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AF Gruppen ASA (OSTO:AFGO) Debt-to-Equity : 0.79 (As of Sep. 2024)


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What is AF Gruppen ASA Debt-to-Equity?

AF Gruppen ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr956 Mil. AF Gruppen ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr828 Mil. AF Gruppen ASA's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr2,273 Mil. AF Gruppen ASA's debt to equity for the quarter that ended in Sep. 2024 was 0.78.

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

OSTO:AFGO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.42   Max: 1.16
Current: 0.79

During the past 13 years, the highest Debt-to-Equity Ratio of AF Gruppen ASA was 1.16. The lowest was 0.06. And the median was 0.42.

OSTO:AFGO's Debt-to-Equity is ranked worse than
68.16% of 1564 companies
in the Construction industry
Industry Median: 0.44 vs OSTO:AFGO: 0.79

AF Gruppen ASA Debt-to-Equity Historical Data

The historical data trend for AF Gruppen 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.

AF Gruppen ASA Debt-to-Equity Chart

AF Gruppen ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.43 0.38 0.55 0.58

AF Gruppen ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.06 0.58 0.69 0.87 0.79

Competitive Comparison of AF Gruppen ASA's Debt-to-Equity

For the Engineering & Construction subindustry, AF Gruppen 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.


AF Gruppen ASA's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Debt-to-Equity distribution charts can be found below:

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



AF Gruppen ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

AF Gruppen ASA's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


AF Gruppen ASA  (OSTO:AFGO) 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.


AF Gruppen ASA Debt-to-Equity Related Terms

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


AF Gruppen ASA Business Description

Traded in Other Exchanges
Address
Innspurten 15, P.O. box 6272, Oslo, NOR, 0663
AF Gruppen ASA A is one of Norway's leading contracting and industrial groups. It provides civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants. AF Gruppen's customers are primarily public agencies and private companies.

AF Gruppen ASA Headlines

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