What is the debt of Euronav this year?
Euronav has a debt level of 501.34 USD this year.
Euronav Debt 2024
Euronav Debt
501.34 USD
Ticker
EURN.BR
ISIN
BE0003816338
WKN
A0DNRS
In 2024, Euronav's total debt was 501.34 USD, a -66.94% change from the 1,516.35 USD total debt recorded in the previous year.
Euronav Aktienanalyse
What does Euronav do?
Euronav NV is an international shipping company based in Antwerp, Belgium. It was founded in 1995 and specializes in the transportation of crude oil and petroleum products. Euronav is one of the largest independent tanker shipping companies in the world, operating a fleet of approximately 80 vessels. The company uses its ships to transport oil from producers to ports around the world, prioritizing safety and utilizing advanced technology. Euronav operates a combined strategy of spot market and long-term charter contracts to generate revenue from both short and long-term transactions. This allows the company to benefit from market volatility and adapt accordingly. Additionally, Euronav seeks synergies with other shipping companies and forms partnerships to further expand its business. Since 2014, Euronav has been jointly active with Frontline in the company Tankers International, operating the largest tanker fleet in the world. Euronav is divided into two business segments: Tankers and FSO (Floating Storage and Offloading). The Tankers segment includes all activities related to the transport of liquid cargoes such as crude oil and petroleum products, as well as the operation of tankers. The FSO segment involves the sale of FSO units, typically used for offshore storage of oil, gas, and petrochemical products. This enables continuous production on land without transportation constraints. Euronav operates a wide range of tankers suitable for transporting various oil products, including crude oil, refined oil, jet fuel, and LPG. The fleet includes the largest tankers currently in the industry, with capacities ranging from 300,000 barrels to 3 million barrels per vessel. The FSO units are flexible and can be configured according to demand, serving as either storage units for crude oil or gas terminals. Euronav was founded in 1995 by three Belgians: Paddy Rodgers, Marc Saverys, and Hugo de Stoop. The company resulted from the merger of two companies: Petrobulk, specializing in the transport of crude oil and chemicals, and CMBT, a leading shipping and logistics group. Over the years, Euronav expanded and acquired several other shipping companies. Today, it is one of the world's leading tanker shipping companies. In summary, Euronav NV is an internationally operating shipping company specializing in the transportation of crude oil and petroleum products. It operates a fleet of approximately 80 tankers and FSO units, engaging in spot market and long-term charter contracts. The company is divided into two business segments: Tankers and FSO. The fleet includes the largest tankers in the world, with capacities of up to 3 million barrels per vessel. Founded in 1995, Euronav has since grown through mergers and acquisitions to become one of the largest independent tanker shipping companies in the world. Euronav ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Euronav's Debt Structure
Euronav's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Euronav's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Euronav’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Euronav’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Euronav stock
What was the debt of Euronav compared to the previous year?
The debt of Euronav has increased by -66.94% compared to the previous year dropped.
What are the consequences of high debt for investors in Euronav?
High debt can pose a risk for investors of Euronav, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Euronav?
Low debt means that Euronav has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Euronav affect the company?
An increase in debt of Euronav can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Euronav affect the company?
A reduction in debt of Euronav can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Euronav?
Some factors that can influence the debt of Euronav include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Euronav so important for investors?
The debts of Euronav are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Euronav take to change the debt?
To change the debt, Euronav can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Euronav pay?
Over the past 12 months, Euronav paid a dividend of 3.2 USD . This corresponds to a dividend yield of about 19.69 %. For the coming 12 months, Euronav is expected to pay a dividend of 3.41 USD.
What is the dividend yield of Euronav?
The current dividend yield of Euronav is 19.69 %.
When does Euronav pay dividends?
Euronav pays a quarterly dividend. This is distributed in the months of January, June, August, August.
How secure is the dividend of Euronav?
Euronav paid dividends every year for the past 12 years.
What is the dividend of Euronav?
For the upcoming 12 months, dividends amounting to 3.41 USD are expected. This corresponds to a dividend yield of 20.99 %.
In which sector is Euronav located?
Euronav is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Euronav kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Euronav from 7/18/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.
When did Euronav pay the last dividend?
The last dividend was paid out on 7/18/2024.
What was the dividend of Euronav in the year 2023?
In the year 2023, Euronav distributed 0.12 USD as dividends.
In which currency does Euronav pay out the dividend?
The dividends of Euronav are distributed in USD.
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Andere Kennzahlen von Euronav
Our stock analysis for Euronav Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Euronav Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
