Amaero International (ASX:3DA) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Amaero International Debt-to-Equity?

Amaero International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.29 Mil. Amaero International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Amaero International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$18.13 Mil. Amaero International's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Amaero International's Debt-to-Equity or its related term are showing as below:

ASX:3DA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: 0.38
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Amaero International was 0.38. The lowest was 0.02. And the median was 0.19.

ASX:3DA's Debt-to-Equity is ranked better than
93.91% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs ASX:3DA: 0.02

Amaero International Debt-to-Equity Historical Data

The historical data trend for Amaero International'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.

Amaero International Debt-to-Equity Chart

Amaero International Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.38

0.18

0.37

0.11

Amaero International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				-	0.37	0.12	0.11	0.02

Competitive Comparison of Amaero International's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Amaero International'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.

Amaero International's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amaero International's Debt-to-Equity distribution charts can be found below:

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

Amaero International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amaero International's Debt to Equity Ratio for the fiscal year 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
	=	(0.674	+	0.968)	/	14.959
	=	0.11

Amaero International'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
	=	(0.288	+	0)	/	18.129
	=	0.02

Amaero International (ASX:3DA) 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.

Amaero International Debt-to-Equity Related Terms

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

Amaero International (ASX:3DA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amaero International Ltd (ASX:3DA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AMROF:USA

Address

13 Normanby Road, Notting Hill, Melbourne, VIC, AUS, 3168

Website

https://www.amaero.com.au

Amaero International Ltd is an Australian based company. It is engaged in the manufacturing of format complex components in metal with laser-based additive manufacturing processes. The firm uses 3D printers to make components out of various metal alloys for its clients, mainly in the Aviation; Defence; Space sectors, and Tool and Die industries. It generates its revenue in the form of research and development, design and prototyping, and 3D printing equipment and consumables among others.

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