Scana ASA (OSL:SCANA) Debt-to-Equity: 0.73 (As of Mar. 2026) — 32% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:SCANA Scana ASA OSL:SCANA
68 GF Score
Price kr1.48
GF Value kr2.20
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Scana ASA Debt-to-Equity?

Scana ASA OSL:SCANA 68 Debt-to-Equity is 0.73 as of Mar. 2026, which is 32% below its 10-year median of 1.07. GuruFocus rates OSL:SCANA with a GF Score™ of 68/100 and a GF Value™ of kr2.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,680 Industrial Products companies, Scana ASA ranks worse than 78.25% on this metric.

Scana ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr161 Mil. Scana ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr301 Mil. Scana ASA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr637 Mil. Scana ASA's debt to equity for the quarter that ended in Mar. 2026 was 0.73.

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

OSL:SCANA' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.09   Med: 1.07   Max: 13.73
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Scana ASA was 13.73. The lowest was -0.09. And the median was 1.07.

OSL:SCANA's Debt-to-Equity is ranked worse than
78.25% of 2680 companies
in the Industrial Products industry
Industry Median: 0.28 vs OSL:SCANA: 0.73

Scana ASA  (OSL:SCANA) 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.


Scana ASA Debt-to-Equity Related Terms


Scana ASA Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Scana 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.

Scana ASA Debt-to-Equity Chart

Scana ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 1.15 0.90 0.73 0.75

Scana ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.87 0.90 0.89 0.75 0.73

OSL:SCANA vs GEV, ETN, PH: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, Scana 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.


Scana ASA Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Scana ASA's Debt-to-Equity distribution charts can be found below:

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


OSL:SCANA
68GF Score
Scana ASA OSL:SCANA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scana ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Scana ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Scana ASA's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.73 mean?
Scana ASA (OSL:SCANA) has a Debt-to-Equity of 0.73 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Scana ASA and its competitors. This is 32% below median its historical median of 1.07. According to the industry distribution chart, Scana ASA ranks #2097 out of 2680 companies in the Industrial Products industry, placing it in the top 78.2%.
Is Scana ASA's Debt-to-Equity too high?
Scana ASA's current Debt-to-Equity of 0.73 is 32% below median its 10-year median of 1.07. The Industrial Products industry median Debt-to-Equity is 0.28. Scana ASA's value of 0.73 is 160.7% above this industry median. Based on the distribution chart, Scana ASA ranks #2097 out of 2680 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Scana ASA has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scana ASA's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Scana ASA ranks #2097 out of 2680 companies for Debt-to-Equity. This places Scana ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Scana ASA's value of 0.73 is 160.7% above this benchmark. While the company's 10-year median is 1.07 vs. the industry median of 0.28, Scana ASA has consistently been above the industry average. 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,680 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. Scana ASA's current Debt-to-Equity of 0.73 is 160.7% above the industry median. 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 Scana ASA and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scana ASA's current Debt-to-Equity is 0.73, which is 32% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scana ASA stock overvalued right now?
Based on GuruFocus' analysis, Scana ASA (OSL:SCANA) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.20, compared to a current price of kr1.48 — trading 32.7% below its estimated fair value. The current Debt-to-Equity is 0.73, which is 32% below median its 10-year median of 1.07 and 160.7% above the Industrial Products industry median of 0.28. Scana ASA's overall GF Score™ is 68/100 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 Scana ASA (OSL:SCANA), the current Debt-to-Equity is 0.73 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 Scana ASA (OSL:SCANA) Overvalued in 2026?

Based on GuruFocus' analysis, Scana ASA stock appears to be undervalued. The current stock price of kr1.48 is trading 32.7% below its estimated GF Value™ of kr2.20. GuruFocus considers Scana ASA to be Possible Value Trap.

Key valuation signals for OSL:SCANA:

  • Debt-to-Equity: 0.73 (32% below median its 10-year median of 1.07)
  • GF Value™: kr2.20 vs. price of kr1.48 (32.7% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 160.7% above the Industrial Products median (#2097 of 2680)

No single metric tells the full story. See the OSL:SCANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scana ASA Business Description

Address Wernersholmvegen 49, Paradis, Bergen, NOR, 5232
Scana ASA is an active industrial owner of technology and services for the offshore and energy industries. Along with its subsidiaries, the company operates in two business areas: Energy and Offshore. A majority of its revenue is generated from the Offshore segment, which delivers the design and manufacturing of riser applications and specialist subsea equipment to rig servicing, ISS services, mooring systems, and IMR lifecycle services for rigs and vessels, covering various products and services. In addition, it delivers mooring solutions and valve control systems to the shipping, energy, and aquaculture industries. Geographically, the group derives maximum revenue from Norway, followed by Other European countries, America, Asia, and Africa.
68GF Score

Get the complete analysis for OSL:SCANA

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr1.48
Price
kr2.20
GF Value