A2Z Smart Technologies (TSXV:AZ) Debt-to-Equity : 0.80 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is A2Z Smart Technologies Debt-to-Equity?

A2Z Smart Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.82 Mil. A2Z Smart Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.86 Mil. A2Z Smart Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.34 Mil. A2Z Smart Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.80.

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 A2Z Smart Technologies's Debt-to-Equity or its related term are showing as below:

TSXV:AZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.42 Med: 0.5 Max: 0.8
Current: 0.8

During the past 6 years, the highest Debt-to-Equity Ratio of A2Z Smart Technologies was 0.80. The lowest was -0.42. And the median was 0.50.

TSXV:AZ's Debt-to-Equity is ranked worse than
72.37% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs TSXV:AZ: 0.80

A2Z Smart Technologies Debt-to-Equity Historical Data

The historical data trend for A2Z Smart Technologies'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.

A2Z Smart Technologies Debt-to-Equity Chart

A2Z Smart Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.77

-0.42

0.08

0.50

0.80

A2Z Smart Technologies 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															0.50	0.46	0.48	0.58	0.80

Competitive Comparison of A2Z Smart Technologies's Debt-to-Equity

For the Aerospace & Defense subindustry, A2Z Smart Technologies'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.

A2Z Smart Technologies's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, A2Z Smart Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where A2Z Smart Technologies's Debt-to-Equity falls into.

A2Z Smart Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

A2Z Smart Technologies'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
	=	(1.819	+	0.856)	/	3.339
	=	0.80

A2Z Smart Technologies'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
	=	(1.819	+	0.856)	/	3.339
	=	0.80

A2Z Smart Technologies (TSXV:AZ) 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.

A2Z Smart Technologies Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of A2Z Smart Technologies's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

A2Z Smart Technologies (TSXV:AZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » A2Z Smart Technologies Corp (TSXV:AZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AZ:USA

Address

559 Briar Hill Avenue, Toronto, ON, CAN, M5N 1N1

Website

https://www.a2zas.com

A2Z Smart Technologies Corp is a technology company in Israel providing products to the Israeli Defense and Security Forces, specializing in military unmanned robotics and state-of-the-art automation and electronics technology. The company commenced the development of two products for the automotive market. The first product is a capsule that can be placed in a fuel tank to prevent gas tank explosions. The second product under development is a vehicle cover device that will protect automobiles from extreme weather conditions while the vehicle is not in use. The company also provides maintenance services to both external and in-house complex electronic systems and products.