Aida Engineering (Aida Engineering) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Aida Engineering Debt-to-Equity?

Aida Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.8 Mil. Aida Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.9 Mil. Aida Engineering's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $550.9 Mil. Aida Engineering's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

ADERY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.07
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Aida Engineering was 0.07. The lowest was 0.03. And the median was 0.05.

ADERY's Debt-to-Equity is ranked better than
89.94% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs ADERY: 0.03

Aida Engineering Debt-to-Equity Historical Data

The historical data trend for Aida Engineering'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.

Aida Engineering Debt-to-Equity Chart

Aida Engineering Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.06

0.04

0.03

Aida Engineering 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															0.03	0.03	0.03	0.03	0.03

Competitive Comparison of Aida Engineering's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Aida Engineering'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.

Aida Engineering's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Aida Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aida Engineering's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(8.095	+	7.481)	/	583.858
	=	0.03

Aida Engineering'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
	=	(7.834	+	6.945)	/	550.939
	=	0.03

Aida Engineering (OTCPK:ADERY) 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.

Aida Engineering Debt-to-Equity Related Terms

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

Aida Engineering (Aida Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aida Engineering Ltd (OTCPK:ADERY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6118:Japan

Address

2-10 Ohyama-cho, Sagamihara, JPN, 2291181

Website

http://www.aida.co.jp

Aida Engineering Ltd is a Japan-based company that manufactures, sells, and services press machines and their ancillary facilities. The company's principal products comprise general-purpose servo presses, midsize and large servo presses, precision forming presses, general-purpose presses, midsize and large presses, high-speed automatic presses, cold forging presses, transfer feeders, coil feeders, and tooling dies. The company's services include overhaul, preventative maintenance, press inspections, machine relocation, and others. The company generates sales in Japan, Asia, the Americas, and Europe.

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