Akastor ASA (AKAST.OL) Debt Metrics
Market Cap: $3.59B
Avg Volume: 198.96K
Industry: Oil & Gas Equipment & Services
Sector: Energy
How much debt does Akastor ASA have?
According to Akastor ASA's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Akastor ASA's total debt stands at $383.00M. This is broken down into:
- Long-term debt: $297.00M
- Short-term debt: $86.00M
The company's net debt, which accounts for cash and cash equivalents, is $336.00M. In terms of overall financial obligations, Akastor ASA's total liabilities amount to $845.00M.
Debt Ratios and Metrics
To better understand Akastor ASA's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.07 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 5.71% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 4.75% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 6.14% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Akastor ASA's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$383.00M
Long-term Debt
$297.00M
Short-term Debt
$86.00M
Net Debt
$336.00M
Total Liabilities
$845.00M
Interest Coverage
0.00
Debt to Equity Ratio
0.07
Debt Ratio
5.71%
Akastor ASA Historical Debt Metrics
Akastor ASA Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $383.00M | $297.00M | $86.00M | $336.00M | $845.00M | 0.07 | 5.71% | 0.00 | 4.75% | 6.14% |
| 2023 | $1.40B | $238.00M | $1.17B | $1.26B | $2.08B | 0.35 | 23.20% | -0.16 | 5.61% | 26.11% |
| 2022 | $1.43B | $235.00M | $1.19B | $1.31B | $2.71B | 0.35 | 20.94% | 1.34 | 4.65% | 26.00% |
| 2021 | $1.54B | $1.44B | $98.00M | $1.45B | $3.10B | 0.38 | 21.38% | -0.26 | 25.11% | 27.37% |
| 2020 | $2.34B | $1.06B | $1.28B | $2.07B | $5.48B | 0.64 | 25.57% | -0.15 | 14.66% | 39.01% |
| 2019 | $2.12B | $1.96B | $163.00M | $1.58B | $6.21B | 0.49 | 20.07% | 2.03 | 24.91% | 32.78% |
| 2018 | $602.00M | $588.00M | $-618.00M | $404.00M | $4.69B | 0.14 | 6.69% | 1.21 | 11.99% | 12.24% |
| 2017 | $2.53B | $2.11B | $-339.00M | $2.37B | $5.05B | 0.48 | 24.52% | -3.04 | 28.79% | 32.42% |
| 2016 | $3.05B | $2.79B | $334.00M | $2.58B | $7.28B | 0.55 | 23.75% | -4.31 | 21.12% | 35.37% |
| 2015 | $5.64B | $2.93B | $4.05B | $5.13B | $13.15B | 0.76 | 27.45% | -9.55 | 17.65% | 43.28% |
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