Accsys Technologies (Accsys Technologies) Debt-to-Equity : 0.63 (As of Sep. 2023)

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What is Accsys Technologies Debt-to-Equity?

Accsys Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $11.1 Mil. Accsys Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $62.5 Mil. Accsys Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $116.7 Mil. Accsys Technologies's debt to equity for the quarter that ended in Sep. 2023 was 0.63.

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 Accsys Technologies's Debt-to-Equity or its related term are showing as below:

ACSYF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.55 Max: 1.48
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Accsys Technologies was 1.48. The lowest was 0.05. And the median was 0.55.

ACSYF's Debt-to-Equity is ranked worse than
58.33% of 264 companies
in the Forest Products industry
Industry Median: 0.505 vs ACSYF: 0.63

Accsys Technologies Debt-to-Equity Historical Data

The historical data trend for Accsys Technologies'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.

Accsys Technologies Debt-to-Equity Chart

Accsys Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.35

0.67

0.60

0.50

0.58

Accsys Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.50	0.61	0.58	0.63

Competitive Comparison of Accsys Technologies's Debt-to-Equity

For the Lumber & Wood Production subindustry, Accsys Technologies'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.

Accsys Technologies's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Accsys Technologies's Debt-to-Equity distribution charts can be found below:

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

Accsys Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Accsys Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(11.221	+	64.427)	/	131.158
	=	0.58

Accsys Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(11.145	+	62.46)	/	116.715
	=	0.63

Accsys Technologies (OTCPK:ACSYF) 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.

Accsys Technologies Debt-to-Equity Related Terms

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Accsys Technologies (Accsys Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Accsys Technologies PLC (OTCPK:ACSYF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AXS:Netherlands AXSa:UK AXS.GB:UK AXS:UK 1D8:Germany

Address

3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA

Website

https://www.accsysplc.com

Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.

Accsys Technologies (Accsys Technologies) Headlines

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