Chemring Group (Chemring Group) Debt-to-Asset : 0.13 (As of Apr. 2024)

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What is Chemring Group Debt-to-Asset?

Chemring Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $19.1 Mil. Chemring Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $80.7 Mil. Chemring Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Apr. 2024 was $770.2 Mil. Chemring Group's debt to asset for the quarter that ended in Apr. 2024 was 0.13.

Chemring Group Debt-to-Asset Historical Data

The historical data trend for Chemring Group's Debt-to-Asset 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.

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Chemring Group Debt-to-Asset Chart

Chemring Group Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Asset

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0.15

0.12

0.06

0.04

Chemring Group Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Debt-to-Asset	Get a 7-Day Free Trial															0.05	0.04	0.05	0.04	0.13

Competitive Comparison of Chemring Group's Debt-to-Asset

For the Aerospace & Defense subindustry, Chemring Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Chemring Group's Debt-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chemring Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Chemring Group's Debt-to-Asset falls into.

Chemring Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Chemring Group's Debt-to-Asset for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.34	+	23.873)	/	726.431
	=	0.03

Chemring Group's Debt-to-Asset for the quarter that ended in Apr. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(19.149	+	80.726)	/	770.213
	=	0.13

Chemring Group (OTCPK:CMGMY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Chemring Group Debt-to-Asset Related Terms

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Chemring Group (Chemring Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Chemring Group PLC (OTCPK:CMGMY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

CMGMF:USA CHGl:UK CHG:UK CMN1:Germany

Address

Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN

Website

http://www.chemring.co.uk

Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.