AirNet Technology (AirNet Technology) Debt-to-Equity

: 1.43 (As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

AirNet Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $9.92 Mil. AirNet Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. AirNet Technology's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $6.92 Mil. AirNet Technology's debt to equity for the quarter that ended in Jun. 2023 was 1.43.

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 AirNet Technology's Debt-to-Equity or its related term are showing as below:

ANTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.27 Max: 1.43
Current: 1.43

During the past 13 years, the highest Debt-to-Equity Ratio of AirNet Technology was 1.43. The lowest was 0.01. And the median was 0.27.

ANTE's Debt-to-Equity is ranked worse than
85.17% of 843 companies
in the Media - Diversified industry
Industry Median: 0.28 vs ANTE: 1.43

AirNet Technology Debt-to-Equity Historical Data

The historical data trend for AirNet Technology'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.

AirNet Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.17

0.34

0.62

0.31

AirNet Technology Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity																0.27	0.62	0.24	0.31	1.43

Competitive Comparison

For the Advertising Agencies subindustry, AirNet Technology'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.

AirNet Technology Debt-to-Equity Distribution

For the Media - Diversified industry and Communication Services sector, AirNet Technology's Debt-to-Equity distribution charts can be found below:

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

AirNet Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AirNet Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(14.006	+	0.009)	/	45.762
	=	0.31

AirNet Technology's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(9.924	+	0)	/	6.922
	=	1.43

AirNet Technology (NAS:ANTE) 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.

AirNet Technology Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of AirNet Technology's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

AirNet Technology (AirNet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AirNet Technology Inc (NAS:ANTE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Dongzhimenwai Street, Chaoyang District, Beijing, CHN, 100027

Website

https://ir.airnetgroup.cn

AirNet Technology Inc provides in-flight solutions to connectivity, entertainment, and digital multimedia in China. It offers Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment, and breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. It operates in two operating segments i.e. cryptocurrency mining, and selling advertising time slots on their network, air travel advertising network throughout PRC.