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Aerkomm's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.14 Mil. Aerkomm's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $32.92 Mil. Aerkomm's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $30.03 Mil. Aerkomm's debt to equity for the quarter that ended in Sep. 2023 was 1.13.
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 Aerkomm's Debt-to-Equity or its related term are showing as below:
During the past 10 years, the highest Debt-to-Equity Ratio of Aerkomm was 1.86. The lowest was -4.33. And the median was 0.06.
The historical data trend for Aerkomm'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.
Aerkomm Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | - | 0.01 | 0.27 | 0.32 | 1.35 |
Aerkomm 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 | 0.83 | 1.35 | 1.61 | 1.72 | 1.13 |
For the Communication Equipment subindustry, Aerkomm'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.
For the Hardware industry and Technology sector, Aerkomm's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Aerkomm's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Aerkomm'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 | |
= | (1.459 | + | 32.35) | / | 25.068 | |
= | 1.35 |
Aerkomm'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 | |
= | (1.141 | + | 32.915) | / | 30.025 | |
= | 1.13 |
* 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.
Aerkomm (OTCPK:AKOM) 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.
Thank you for viewing the detailed overview of Aerkomm's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Leroy Yau | 10 percent owner | UNIT 1601, BLOCK A, VILLA ROCHA, HAPPY VALLEY K3 00000 |
World Praise Ltd | 10 percent owner | C/O VISTRA CORPORATION SERVICES CENTER, GROUND FLOOR NFP BUILDING, BEACH ROAD, APIA Y0 00000 |
Richmond Akumiah | director | 4 TUNISON LANE, BRIDGEWATER NJ 08807 |
Yuyun Tristan Kuo | officer: Chief Financial Officer | 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312 |
Well Thrive Ltd | 10 percent owner | NO. 79, HENG YANG ROAD, TAIPEI F5 100 |
Sheng-chun Chang | 10 percent owner | NO. 79, HENG YANG ROAD, TAIPEI F5 100 |
Jeffrey Wun | director, 10 percent owner, officer: CEO, President and Chairman | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Chih-ming Hsu | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
James J. Busuttil | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Lim Colin | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Raymond Choy | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Jan-yuan Lin | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Dmedia Llc | 10 percent owner | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Dmedia Holding Lp | 10 percent owner | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
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