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DSV AS (WBO:DSV) Debt-to-Equity : 0.63 (As of Sep. 2024)


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What is DSV AS Debt-to-Equity?

DSV AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €618 Mil. DSV AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €5,475 Mil. DSV AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €9,648 Mil. DSV AS's debt to equity for the quarter that ended in Sep. 2024 was 0.63.

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 DSV AS's Debt-to-Equity or its related term are showing as below:

WBO:DSV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39   Med: 0.55   Max: 1.17
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of DSV AS was 1.17. The lowest was 0.39. And the median was 0.55.

WBO:DSV's Debt-to-Equity is ranked worse than
55.11% of 880 companies
in the Transportation industry
Industry Median: 0.54 vs WBO:DSV: 0.63

DSV AS Debt-to-Equity Historical Data

The historical data trend for DSV AS'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.

DSV AS Debt-to-Equity Chart

DSV AS 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 0.42 0.45 0.50 0.55 0.58

DSV AS 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 0.57 0.58 0.63 0.65 0.63

Competitive Comparison of DSV AS's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, DSV AS'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.


DSV AS's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's Debt-to-Equity distribution charts can be found below:

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



DSV AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DSV AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

DSV AS'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.


DSV AS  (WBO:DSV) 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.


DSV AS Debt-to-Equity Related Terms

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


DSV AS Business Description

Address
Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021, and is due to acquire DB Schenker in 2025, which would make it the largest sea freight forwarder.

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