Telia Lietuva AB (OVSE:TEL1L) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is Telia Lietuva AB Debt-to-Equity?

Telia Lietuva AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €89.8 Mil. Telia Lietuva AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €41.5 Mil. Telia Lietuva AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €375.0 Mil. Telia Lietuva AB's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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 Telia Lietuva AB's Debt-to-Equity or its related term are showing as below:

OVSE:TEL1L' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.55 Max: 0.95
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Telia Lietuva AB was 0.95. The lowest was 0.00. And the median was 0.55.

OVSE:TEL1L's Debt-to-Equity is ranked better than
66.47% of 343 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs OVSE:TEL1L: 0.35

Telia Lietuva AB Debt-to-Equity Historical Data

The historical data trend for Telia Lietuva AB'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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Telia Lietuva AB Debt-to-Equity Chart

Telia Lietuva AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.60

0.55

0.65

0.52

0.42

Telia Lietuva AB 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															0.47	0.55	0.47	0.42	0.35

Competitive Comparison of Telia Lietuva AB's Debt-to-Equity

For the Telecom Services subindustry, Telia Lietuva AB'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.

Telia Lietuva AB's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telia Lietuva AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Telia Lietuva AB's Debt-to-Equity falls into.

Telia Lietuva AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Telia Lietuva AB'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
	=	(106.287	+	42.495)	/	356.828
	=	0.42

Telia Lietuva AB'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
	=	(89.784	+	41.537)	/	374.993
	=	0.35

Telia Lietuva AB (OVSE:TEL1L) 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.

Telia Lietuva AB Debt-to-Equity Related Terms

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Telia Lietuva AB (OVSE:TEL1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telia Lietuva AB (OVSE:TEL1L) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saltoniskiu str. 7A, Vilnius, LTU, LT-03501

Website

https://www.telia.lt

Telia Lietuva AB operates in the telecom industry engaged in telecommunications, TV, and IT services and solutions Throughout Lithuania. It provides services to residents, enterprises, public sector institutions, and non-governmental organizations. It is also a service provider to other local and international telecommunications operators. The company has three operating segments; The business customer segment (B2B) includes services sales and customer care for the business customers and operators including retail and wholesale telecommunication and IT services, The private customer segment (B2C) includes service and customer care for private customers, and the Other segment includes the technology division and the support units financial performance.

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