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Amerityre (Amerityre) Debt-to-Equity : 0.17 (As of Jun. 2022)


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What is Amerityre Debt-to-Equity?

Amerityre's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.15 Mil. Amerityre's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.21 Mil. Amerityre's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $2.15 Mil. Amerityre's debt to equity for the quarter that ended in Jun. 2022 was 0.17.

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

AMTY's Debt-to-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.48
* Ranked among companies with meaningful Debt-to-Equity only.

Amerityre Debt-to-Equity Historical Data

The historical data trend for Amerityre'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.

Amerityre Debt-to-Equity Chart

Amerityre Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.66 0.65 0.32 0.17

Amerityre Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only 0.32 0.28 0.25 0.20 0.17

Competitive Comparison of Amerityre's Debt-to-Equity

For the Auto Parts subindustry, Amerityre'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.


Amerityre's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Amerityre's Debt-to-Equity distribution charts can be found below:

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



Amerityre Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amerityre's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Amerityre's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Amerityre  (OTCPK:AMTY) 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.


Amerityre Debt-to-Equity Related Terms

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


Amerityre (Amerityre) Business Description

Traded in Other Exchanges
N/A
Address
1501 Industrial Road, Boulder City, NV, USA, 89005
Amerityre Corp is engaged in the research and development, manufacturing, and sale of polyurethane tires. It has developed unique polyurethane formulations that allow us to make products with superior performance characteristics in the areas of abrasion resistance, energy efficiency, and load-bearing capabilities, in comparison to conventional rubber tires. The company engages in the manufacturing, marketing, distribution, and sales of flat free specialty tires and tire-wheel assemblies and currently is manufacturing these tires. It focuses on light duty polyurethane foam tires, polyurethane elastomer industrial tires, and agricultural tires.
Executives
George Duane Stoddard director 19832 SUNSET LANE, APPLE VALLEY CA 92308
David Scott Clark director 9057 WATERFIELD COURT, LAS VEGAS NV 89134
David Hollister director 1501 INDUSTRIAL RD., BOULDER CITY NV 89005
Terry Edwin Gilland director 8050 CASTLE PINES AVENUE, LAS VEGAS NV 89113
Michael Francis Sullivan director, officer: COO 1037 PLEASANT OAKS DRIVE, PLEASANT HILL CA 94523
Lynda R. Keeton-cardno officer: Chief Financial Officer 181 N. ARROYO GRANDE BLVD., STE. 140B, HENDERSON NV 89014
Glenn D Bougie director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Brian Hesje director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
John J Goldberg director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
L Wayne Arnett director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Timothy L Ryan director 1501 INDUSTRIAL RD, BOULDER CITY NV 89005
Gary M Tucker director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Kines Silas O Jr director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Kapral Michael J Jr officer: VP Marketing 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Francis Edward Dosal director 4100 HIGHWOOD ROAD, ST. LOUIS PARK MN 55416