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Avon Protection (Avon Protection) Debt-to-Equity : 0.62 (As of Sep. 2023)


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What is Avon Protection Debt-to-Equity?

Avon Protection's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.3 Mil. Avon Protection's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $94.3 Mil. Avon Protection's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $159.4 Mil. Avon Protection's debt to equity for the quarter that ended in Sep. 2023 was 0.62.

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

AVNBF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.3   Max: 0.62
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Avon Protection was 0.62. The lowest was 0.03. And the median was 0.30.

AVNBF's Debt-to-Equity is ranked worse than
63.18% of 258 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs AVNBF: 0.62

Avon Protection Debt-to-Equity Historical Data

The historical data trend for Avon Protection'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.

Avon Protection Debt-to-Equity Chart

Avon Protection Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.30 0.34 0.37 0.62

Avon Protection Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 0.34 0.48 0.37 0.57 0.62

Competitive Comparison of Avon Protection's Debt-to-Equity

For the Aerospace & Defense subindustry, Avon Protection'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.


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

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

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



Avon Protection Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avon Protection's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Avon Protection'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.


Avon Protection  (OTCPK:AVNBF) 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.


Avon Protection Debt-to-Equity Related Terms

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


Avon Protection (Avon Protection) Business Description

Traded in Other Exchanges
Address
Semington Road, Hampton Park West, Melksham, Wiltshire, GBR, SN12 6NB
Avon Protection PLC is engaged in providing technology that designs and produces life-critical personal protection systems to maximize the performance and capabilities of its customers. The company's portfolio of life-critical protection solutions includes full-face respirators, ballistic helmets, escape hoods, SCBA systems, modular PAPR units, thermal imaging cameras, and underwater equipment for the world's militaries and first responders. The company has two operating and reportable segments, these being Respiratory Protection; which is the key revenue generating segment and the Head Protection. Geographically, the revenue is generated from United States which is the key revenue generating market and Europe.

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