Austal (Austal) Debt-to-Equity : 0.25 (As of Dec. 2023)

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What is Austal Debt-to-Equity?

Austal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3 Mil. Austal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $154 Mil. Austal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $626 Mil. Austal's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

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

AUTLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.29 Max: 0.43
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Austal was 0.43. The lowest was 0.23. And the median was 0.29.

AUTLF's Debt-to-Equity is ranked better than
67.06% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs AUTLF: 0.25

Austal Debt-to-Equity Historical Data

The historical data trend for Austal'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.

Austal Debt-to-Equity Chart

Austal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.28

0.23

0.26

0.25

Austal 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															0.29	0.25	0.26	0.25	0.25

Competitive Comparison of Austal's Debt-to-Equity

For the Aerospace & Defense subindustry, Austal'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.

Austal's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Austal's Debt-to-Equity distribution charts can be found below:

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

Austal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Austal's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(3.344	+	158.037)	/	636.791
	=	0.25

Austal'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
	=	(2.94	+	153.759)	/	625.679
	=	0.25

Austal (OTCPK:AUTLF) 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.

Austal Debt-to-Equity Related Terms

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

Austal (Austal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Austal Ltd (OTCPK:AUTLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LX6:Germany ASB:Australia

Address

100 Clarence Beach Road, Henderson, Perth, WA, AUS, 6166

Website

https://www.austal.com

Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels in Australia, the United States, and the Philippines. Its segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies.