VISTAL Gdynia (WAR:VTL) Debt-to-Equity : -0.04 (As of Sep. 2023)

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What is VISTAL Gdynia Debt-to-Equity?

VISTAL Gdynia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł14.96 Mil. VISTAL Gdynia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł1.83 Mil. VISTAL Gdynia's Total Stockholders Equity for the quarter that ended in Sep. 2023 was zł-485.52 Mil. VISTAL Gdynia's debt to equity for the quarter that ended in Sep. 2023 was -0.03.

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 VISTAL Gdynia's Debt-to-Equity or its related term are showing as below:

WAR:VTL' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.77 Med: 0.5 Max: 30.55
Current: -0.04

During the past 11 years, the highest Debt-to-Equity Ratio of VISTAL Gdynia was 30.55. The lowest was -12.77. And the median was 0.50.

WAR:VTL's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs WAR:VTL: -0.04

VISTAL Gdynia Debt-to-Equity Historical Data

The historical data trend for VISTAL Gdynia'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.

VISTAL Gdynia Debt-to-Equity Chart

VISTAL Gdynia Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-1.09

-12.52

-3.11

-1.29

-0.03

VISTAL Gdynia Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-0.71	-0.03	-0.03	-0.03	-0.04

Competitive Comparison of VISTAL Gdynia's Debt-to-Equity

For the Engineering & Construction subindustry, VISTAL Gdynia'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.

VISTAL Gdynia's Debt-to-Equity Distribution in the Construction Industry

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

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

VISTAL Gdynia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VISTAL Gdynia's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(12.745	+	1.997)	/	-477.746
	=	-0.03

VISTAL Gdynia's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(14.958	+	1.828)	/	-485.521
	=	-0.03

VISTAL Gdynia (WAR:VTL) 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.

VISTAL Gdynia Debt-to-Equity Related Terms

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VISTAL Gdynia (WAR:VTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » VISTAL Gdynia SA (WAR:VTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

ul. Hutnicza 40, Gdynia, POL, 81-061

Website

http://www.vistal.pl

VISTAL Gdynia SA is a leading manufacturer of steel structures for the construction, energy, shipbuilding and offshore industries. Geographically, the company operates in Poland and abroad. The business area of ??activity of the company is prefabrication, assembly, anti-corrosion works, testing of bridge, shipbuilding, wind energy and Offshore facilities.

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