IPD Group (ASX:IPG) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is IPD Group Debt-to-Equity?

IPD Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.1 Mil. IPD Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$10.2 Mil. IPD Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$142.7 Mil. IPD Group's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

ASX:IPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.19 Max: 0.24
Current: 0.09

During the past 3 years, the highest Debt-to-Equity Ratio of IPD Group was 0.24. The lowest was 0.09. And the median was 0.19.

ASX:IPG's Debt-to-Equity is ranked better than
76.15% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs ASX:IPG: 0.09

IPD Group Debt-to-Equity Historical Data

The historical data trend for IPD Group'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.

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IPD Group Debt-to-Equity Chart

IPD Group Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.29

0.20

0.19

IPD Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.24	0.20	0.17	0.19	0.09

Competitive Comparison of IPD Group's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, IPD Group'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.

IPD Group's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

IPD Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IPD Group'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
	=	(3.011	+	10.804)	/	72.915
	=	0.19

IPD Group'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
	=	(3.113	+	10.188)	/	142.683
	=	0.09

IPD Group (ASX:IPG) 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.

IPD Group Debt-to-Equity Related Terms

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IPD Group (ASX:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPD Group Ltd (ASX:IPG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

43-47 Newton Road, Wetherill Park, Sydney, NSW, AUS, 2164

Website

https://www.ipdgroup.com.au

IPD Group Ltd serves the electrical industry. The company's core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities. Its segment includes Products division and Services division. The company generates maximum revenue from the Products division segment. The company's product division consists of five different types of product categories namely, Power distribution, Industrial and motor control, Automation and industrial communication, Power monitoring, Electric vehicle solutions.