APTtellite Holdings (APTtellite Holdings) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is APTtellite Holdings Debt-to-Equity?

APTtellite Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.3 Mil. APTtellite Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14.5 Mil. APTtellite Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $778.6 Mil. APTtellite Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 APTtellite Holdings's Debt-to-Equity or its related term are showing as below:

ASEJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.26
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of APTtellite Holdings was 0.26. The lowest was 0.02. And the median was 0.05.

ASEJF's Debt-to-Equity is ranked better than
98.28% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs ASEJF: 0.02

APTtellite Holdings Debt-to-Equity Historical Data

The historical data trend for APTtellite Holdings'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.

APTtellite Holdings Debt-to-Equity Chart

APTtellite Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

APTtellite Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.02

Competitive Comparison of APTtellite Holdings's Debt-to-Equity

For the Telecom Services subindustry, APTtellite Holdings'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.

APTtellite Holdings's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, APTtellite Holdings's Debt-to-Equity distribution charts can be found below:

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

APTtellite Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

APTtellite Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(4.283	+	14.533)	/	778.627
	=	0.02

APTtellite Holdings'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
	=	(4.283	+	14.533)	/	778.627
	=	0.02

APTtellite Holdings (OTCPK:ASEJF) 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.

APTtellite Holdings Debt-to-Equity Related Terms

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APTtellite Holdings (APTtellite Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » APT Satellite Holdings Ltd (OTCPK:ASEJF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

01045:Hong Kong

Address

22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.apstar.com

APT Satellite Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in the maintenance, operation, and provision of satellite transponder capacity and related services; satellite-based broadcasting and telecommunications services; and other services. From a regional perspective, the company's revenue is derived from customers in Hong Kong, Greater China, Southeast Asia, and other regions.

Executives

Jaycee James

10 percent owner

9298 SVL BOX, VICTORVILLE CA 92395

APTtellite Holdings (APTtellite Holdings) Headlines

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