Aurizon Holdings (ASX:AZJ) Debt-to-Equity : 1.18 (As of Dec. 2023)

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What is Aurizon Holdings Debt-to-Equity?

Aurizon Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1,257 Mil. Aurizon Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3,908 Mil. Aurizon Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$4,391 Mil. Aurizon Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.18.

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

ASX:AZJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.74 Max: 1.25
Current: 1.18

During the past 13 years, the highest Debt-to-Equity Ratio of Aurizon Holdings was 1.25. The lowest was 0.45. And the median was 0.74.

ASX:AZJ's Debt-to-Equity is ranked worse than
74.83% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs ASX:AZJ: 1.18

Aurizon Holdings Debt-to-Equity Historical Data

The historical data trend for Aurizon Holdings'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.

Aurizon Holdings Debt-to-Equity Chart

Aurizon Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.72

0.86

0.91

0.76

1.19

Aurizon Holdings 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															0.83	0.76	1.25	1.19	1.18

Competitive Comparison of Aurizon Holdings's Debt-to-Equity

For the Railroads subindustry, Aurizon Holdings'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.

Aurizon Holdings's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aurizon Holdings's Debt-to-Equity distribution charts can be found below:

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

Aurizon Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aurizon Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(586	+	4576)	/	4353
	=	1.19

Aurizon Holdings'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
	=	(1257	+	3908)	/	4391
	=	1.18

Aurizon Holdings (ASX:AZJ) 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.

Aurizon Holdings Debt-to-Equity Related Terms

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Aurizon Holdings (ASX:AZJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aurizon Holdings Ltd (ASX:AZJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

QRNNF:USA QRL:Germany

Address

900 Ann Street, Level 8, Fortitude Valley, Brisbane, QLD, AUS, 4006

Website

https://www.aurizon.com.au

Aurizon operates rail haulage of coal, iron ore, and freight, and owns a regulated rail network in Queensland. Coal haulage from mine to port contributes close to 40% of earnings. The non-coal bulk segment contributes about 10% of earnings and undertakes the rail haulage of agricultural, mining, and industrial products. The rail network, composed of 2,670 kilometres of coal rail network under a 99-year lease from the Queensland government, contributes around half of earnings.

Aurizon Holdings (ASX:AZJ) Headlines

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