Rederiaktiebolaget Gotland (OSTO:GOTL A) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Rederiaktiebolaget Gotland Debt-to-Equity?

Rederiaktiebolaget Gotland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Rederiaktiebolaget Gotland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Rederiaktiebolaget Gotland's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr5,238 Mil. Rederiaktiebolaget Gotland's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Rederiaktiebolaget Gotland's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Rederiaktiebolaget Gotland was 0.04. The lowest was 0.04. And the median was 0.04.

OSTO:GOTL A's Debt-to-Equity is not ranked ^*
in the Transportation industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Rederiaktiebolaget Gotland Debt-to-Equity Historical Data

The historical data trend for Rederiaktiebolaget Gotland'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.

Rederiaktiebolaget Gotland Debt-to-Equity Chart

Rederiaktiebolaget Gotland Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.04

Rederiaktiebolaget Gotland Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								0.04	-	-	-	-

Competitive Comparison of Rederiaktiebolaget Gotland's Debt-to-Equity

For the Marine Shipping subindustry, Rederiaktiebolaget Gotland'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.

Rederiaktiebolaget Gotland's Debt-to-Equity Distribution in the Transportation Industry

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

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

Rederiaktiebolaget Gotland Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rederiaktiebolaget Gotland'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
	=	(0	+	0)	/	5203.578
	=	0.00

Rederiaktiebolaget Gotland's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	0)	/	5238.1
	=	0.00

Rederiaktiebolaget Gotland (OSTO:GOTL A) 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.

Rederiaktiebolaget Gotland Debt-to-Equity Related Terms

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Rederiaktiebolaget Gotland (OSTO:GOTL A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rederiaktiebolaget Gotland (OSTO:GOTL A) » Definitions » Debt-to-Equity

Traded in Other Exchanges

GOTL B:Sweden

Address

Hamngatan 1, Visby, SWE, 621 22

Website

https://gotlandsbolaget.se

Rederiaktiebolaget Gotland is a shipping Company that operates in Baltic Sea region, runs a hotel business operations and invests in the restructuring of shipping and new technologies.

Rederiaktiebolaget Gotland (OSTO:GOTL A) Headlines

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