Air Water (Air Water) Debt-to-Equity : 0.93 (As of Dec. 2023)

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What is Air Water Debt-to-Equity?

Air Water's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $540 Mil. Air Water's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,440 Mil. Air Water's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,196 Mil. Air Water's debt to equity for the quarter that ended in Dec. 2023 was 0.93.

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

AWTRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.8 Max: 1.07
Current: 0.93

During the past 13 years, the highest Debt-to-Equity Ratio of Air Water was 1.07. The lowest was 0.58. And the median was 0.80.

AWTRF's Debt-to-Equity is ranked worse than
83.19% of 1398 companies
in the Chemicals industry
Industry Median: 0.35 vs AWTRF: 0.93

Air Water Debt-to-Equity Historical Data

The historical data trend for Air Water'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.

Air Water Debt-to-Equity Chart

Air Water Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.88

0.91

0.86

0.88

0.85

Air Water 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															0.89	0.85	0.83	0.91	0.93

Competitive Comparison of Air Water's Debt-to-Equity

For the Specialty Chemicals subindustry, Air Water'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.

Air Water's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Water's Debt-to-Equity distribution charts can be found below:

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

Air Water Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Air Water's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(623.502	+	2120.125)	/	3218.75
	=	0.85

Air Water'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
	=	(539.611	+	2440.133)	/	3196.272
	=	0.93

Air Water (OTCPK:AWTRF) 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.

Air Water Debt-to-Equity Related Terms

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Air Water (Air Water) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Air Water Inc (OTCPK:AWTRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4088:Japan 0AW:Germany

Address

12-8, Minami Semba 2-chome, Chuo-ku, Osaka, JPN, 542-0081

Website

http://www.awi.co.jp

Air Water Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into five primary segments based on product type. The industrial gas segment, which generates the most revenue of any segment, sells gases including oxygen used in blast furnaces to produce steel. The chemical business sells coal and fine chemicals to the agricultural and pharmaceutical industries. The medical segment sells medical gases and sterilization equipment to hospitals and home-care facilities. The agricultural and food products segment sells delicatessen meat, frozen foods, and fruit and vegetable juices. The energy segment sells natural gas.

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