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Jason Shipping ASA (OSL:JSHIP) Debt-to-Equity : -0.86 (As of Mar. 2013)


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What is Jason Shipping ASA Debt-to-Equity?

Jason Shipping ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was kr289.33 Mil. Jason Shipping ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was kr0.00 Mil. Jason Shipping ASA's Total Stockholders Equity for the quarter that ended in Mar. 2013 was kr-336.16 Mil. Jason Shipping ASA's debt to equity for the quarter that ended in Mar. 2013 was -0.86.

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 Jason Shipping ASA's Debt-to-Equity or its related term are showing as below:

OSL:JSHIP's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.57
* Ranked among companies with meaningful Debt-to-Equity only.

Jason Shipping ASA Debt-to-Equity Historical Data

The historical data trend for Jason Shipping 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.

* Premium members only.

Jason Shipping ASA Debt-to-Equity Chart

Jason Shipping ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 4.09 10.20 7.44 -0.76 -0.88

Jason Shipping ASA Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 -0.71 -0.84 -0.83 -0.88 -0.86

Competitive Comparison of Jason Shipping ASA's Debt-to-Equity

For the Marine Shipping subindustry, Jason Shipping 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.


Jason Shipping ASA's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jason Shipping ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jason Shipping ASA's Debt-to-Equity falls into.



Jason Shipping ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jason Shipping ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Jason Shipping ASA's Debt to Equity Ratio for the quarter that ended in Mar. 2013 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.


Jason Shipping ASA  (OSL:JSHIP) 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.


Jason Shipping ASA Debt-to-Equity Related Terms

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


Jason Shipping ASA (OSL:JSHIP) Business Description

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