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DHT Holdings, Inc. (DHT)

NYSE - NYSE Delayed Price. Currency in USD
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5.13+0.11 (+2.19%)
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  • Investopedia

    Top Oil Tanker Stocks for Q4 2020

    The oil tanker industry is involved in the transportation and storage of crude oil, natural gas, and related products. Companies in the industry own, operate, or lease various types of oil tankers and facilities.

  • Benzinga

    DHT's Debt Overview

    Over the past three months, shares of DHT Holdings (NYSE: DHT) rose by 8.57%. Before we understand the importance of debt, let us look at how much debt DHT Holdings has.DHT Holdings's Debt Based on DHT Holdings's financial statement as of May 5, 2016, long-term debt is at $601.06 million and current debt is at $53.34 million, amounting to $654.40 million in total debt. Adjusted for $77.53 million in cash-equivalents, the company's net debt is at $576.87 million.To understand the degree of financial leverage a company has, shareholders look at the debt ratio. Considering DHT Holdings's $1.42 billion in total assets, the debt-ratio is at 0.46. Generally speaking, a debt-ratio more than one means that a large portion of debt is funded by assets. As the debt-ratio increases, so the does the risk of defaulting on loans, if interest rates were to increase. Different industries have different thresholds of tolerance for debt-ratios. A debt ratio of 25% might be higher for one industry and normal for another.Why Debt Is Important Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital.However, due to interest-payment obligations, cash-flow of a company can be impacted. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.See more from Benzinga * Overview Of Value Stocks In The Energy Sector * A Look Into Energy Sector Value Stocks * 5 Value Stocks In The Energy Sector(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • DHT Holdings (NYSE:DHT) Has Compensated Shareholders With A Respectable 91% Return On Their Investment
    Simply Wall St.

    DHT Holdings (NYSE:DHT) Has Compensated Shareholders With A Respectable 91% Return On Their Investment

    By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual...