VIK (Viking Holdings) Debt-to-Equity : -4.50 (As of Jun. 2024)

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What is Viking Holdings Debt-to-Equity?

Viking Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $465 Mil. Viking Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4,858 Mil. Viking Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-1,184 Mil. Viking Holdings's debt to equity for the quarter that ended in Jun. 2024 was -4.49.

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 Viking Holdings's Debt-to-Equity or its related term are showing as below:

VIK' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.5 Med: -1.21 Max: -0.93
Current: -4.5

During the past 3 years, the highest Debt-to-Equity Ratio of Viking Holdings was -0.93. The lowest was -4.50. And the median was -1.21.

VIK's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.45 vs VIK: -4.50

Viking Holdings Debt-to-Equity Historical Data

The historical data trend for Viking Holdings'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.

Viking Holdings Debt-to-Equity Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-1.25

-1.56

-1.04

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial				N/A	-1.17	-1.04	-0.93	-4.50

Competitive Comparison of Viking Holdings's Debt-to-Equity

For the Travel Services subindustry, Viking Holdings'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.

Viking Holdings's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Debt-to-Equity distribution charts can be found below:

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

Viking Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viking Holdings'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
	=	(277.69	+	5271.231)	/	-5353.603
	=	-1.04

Viking Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(464.661	+	4858.077)	/	-1184.209
	=	-4.49

Viking Holdings (NYSE:VIK) 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.

Viking Holdings Debt-to-Equity Related Terms

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Viking Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.