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Aeries Technology (Aeries Technology) Debt-to-Equity : -0.33 (As of Dec. 2023)


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What is Aeries Technology Debt-to-Equity?

Aeries Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.10 Mil. Aeries Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.97 Mil. Aeries Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-43.07 Mil. Aeries Technology's debt to equity for the quarter that ended in Dec. 2023 was -0.33.

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

AERT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.33   Med: 0.26   Max: 0.8
Current: -0.33

During the past 2 years, the highest Debt-to-Equity Ratio of Aeries Technology was 0.80. The lowest was -0.33. And the median was 0.26.

AERT's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.385 vs AERT: -0.33

Aeries Technology Debt-to-Equity Historical Data

The historical data trend for Aeries 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.

Aeries Technology Debt-to-Equity Chart

Aeries Technology Annual Data
Trend Mar22 Mar23
Debt-to-Equity
0.26 0.72

Aeries Technology Quarterly Data
Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial N/A 0.72 0.80 0.01 -0.33

Competitive Comparison of Aeries Technology's Debt-to-Equity

For the Consulting Services subindustry, Aeries 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.

Aeries Technology's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aeries Technology's Debt-to-Equity distribution charts can be found below:

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


Aeries Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aeries Technology'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
=(3.332 + 5.465) / 12.19
=0.72

Aeries Technology'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
=(8.099 + 5.966) / -43.072
=-0.33

* 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.

Aeries Technology  (NAS:AERT) 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.

Aeries Technology Debt-to-Equity Related Terms

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

Aeries Technology (Aeries Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aeries Technology Inc (NAS:AERT) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Twin Towers Lane, Paville House, 5th Floor, Prabhadevi, Mumbai, MH, IND, 400025
Website
https://www.aeriestechnology.com
Aeries Technology Inc is a global professional and management services partner offering a range of management consultancy services for private equity sponsors and their portfolio companies with engagement models that are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client's business operations. It supports and drives its client's global growth by providing a range of management consultancy services involving professional advisory services and operations management services to build and manage dedicated delivery centers in appropriate locations based on customer business needs.
Executives
Tony Marion Pearce director, officer: Executive Chairman 123 EAST 200 NORTH, ALPINE UT 84004
Terry Vernon Pearce director, officer: Executive Vice-Chairman 123 EAST 200 NORTH, ALPINE UT 84004
David V. Crowder director C/O GSV CAPITAL CORP., 2956 WOODSIDE ROAD, WOODSIDE CA 94062
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tanner Ainge director 1633 W. INNOVATION WAY, 5TH FLOOR, LEHI UT 84043
Worldwide Webb Acquisition Sponsor, Llc 10 percent owner 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Daniel S. Webb director, 10 percent owner, officer: CEO, CFO 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Davis Smith director 770 E TECHNOLOGY WAY F13-16, OREM UT 84097