Addvantage Technologies Group (Addvantage Technologies Group) Debt-to-Equity

: 0.95 (As of Sep. 2023)

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Addvantage Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.60 Mil. Addvantage Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.94 Mil. Addvantage Technologies Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $4.79 Mil. Addvantage Technologies Group's debt to equity for the quarter that ended in Sep. 2023 was 0.95.

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

AEYGQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: 1.14
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Addvantage Technologies Group was 1.14. The lowest was 0.02. And the median was 0.17.

AEYGQ's Debt-to-Equity is ranked worse than
85.47% of 2196 companies
in the Hardware industry
Industry Median: 0.28 vs AEYGQ: 0.95

Addvantage Technologies Group Debt-to-Equity Historical Data

The historical data trend for Addvantage Technologies 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.

* Premium members only.

Addvantage Technologies Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Debt-to-Equity

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0.06

0.84

0.71

0.31

Addvantage Technologies Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.31	0.34	0.67	0.95

Competitive Comparison

For the Electronics & Computer Distribution subindustry, Addvantage Technologies 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.

Addvantage Technologies Group Debt-to-Equity Distribution

For the Hardware industry and Technology sector, Addvantage Technologies Group's Debt-to-Equity distribution charts can be found below:

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

Addvantage Technologies Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Addvantage Technologies Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.84	+	1.889)	/	12.047
	=	0.31

Addvantage Technologies Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3.604	+	0.939)	/	4.787
	=	0.95

Addvantage Technologies Group (OTCPK:AEYGQ) 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.

Addvantage Technologies Group Debt-to-Equity Related Terms

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Addvantage Technologies Group (Addvantage Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Addvantage Technologies Group Inc (OTCPK:AEYGQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1430 Bradley Lane, Suite 196, Carrollton, TX, USA, 75007

Website

http://www.addvantagetechnologies.com

Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Its Telecommunications segment sell equipment used to acquire, distribute, and protect the communications signals. The Telecommunications segment generates maximum revenue for the company.

Executives

Timothy Scott Harden	director	5729 LEBANON ROAD, SUITE 144411, FRISCO TX 75034
Jim Mcgill	director	2121 SOUTH YORKTOWN #1103, TULSA OK 74114
Brian Neal Davidson	officer: Chief Revenue Officer	1430 BRADLEY LANE, SUITE 196, CARROLLTON TX 75007
Jerry Don Jones	officer: President, Fulton Technologies	1045 BRICE ST, MERIDIAN TX 76665
Michael A Rutledge	officer: Chief Financial Officer	5000 LEGACY DR, SUITE 350, PLANO TX 75024
Michael G Ramke	officer: INTERIM CFO
Kenneth A Chymiak	director, 10 percent owner, officer: President and CEO	808 N 16TH ST, BROKEN ARROW OK 74012
Susan C Chymiak	10 percent owner	C/O ADDVANTAGE TECHNOLOGIES GROUP INC, 1605 E IOLA, BROKEN ARROW OK 74012
Jarrod M Watson	officer: Chief Financial Officer	5604 TEMPLIN WAY, PLANO TX 75093
Jimmy R Taylor	officer: President, Wireless Services	22905 CIELO VISTA, SAN ANTONIO TX 78255
Reginald Jaramillo	officer: President, Telco Segment	1801 GOLIAD WAY, LANTANA TX 76226
John Shelnutt	director	605 ISLEWORTH LANE, MCKINNEY TX 75072
Donald Jr Kinison	officer: Vice President of Sales	1010 TWIN OAKS, PROSPER TX 75078
Scott A Francis	director, officer: VP and CFO	1221 E. HOUSTON ST., BROKEN ARROW OK 74012
Empey Colby	officer: President, Wireless Services	908 BLUFFVIEW DRIVE, ALLEN TX 75002