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Ultrapay Limited (ASX:ULT) Debt-to-Equity : 4.58 (As of Dec. 2006)


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What is Ultrapay Limited Debt-to-Equity?

Ultrapay Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2006 was A$1.60 Mil. Ultrapay Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2006 was A$2.03 Mil. Ultrapay Limited's Total Stockholders Equity for the quarter that ended in Dec. 2006 was A$0.79 Mil. Ultrapay Limited's debt to equity for the quarter that ended in Dec. 2006 was 4.58.

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 Ultrapay Limited's Debt-to-Equity or its related term are showing as below:

ASX:ULT's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Ultrapay Limited Debt-to-Equity Historical Data

The historical data trend for Ultrapay Limited'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.

Ultrapay Limited Debt-to-Equity Chart

Ultrapay Limited Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.05 0.01 0.15 3.10

Ultrapay Limited Semi-Annual Data
Dec96 Jun97 Dec98 Jun99 Dec99 Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.15 0.17 3.10 4.58

Competitive Comparison of Ultrapay Limited's Debt-to-Equity

For the Consumer Electronics subindustry, Ultrapay Limited'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.


Ultrapay Limited's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ultrapay Limited's Debt-to-Equity distribution charts can be found below:

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



Ultrapay Limited Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ultrapay Limited's Debt to Equity Ratio for the fiscal year that ended in Jun. 2006 is calculated as

Ultrapay Limited's Debt to Equity Ratio for the quarter that ended in Dec. 2006 is calculated as

* 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.


Ultrapay Limited  (ASX:ULT) 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.


Ultrapay Limited Debt-to-Equity Related Terms

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Ultrapay Limited (ASX:ULT) Business Description

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