Fire & Gas Detection Technologies (XTAE:FGAS) Debt-to-Equity : 0.65 (As of Dec. 2023)

Fire & Gas Detection Technologies Debt-to-Equity Chart

Fire & Gas Detection Technologies Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.19	1.03	1.61	2.11	0.65

Competitive Comparison of Fire & Gas Detection Technologies's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Fire & Gas Detection 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.

Fire & Gas Detection Technologies's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fire & Gas Detection Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fire & Gas Detection Technologies's Debt-to-Equity falls into.

Fire & Gas Detection Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fire & Gas Detection Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fire & Gas Detection Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 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.

Fire & Gas Detection Technologies  (XTAE:FGAS) 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.

Fire & Gas Detection Technologies Debt-to-Equity Related Terms

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Fire & Gas Detection Technologies (XTAE:FGAS) Business Description