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Aerkomm (Aerkomm) Debt-to-Equity : 1.13 (As of Sep. 2023)


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What is Aerkomm Debt-to-Equity?

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:

AKOM' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.33   Med: 0.06   Max: 1.86
Current: 1.13

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.

AKOM's Debt-to-Equity is ranked worse than
88.85% of 2197 companies
in the Hardware industry
Industry Median: 0.28 vs AKOM: 1.13

Aerkomm Debt-to-Equity Historical Data

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.

* Premium members only.

Aerkomm Debt-to-Equity Chart

Aerkomm Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 1.35 1.61 1.72 1.13

Competitive Comparison of Aerkomm's Debt-to-Equity

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.


Aerkomm's Debt-to-Equity Distribution in the Hardware Industry

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.



Aerkomm Debt-to-Equity Calculation

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

Aerkomm's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Aerkomm Debt-to-Equity Related Terms

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.


Aerkomm (Aerkomm) Business Description

Traded in Other Exchanges
Address
44043 Fremont Boulevard, Fremont, CA, USA, 94538
Aerkomm Inc is an us-based service provider of in-flight connectivity and entertainment (IFEC) solutions intended to provide airline passengers with a broadband in-flight experience that encompasses a wide range of service options. Its services include Wi-Fi, cellular, movies, gaming, live TV, and music. The company also focuses on providing related content management services and onboard e-commerce solutions such as Connectivity Solutions, Content Solutions, Black Box Live, AirCinema, and others.
Executives
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