Eqva ASA (STU:1H2) Debt-to-Equity : 0.76 (As of Dec. 2023)

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What is Eqva ASA Debt-to-Equity?

Eqva ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €7.11 Mil. Eqva ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.66 Mil. Eqva ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €24.78 Mil. Eqva ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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

STU:1H2' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.95 Med: 0.68 Max: 4.11
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Eqva ASA was 4.11. The lowest was -11.95. And the median was 0.68.

STU:1H2's Debt-to-Equity is ranked better than
51.15% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.78 vs STU:1H2: 0.76

Eqva ASA Debt-to-Equity Historical Data

The historical data trend for Eqva 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.

Eqva ASA Debt-to-Equity Chart

Eqva ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-3.66

-11.95

0.02

0.60

0.76

Eqva ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.46	0.60	0.51	0.76

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

For the Utilities - Renewable subindustry, Eqva 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.

Eqva ASA's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eqva ASA's Debt-to-Equity distribution charts can be found below:

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

Eqva ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eqva 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
	=	(7.111	+	11.662)	/	24.782
	=	0.76

Eqva ASA's Debt to Equity Ratio for the quarter 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
	=	(7.111	+	11.662)	/	24.782
	=	0.76

Eqva ASA (STU:1H2) 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.

Eqva ASA Debt-to-Equity Related Terms

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

Eqva ASA (STU:1H2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Eqva ASA (STU:1H2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EQVAo:Sweden EQVA:Norway 1H2:Germany

Address

Mjolstadnesvegen, Fosnavag, NOR, 6092

Website

https://www.eqva.no

Eqva ASA is a knowledge-based active owner of engineering, construction, and service companies that contribute to the green transition in maritime, power-intensive, and renewable industries. It aims to become a fully integrated service and maintenance supplier for the Norwegian land-based and maritime industry. The business is organized into two business segments: Maritime Services and Products, solutions & renewables. The company's majority of its revenue comes from the Maritime Services segment.

Eqva ASA (STU:1H2) Headlines

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