Altus Group (Altus Group) Debt-to-Equity : 0.59 (As of Dec. 2023)

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What is Altus Group Debt-to-Equity?

Altus Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.7 Mil. Altus Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $254.3 Mil. Altus Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $449.1 Mil. Altus Group's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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

ASGTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.54 Max: 0.63
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of Altus Group was 0.63. The lowest was 0.36. And the median was 0.54.

ASGTF's Debt-to-Equity is ranked better than
57.92% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs ASGTF: 0.59

Altus Group Debt-to-Equity Historical Data

The historical data trend for Altus 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.

Altus Group Debt-to-Equity Chart

Altus Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.60

0.49

0.61

0.63

0.59

Altus Group 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															0.63	0.67	0.64	0.61	0.59

Competitive Comparison of Altus Group's Debt-to-Equity

For the Real Estate Services subindustry, Altus 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.

Altus Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Debt-to-Equity distribution charts can be found below:

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

Altus Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altus Group'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
	=	(10.693	+	254.328)	/	449.118
	=	0.59

Altus Group'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
	=	(10.693	+	254.328)	/	449.118
	=	0.59

Altus Group (OTCPK:ASGTF) 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.

Altus Group Debt-to-Equity Related Terms

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Altus Group (Altus Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Altus Group Ltd (OTCPK:ASGTF) » Definitions » Debt-to-Equity

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AIF:Canada

Address

33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4

Website

https://www.altusgroup.com

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.