Zalaris ASA (OSTO:ZALO) Debt-to-Equity : 2.25 (As of Mar. 2024)

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What is Zalaris ASA Debt-to-Equity?

Zalaris ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr24 Mil. Zalaris ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr498 Mil. Zalaris ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr232 Mil. Zalaris ASA's debt to equity for the quarter that ended in Mar. 2024 was 2.25.

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

OSTO:ZALo' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 2.3 Max: 4.9
Current: 2.25

During the past 13 years, the highest Debt-to-Equity Ratio of Zalaris ASA was 4.90. The lowest was 0.01. And the median was 2.30.

OSTO:ZALo's Debt-to-Equity is ranked worse than
88.6% of 921 companies
in the Business Services industry
Industry Median: 0.37 vs OSTO:ZALo: 2.25

Zalaris ASA Debt-to-Equity Historical Data

The historical data trend for Zalaris 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.

Zalaris ASA Debt-to-Equity Chart

Zalaris ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.39

3.83

1.87

2.61

2.42

Zalaris 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															3.02	2.94	2.82	2.42	2.25

Competitive Comparison of Zalaris ASA's Debt-to-Equity

For the Staffing & Employment Services subindustry, Zalaris 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.

Zalaris ASA's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's Debt-to-Equity distribution charts can be found below:

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

Zalaris ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zalaris 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
	=	(29.226	+	468.549)	/	205.4
	=	2.42

Zalaris 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
	=	(23.96	+	498.17)	/	231.912
	=	2.25

Zalaris ASA (OSTO:ZALo) 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.

Zalaris ASA Debt-to-Equity Related Terms

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

Zalaris ASA (OSTO:ZALO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zalaris ASA (OSTO:ZALo) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZAL:Norway

Address

Hoffsveien 4, Oslo, NOR, NO-0275

Website

https://www.zalaris.com

Zalaris ASA is engaged in delivering full-service outsourced personnel and payroll services. The company has two reportable segments that are Managed Services and Professional Services. Managed services include payroll and HR outsourcing services, as well as related cloud system solutions and services. Professional Services include deliveries of change projects based on Zalaris templates or implementation of customer-specific functionality. Managed services contribute to the majority of the revenue. The company operates in Norway, Northern Europe, Central Europe, the United Kingdom, Ireland and APAC.

Zalaris ASA (OSTO:ZALO) Headlines

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