ARN Media (ASX:A1N) Debt-to-Equity : 0.58 (As of Dec. 2023)

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What is ARN Media Debt-to-Equity?

ARN Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$6.6 Mil. ARN Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$156.6 Mil. ARN Media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$279.9 Mil. ARN Media's debt to equity for the quarter that ended in Dec. 2023 was 0.58.

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 ARN Media's Debt-to-Equity or its related term are showing as below:

ASX:A1N' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.23 Max: 1.12
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of ARN Media was 1.12. The lowest was 0.10. And the median was 0.23.

ASX:A1N's Debt-to-Equity is ranked worse than
65.37% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs ASX:A1N: 0.58

ARN Media Debt-to-Equity Historical Data

The historical data trend for ARN Media'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.

ARN Media Debt-to-Equity Chart

ARN Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.10

0.22

0.38

0.58

ARN Media Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.23	0.38	0.31	0.58

Competitive Comparison of ARN Media's Debt-to-Equity

For the Broadcasting subindustry, ARN Media'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.

ARN Media's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

ARN Media Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ARN Media'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
	=	(6.551	+	156.636)	/	279.863
	=	0.58

ARN Media's Debt to Equity Ratio for the quarter 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
	=	(6.551	+	156.636)	/	279.863
	=	0.58

ARN Media (ASX:A1N) 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.

ARN Media Debt-to-Equity Related Terms

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

ARN Media (ASX:A1N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ARN Media Ltd (ASX:A1N) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

3 Byfield Street, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.arn.com.au

ARN Media Ltd is one of Australia's leading Broadcast and On-demand audio companies. It is Defining Audio through even more Connections That Count, ARN has ownership of approx 58 radio stations across 33 markets plus 46 DAB+ stations nationwide in addition to the digital entertainment platform, iHeartRadio.

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