Abound Energy (STU:0E9) Debt-to-Equity : -2.56 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Abound Energy Debt-to-Equity?

Abound Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.21 Mil. Abound Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.21 Mil. Abound Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-0.17 Mil. Abound Energy's debt to equity for the quarter that ended in Dec. 2023 was -2.56.

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

STU:0E9' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.77 Med: 0.06 Max: 4.74
Current: -2.56

During the past 6 years, the highest Debt-to-Equity Ratio of Abound Energy was 4.74. The lowest was -5.77. And the median was 0.06.

STU:0E9's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs STU:0E9: -2.56

Abound Energy Debt-to-Equity Historical Data

The historical data trend for Abound Energy'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.

Abound Energy Debt-to-Equity Chart

Abound Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-5.77

0.02

0.10

0.17

-2.56

Abound Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.26	0.58	-1.97	-2.56

Competitive Comparison of Abound Energy's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Abound Energy'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.

Abound Energy's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Abound Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Abound Energy'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
	=	(0.214	+	0.214)	/	-0.167
	=	-2.56

Abound Energy'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
	=	(0.214	+	0.214)	/	-0.167
	=	-2.56

Abound Energy (STU:0E9) 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.

Abound Energy Debt-to-Equity Related Terms

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

Abound Energy (STU:0E9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Abound Energy Inc (STU:0E9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZAIRF:USA 0E90:Germany ZAIR:Canada

Address

8765 Ash Street, Unit 1, Vancouver, BC, CAN, V6P 6T3

Website

https://www.zinc8energy.com

Zinc8 Energy Solutions Inc is a development-stage company. It develops zinc-air batteries that use zinc and air as fuel. Its technology resolves the intermittent and unpredictable nature of renewable energy sources such as wind and solar.

Abound Energy (STU:0E9) Headlines

No Headlines