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MPC Container Ships ASA (OSL:MPCC) Debt-to-Equity : 0.17 (As of Dec. 2023)


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What is MPC Container Ships ASA Debt-to-Equity?

MPC Container Ships ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr354 Mil. MPC Container Ships ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr981 Mil. MPC Container Ships ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr7,908 Mil. MPC Container Ships ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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 MPC Container Ships ASA's Debt-to-Equity or its related term are showing as below:

OSL:MPCC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.32   Max: 0.73
Current: 0.17

During the past 7 years, the highest Debt-to-Equity Ratio of MPC Container Ships ASA was 0.73. The lowest was 0.17. And the median was 0.32.

OSL:MPCC's Debt-to-Equity is ranked better than
81.14% of 880 companies
in the Transportation industry
Industry Median: 0.55 vs OSL:MPCC: 0.17

MPC Container Ships ASA Debt-to-Equity Historical Data

The historical data trend for MPC Container Ships 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.

MPC Container Ships ASA Debt-to-Equity Chart

MPC Container Ships ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.68 0.73 0.32 0.21 0.17

MPC Container Ships ASA Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.20 0.17 0.22 0.17

Competitive Comparison of MPC Container Ships ASA's Debt-to-Equity

For the Marine Shipping subindustry, MPC Container Ships 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.


MPC Container Ships ASA's Debt-to-Equity Distribution in the Transportation Industry

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

* The bar in red indicates where MPC Container Ships ASA's Debt-to-Equity falls into.



MPC Container Ships ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MPC Container Ships ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

MPC Container Ships ASA's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


MPC Container Ships ASA  (OSL:MPCC) 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.


MPC Container Ships ASA Debt-to-Equity Related Terms

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MPC Container Ships ASA (OSL:MPCC) Business Description

Traded in Other Exchanges
Address
Ruseløkkveien 34, Oslo, NOR, N-0251
MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. The group earns revenue from seaborne container transportation globally. The group has one reporting segment as it employs one type of vessel; Container Vessels.

MPC Container Ships ASA (OSL:MPCC) Headlines

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