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Philly Shipyard ASA (OSTO:AKPSO) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Philly Shipyard ASA Debt-to-Equity?

Philly Shipyard ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0 Mil. Philly Shipyard ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0 Mil. Philly Shipyard ASA's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr-618 Mil. Philly Shipyard ASA's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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

OSTO:AKPSO' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.92   Med: 0.5   Max: 2.09
Current: -0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Philly Shipyard ASA was 2.09. The lowest was -2.92. And the median was 0.50.

OSTO:AKPSO's Debt-to-Equity is not ranked
in the Aerospace & Defense industry.
Industry Median: 0.37 vs OSTO:AKPSO: -0.13

Philly Shipyard ASA Debt-to-Equity Historical Data

The historical data trend for Philly Shipyard 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.

Philly Shipyard ASA Debt-to-Equity Chart

Philly Shipyard 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 0.66 0.02 0.02 0.04 1.34

Philly Shipyard 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 0.16 1.34 -2.92 - -

Competitive Comparison of Philly Shipyard ASA's Debt-to-Equity

For the Aerospace & Defense subindustry, Philly Shipyard 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.


Philly Shipyard ASA's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Philly Shipyard ASA's Debt-to-Equity distribution charts can be found below:

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



Philly Shipyard ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Philly Shipyard 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.


Philly Shipyard ASA  (OSTO:AKPSO) 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.


Philly Shipyard ASA Debt-to-Equity Related Terms

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Philly Shipyard ASA Business Description

Traded in Other Exchanges
Address
Vika Atrium, Munkedamsveien 45, Oslo, NOR, NO-0250
Philly Shipyard ASA operates as a commercial shipyard that constructs vessels for operation in the Jones Act market. It is engaged in delivering vessels and services under contract to customers. The Jones Act market encompasses all water-borne transportation between the United States ports, including between the mainland United States and non-contiguous areas of Alaska, Hawaii, and Puerto Rico.

Philly Shipyard ASA Headlines

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