Vow ASA (FRA:213) Debt-to-Equity : 1.84 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Vow ASA Debt-to-Equity?

Vow ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €26.78 Mil. Vow ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €35.98 Mil. Vow ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €34.13 Mil. Vow ASA's debt to equity for the quarter that ended in Dec. 2023 was 1.84.

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

FRA:213' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.58 Max: 1.84
Current: 1.84

During the past 13 years, the highest Debt-to-Equity Ratio of Vow ASA was 1.84. The lowest was 0.03. And the median was 0.58.

FRA:213's Debt-to-Equity is ranked worse than
95.44% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs FRA:213: 1.84

Vow ASA Debt-to-Equity Historical Data

The historical data trend for Vow 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.

Vow ASA Debt-to-Equity Chart

Vow ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.94

0.52

0.59

0.97

1.84

Vow 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															0.59	0.69	0.97	1.10	1.84

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

For the Pollution & Treatment Controls subindustry, Vow 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.

Vow ASA's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vow ASA's Debt-to-Equity distribution charts can be found below:

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

Vow ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vow 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
	=	(26.781	+	35.978)	/	34.127
	=	1.84

Vow 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
	=	(26.781	+	35.978)	/	34.127
	=	1.84

Vow ASA (FRA:213) 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.

Vow ASA Debt-to-Equity Related Terms

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

Vow ASA (FRA:213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vow ASA (FRA:213) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SSHPF:USA SSHIPo:Sweden VOW:Norway 0QTW:UK 213:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.vowasa.com

Vow ASA designs, engineers, and provide solutions for waste management and wastewater purification to markets globaly. The company offers solutions such as wastewater purification, food and industrial waste processing, production of renewable materials and products, molecules, and fuels from organic waste and biomass, valorization of non-recyclable plastic and polymers, and sterilization of food and electrified high-temperature processing of minerals. Its solutions convert biomass and waste into valuable resources and generate clean energy for marine applications and land-based industries. The company's operating segment includes Projects; Aftersales and Landbased. It generates maximum revenue from the Projects segment and Geographically from Europe.

Vow ASA (FRA:213) Headlines

No Headlines