.
Is HAV Group ASA's Debt-to-Equity too high?
HAV Group ASA's current Debt-to-Equity is 0.00. Based on the distribution chart, HAV Group ASA ranks #999999 out of 907 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, HAV Group ASA has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's Debt-to-Equity compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #999999 out of 907 companies for Debt-to-Equity. This places HAV Group ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HAV Group ASA and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAV Group ASA's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.57, compared to a current price of kr14.00 — trading 11.4% above its estimated fair value. The current Debt-to-Equity is 0.00. HAV Group ASA's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For HAV Group ASA (OSL:HAV), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HAV Group ASA (OSL:HAV) Overvalued in 2026?
Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued.
The current stock price of kr14.00 is trading 11.4% above its estimated GF Value™ of kr12.57.
GuruFocus considers HAV Group ASA to be Modestly Overvalued.
Key valuation signals for OSL:HAV:
Debt-to-Equity: 0.00
GF Value™: kr12.57 vs. price of kr14.00 (11.4% above fair value)
No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
63GF Score
Get the complete analysis for OSL:HAV
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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