ADNOC Logistics & Services (ADX:ADNOCLS) Debt-to-Equity : 1.10 (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is ADNOC Logistics & Services Debt-to-Equity?

ADNOC Logistics & Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was د.إ36 Mil. ADNOC Logistics & Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was د.إ7,233 Mil. ADNOC Logistics & Services's Total Stockholders Equity for the quarter that ended in Dec. 2022 was د.إ6,612 Mil. ADNOC Logistics & Services's debt to equity for the quarter that ended in Dec. 2022 was 1.10.

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 ADNOC Logistics & Services's Debt-to-Equity or its related term are showing as below:

ADX:ADNOCLS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.76 Max: 1.1
Current: 1.1

During the past 2 years, the highest Debt-to-Equity Ratio of ADNOC Logistics & Services was 1.10. The lowest was 0.43. And the median was 0.76.

ADX:ADNOCLS's Debt-to-Equity is ranked worse than
73.24% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs ADX:ADNOCLS: 1.10

ADNOC Logistics & Services Debt-to-Equity Historical Data

The historical data trend for ADNOC Logistics & Services'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.

ADNOC Logistics & Services Debt-to-Equity Chart

ADNOC Logistics & Services Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.43

1.10

ADNOC Logistics & Services Semi-Annual Data
	Dec21	Dec22
Debt-to-Equity	0.43	1.10

Competitive Comparison of ADNOC Logistics & Services's Debt-to-Equity

For the Marine Shipping subindustry, ADNOC Logistics & Services'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.

ADNOC Logistics & Services's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ADNOC Logistics & Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ADNOC Logistics & Services's Debt-to-Equity falls into.

ADNOC Logistics & Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ADNOC Logistics & Services'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
	=	(35.878	+	7233.125)	/	6612.465
	=	1.10

ADNOC Logistics & Services's Debt to Equity Ratio for the quarter 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
	=	(35.878	+	7233.125)	/	6612.465
	=	1.10

ADNOC Logistics & Services (ADX:ADNOCLS) 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.

ADNOC Logistics & Services Debt-to-Equity Related Terms

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

ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ADNOC Logistics & Services plc (ADX:ADNOCLS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649

Website

https://www.adnoc.ae

ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

ADNOC Logistics & Services (ADX:ADNOCLS) Headlines

No Headlines