Polaris Media ASA (OSL:POL) Debt-to-Equity : 0.45 (As of Mar. 2024)

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What is Polaris Media ASA Debt-to-Equity?

Polaris Media ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr164 Mil. Polaris Media ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,080 Mil. Polaris Media ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr2,787 Mil. Polaris Media ASA's debt to equity for the quarter that ended in Mar. 2024 was 0.45.

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

OSL:POL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.29 Max: 0.58
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Polaris Media ASA was 0.58. The lowest was 0.14. And the median was 0.29.

OSL:POL's Debt-to-Equity is ranked worse than
59.6% of 844 companies
in the Media - Diversified industry
Industry Median: 0.29 vs OSL:POL: 0.45

Polaris Media ASA Debt-to-Equity Historical Data

The historical data trend for Polaris Media 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.

Polaris Media ASA Debt-to-Equity Chart

Polaris Media ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.36

0.28

0.30

0.38

Polaris Media 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															0.29	0.28	0.32	0.38	0.45

Competitive Comparison of Polaris Media ASA's Debt-to-Equity

For the Publishing subindustry, Polaris Media 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.

Polaris Media ASA's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Polaris Media ASA's Debt-to-Equity distribution charts can be found below:

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

Polaris Media ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polaris Media 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
	=	(160.356	+	1083.741)	/	3312.924
	=	0.38

Polaris Media 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
	=	(163.8	+	1079.9)	/	2787
	=	0.45

Polaris Media ASA (OSL:POL) 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.

Polaris Media ASA Debt-to-Equity Related Terms

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

Polaris Media ASA (OSL:POL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Polaris Media ASA (OSL:POL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

93J:Germany

Address

Ferjemannsveien 10, Trondheim, NOR, 7042

Website

http://www.polarismedia.no

Polaris Media ASA is the largest media house and printing group. It owns and operates media houses, distribution companies and printing companies in Norway and on the west coast of Sweden. The company places great emphasis on the development of journalists as well as the individual media house's social missions and has a strong regional and local foundation with editorial freedom, independence, and transparency.

Polaris Media ASA (OSL:POL) Headlines

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