Tekna Holding ASA (OSL:TEKNA) Debt-to-Equity : 1.29 (As of Dec. 2024)

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What is Tekna Holding ASA Debt-to-Equity?

Tekna Holding ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr8.4 Mil. Tekna Holding ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr260.9 Mil. Tekna Holding ASA's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr209.0 Mil. Tekna Holding ASA's debt to equity for the quarter that ended in Dec. 2024 was 1.29.

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

OSL:TEKNA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.98 Max: 8.61
Current: 1.29

During the past 6 years, the highest Debt-to-Equity Ratio of Tekna Holding ASA was 8.61. The lowest was 0.11. And the median was 0.98.

OSL:TEKNA's Debt-to-Equity is ranked worse than
90.17% of 1393 companies
in the Chemicals industry
Industry Median: 0.36 vs OSL:TEKNA: 1.29

Tekna Holding ASA Debt-to-Equity Historical Data

The historical data trend for Tekna Holding 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.

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Tekna Holding ASA Debt-to-Equity Chart

Tekna Holding ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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1.38

0.11

0.14

0.67

1.29

Tekna Holding ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.67	0.94	1.07	1.29	1.29

Competitive Comparison of Tekna Holding ASA's Debt-to-Equity

For the Specialty Chemicals subindustry, Tekna Holding 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.

Tekna Holding ASA's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tekna Holding ASA's Debt-to-Equity distribution charts can be found below:

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

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Tekna Holding ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tekna Holding ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(8.403	+	260.864)	/	208.995
	=	1.29

Tekna Holding ASA's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(8.403	+	260.864)	/	208.995
	=	1.29

Tekna Holding ASA (OSL:TEKNA) 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.

Tekna Holding ASA Debt-to-Equity Related Terms

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Tekna Holding ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tekna Holding ASA (OSL:TEKNA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8VB:Germany

Address

2935 Boul.Industriel, Sherbrooke, QC, CAN, J1L 2T9

Website

https://www.tekna.com

Tekna Holding ASA is a producer of micro and nano-sized materials. It develops, manufactures, and sells advanced micron and nanopowders as well as plasma process solutions. It has developed a unique and proprietary plasma technology platform for manufacturing micro and nano-sized powders for a range of industries. Its model relies on two revenue streams Development and sale of plasma systems and Development and sale of advanced powders. It has a geographic presence in North America, Europe, and Asia/the Rest of the world.

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