Abu Dhabi Aviation Co (ADX:ADAVIATION) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Abu Dhabi Aviation Co Debt-to-Equity?

Abu Dhabi Aviation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ300 Mil. Abu Dhabi Aviation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ504 Mil. Abu Dhabi Aviation Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ3,907 Mil. Abu Dhabi Aviation Co's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 Abu Dhabi Aviation Co's Debt-to-Equity or its related term are showing as below:

ADX:ADAVIATION' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.31 Max: 0.47
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Abu Dhabi Aviation Co was 0.47. The lowest was 0.21. And the median was 0.31.

ADX:ADAVIATION's Debt-to-Equity is ranked better than
76.87% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs ADX:ADAVIATION: 0.21

Abu Dhabi Aviation Co Debt-to-Equity Historical Data

The historical data trend for Abu Dhabi Aviation Co'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.

Abu Dhabi Aviation Co Debt-to-Equity Chart

Abu Dhabi Aviation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.29

0.28

0.25

0.22

0.21

Abu Dhabi Aviation Co 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															0.22	0.21	0.22	0.21	0.21

Competitive Comparison of Abu Dhabi Aviation Co's Debt-to-Equity

For the Airports & Air Services subindustry, Abu Dhabi Aviation Co'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.

Abu Dhabi Aviation Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Abu Dhabi Aviation Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Aviation Co's Debt-to-Equity falls into.

Abu Dhabi Aviation Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Abu Dhabi Aviation Co'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
	=	(299.966	+	503.799)	/	3906.91
	=	0.21

Abu Dhabi Aviation Co'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
	=	(299.966	+	503.799)	/	3906.91
	=	0.21

Abu Dhabi Aviation Co (ADX:ADAVIATION) 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.

Abu Dhabi Aviation Co Debt-to-Equity Related Terms

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Abu Dhabi Aviation Co (ADX:ADAVIATION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Abu Dhabi Aviation Co (ADX:ADAVIATION) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 2723, Abu Dhabi, ARE

Website

https://ada.ae

Abu Dhabi Aviation Co is a commercial airline operator based in the Middle East. Its key revenue-generating segment is that of helicopters and fixed-wing aircraft operations within the United Arab Emirates. Among its other business segments are Commercial Aircraft Operations, Air Cargo, Investments, Helicopter and fixed wing operations and others. The firm generates revenue from the Helicopter & fixed wing operations. Other sources of revenue include training of pilots, rental income from investment properties and other management consultancy services.

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