Avarga (SGX:U09) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Avarga Debt-to-Equity?

Avarga's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$32 Mil. Avarga's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$90 Mil. Avarga's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$336 Mil. Avarga's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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

SGX:U09' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.73 Max: 1.05
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Avarga was 1.05. The lowest was 0.36. And the median was 0.73.

SGX:U09's Debt-to-Equity is ranked better than
59.26% of 135 companies
in the Industrial Distribution industry
Industry Median: 0.53 vs SGX:U09: 0.36

Avarga Debt-to-Equity Historical Data

The historical data trend for Avarga'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.

Avarga Debt-to-Equity Chart

Avarga Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.05

0.74

0.57

0.39

0.36

Avarga Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.57	0.49	0.39	0.37	0.36

Competitive Comparison of Avarga's Debt-to-Equity

For the Industrial Distribution subindustry, Avarga'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.

Avarga's Debt-to-Equity Distribution in the Industrial Distribution Industry

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

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

Avarga Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avarga'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
	=	(32.41	+	89.582)	/	336.442
	=	0.36

Avarga'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
	=	(32.41	+	89.582)	/	336.442
	=	0.36

Avarga (SGX:U09) 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.

Avarga Debt-to-Equity Related Terms

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

Avarga (SGX:U09) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Avarga Ltd (SGX:U09) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kim Seng Promenade, No. 13-10 Great World City West Lobby, Singapore, SGP, 237994

Website

https://www.avarga.com.sg

Avarga Ltd is an investment holding company. It provides trading of paper products. It has four reportable operating segments The Paper Mill division manufactures and sells industrial-grade paper products, collect and trades in waste paper products, the Power division operates a 50 MW gas-fired generating plant in Ywama, Myanmar, the Wholesale distribution segment of building products in Canada, United States and overseas and Others which included investment and corporate segment focus on identifying new investment opportunities locally and overseas. It derives revenues from the Wholesale distribution segment. It operates geographically in Singapore, Canada, the United States, Malaysia, and others. The majority of the revenue comes from Canada.

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