A2B Australia (A2B Australia) Debt-to-Equity

: 0.32 (As of Dec. 2023)

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A2B Australia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.3 Mil. A2B Australia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.4 Mil. A2B Australia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $56.3 Mil. A2B Australia's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 A2B Australia's Debt-to-Equity or its related term are showing as below:

CGAAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.18 Max: 0.43
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of A2B Australia was 0.43. The lowest was 0.02. And the median was 0.18.

CGAAY's Debt-to-Equity is ranked worse than
59.52% of 2221 companies
in the Software industry
Industry Median: 0.21 vs CGAAY: 0.32

A2B Australia Debt-to-Equity Historical Data

The historical data trend for A2B Australia'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.

A2B Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.02

0.16

0.14

0.31

0.18

A2B Australia 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																0.18	0.31	0.30	0.18	0.32

Competitive Comparison

For the Software - Infrastructure subindustry, A2B Australia'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.

A2B Australia Debt-to-Equity Distribution

For the Software industry and Technology sector, A2B Australia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where A2B Australia's Debt-to-Equity falls into.

A2B Australia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

A2B Australia'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
	=	(1.206	+	12.385)	/	75.666
	=	0.18

A2B Australia'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
	=	(4.321	+	13.383)	/	56.264
	=	0.31

A2B Australia (OTCPK:CGAAY) 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.

A2B Australia Debt-to-Equity Related Terms

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A2B Australia (A2B Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » A2B Australia Ltd (OTCPK:CGAAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

A2B:Australia

Address

9-13 O’Riordan Street, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.a2baustralia.com

A2B Australia Ltd provides payment and other services to taxi operators in Australia and also operates taxis itself. Its brands include 13cabs, Cabcharge, Silver Service, MTI, Spotto, EFT Solutions, and Giraffe payments. The company derives revenue from the Taxi service fee; Network subscription fees and others.

A2B Australia (A2B Australia) Headlines

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