Aecon Group (Aecon Group) Debt-to-Equity : 0.21 (As of Mar. 2024)

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What is Aecon Group Debt-to-Equity?

Aecon Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $29 Mil. Aecon Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $135 Mil. Aecon Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $778 Mil. Aecon Group's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

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 Aecon Group's Debt-to-Equity or its related term are showing as below:

AEGXF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.87 Max: 1.12
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Aecon Group was 1.12. The lowest was 0.21. And the median was 0.87.

AEGXF's Debt-to-Equity is ranked better than
68.13% of 1503 companies
in the Construction industry
Industry Median: 0.44 vs AEGXF: 0.21

Aecon Group Debt-to-Equity Historical Data

The historical data trend for Aecon Group'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.

Aecon Group Debt-to-Equity Chart

Aecon Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.86

0.83

0.85

0.95

0.25

Aecon Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.69	0.54	0.33	0.25	0.21

Competitive Comparison of Aecon Group's Debt-to-Equity

For the Engineering & Construction subindustry, Aecon Group'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.

Aecon Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aecon Group's Debt-to-Equity distribution charts can be found below:

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

Aecon Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aecon Group'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
	=	(115.018	+	79.584)	/	793.326
	=	0.25

Aecon Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(28.534	+	135.103)	/	778.271
	=	0.21

Aecon Group (OTCPK:AEGXF) 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.

Aecon Group Debt-to-Equity Related Terms

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

Aecon Group (Aecon Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aecon Group Inc (OTCPK:AEGXF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2AE:Germany ARE:Canada

Address

20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6

Website

https://www.aecon.com

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.

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