LINK Mobility Group Holding ASA (OSL:LINK) Debt-to-Equity : 0.74 (As of Dec. 2023)

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What is LINK Mobility Group Holding ASA Debt-to-Equity?

LINK Mobility Group Holding ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr17 Mil. LINK Mobility Group Holding ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4,040 Mil. LINK Mobility Group Holding ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr5,514 Mil. LINK Mobility Group Holding ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

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 LINK Mobility Group Holding ASA's Debt-to-Equity or its related term are showing as below:

OSL:LINK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.74 Max: 1.36
Current: 0.74

During the past 8 years, the highest Debt-to-Equity Ratio of LINK Mobility Group Holding ASA was 1.36. The lowest was 0.50. And the median was 0.74.

OSL:LINK's Debt-to-Equity is ranked worse than
55.65% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs OSL:LINK: 0.74

LINK Mobility Group Holding ASA Debt-to-Equity Historical Data

The historical data trend for LINK Mobility Group Holding 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.

LINK Mobility Group Holding ASA Debt-to-Equity Chart

LINK Mobility Group Holding ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.09

0.50

0.74

0.75

0.74

LINK Mobility Group Holding ASA Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.75	0.77	0.77	0.76	0.74

Competitive Comparison of LINK Mobility Group Holding ASA's Debt-to-Equity

For the Telecom Services subindustry, LINK Mobility Group Holding 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.

LINK Mobility Group Holding ASA's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LINK Mobility Group Holding ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where LINK Mobility Group Holding ASA's Debt-to-Equity falls into.

LINK Mobility Group Holding ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LINK Mobility Group Holding 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
	=	(17.29	+	4039.741)	/	5514.092
	=	0.74

LINK Mobility Group Holding 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
	=	(17.29	+	4039.741)	/	5514.092
	=	0.74

LINK Mobility Group Holding ASA (OSL:LINK) 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.

LINK Mobility Group Holding ASA Debt-to-Equity Related Terms

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LINK Mobility Group Holding ASA (OSL:LINK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LINK Mobility Group Holding ASA (OSL:LINK) » Definitions » Debt-to-Equity

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LINKo:Sweden 0A5Q:UK

Address

Universitetsgata 2, Oslo, NOR, 0164

Website

https://www.linkmobility.com

LINK Mobility Group Holding ASA is a provider of mobile messaging and communication platform as a service (CPaaS) solutions for customer engagement serving enterprise, small and medium enterprises, and government customers. The company offers a wide range of scalable mobile solutions, creating valuable digital convergence between businesses and customers, platforms and users.