Kongsberg Automotive Holdings ASA (OSL:KOA) Debt-to-Equity : 1.21 (As of Mar. 2024)

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What is Kongsberg Automotive Holdings ASA Debt-to-Equity?

Kongsberg Automotive Holdings ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr121 Mil. Kongsberg Automotive Holdings ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,908 Mil. Kongsberg Automotive Holdings ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr2,503 Mil. Kongsberg Automotive Holdings ASA's debt to equity for the quarter that ended in Mar. 2024 was 1.21.

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 Kongsberg Automotive Holdings ASA's Debt-to-Equity or its related term are showing as below:

OSL:KOA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 1.26 Max: 1.82
Current: 1.21

During the past 13 years, the highest Debt-to-Equity Ratio of Kongsberg Automotive Holdings ASA was 1.82. The lowest was 0.90. And the median was 1.26.

OSL:KOA's Debt-to-Equity is ranked worse than
79.76% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs OSL:KOA: 1.21

Kongsberg Automotive Holdings ASA Debt-to-Equity Historical Data

The historical data trend for Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA Debt-to-Equity Chart

Kongsberg Automotive Holdings ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.38

1.56

1.41

0.97

1.24

Kongsberg Automotive Holdings ASA Quarterly Data
	Jun19	Sep19	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															1.01	1.08	1.02	1.24	1.21

Competitive Comparison of Kongsberg Automotive Holdings ASA's Debt-to-Equity

For the Auto Parts subindustry, Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kongsberg Automotive Holdings ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kongsberg Automotive Holdings ASA's Debt-to-Equity falls into.

Kongsberg Automotive Holdings ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kongsberg Automotive Holdings ASA'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
	=	(117.343	+	2930.133)	/	2458.459
	=	1.24

Kongsberg Automotive Holdings ASA's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(121.116	+	2907.946)	/	2503.071
	=	1.21

Kongsberg Automotive Holdings ASA (OSL:KOA) 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.

Kongsberg Automotive Holdings ASA Debt-to-Equity Related Terms

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

Kongsberg Automotive Holdings ASA (OSL:KOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kongsberg Automotive Holdings ASA (OSL:KOA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KGAUF:USA KOAo:Sweden KOAo:UK K3A:Germany

Address

Europaallee 39, Zurich, CHE, 8004

Website

https://www.kongsbergautomotive.com

Kongsberg Automotive Holdings ASA is a Norway-based company that develops, manufactures and sells products to the automotive industry. The company has organized its businesses into two segments, namely Powertrain and Chassis Products and Specialty Products. The Powertrain and Chassis Products business segment is comprised of the Driveline and On-Highway business units, while the business units under the Specialty Products business segment are Couplings, Fluid Transfer Systems (FTS), and Off-Highway.

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