AAGR (African Agriculture Holdings) Debt-to-Equity: -0.48 (As of Mar. 2024)

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What is African Agriculture Holdings Debt-to-Equity?

African Agriculture Holdings AAGR Debt-to-Equity is -0.48 as of Mar. 2024.

African Agriculture Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.85 Mil. African Agriculture Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.85 Mil. African Agriculture Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-24.36 Mil. African Agriculture Holdings's debt to equity for the quarter that ended in Mar. 2024 was -0.48.

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 African Agriculture Holdings's Debt-to-Equity or its related term are showing as below:

AAGR's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

African Agriculture Holdings  (OTCPK:AAGR) 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.

African Agriculture Holdings Debt-to-Equity Related Terms

African Agriculture Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for African Agriculture Holdings'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.

African Agriculture Holdings Debt-to-Equity Chart

African Agriculture Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
-1.29 -1.79 -0.52

African Agriculture Holdings Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only -1.40 -1.16 -1.41 -0.52 -0.48

AAGR vs SHMP, AGRI, ADM: Debt-to-Equity Comparison

For the Farm Products subindustry, African Agriculture Holdings'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.

African Agriculture Holdings Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, African Agriculture Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where African Agriculture Holdings's Debt-to-Equity falls into.


African Agriculture Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

African Agriculture Holdings'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
=(4.917 + 6.819) / -22.583
=-0.52

African Agriculture Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(4.845 + 6.854) / -24.357
=-0.48

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.48 mean?
African Agriculture Holdings (AAGR) has a Debt-to-Equity of -0.48 as of Mar. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on African Agriculture Holdings and its competitors.
Is African Agriculture Holdings' Debt-to-Equity too high?
African Agriculture Holdings' current Debt-to-Equity is -0.48.
How does African Agriculture Holdings' Debt-to-Equity compare to SHMP and AGRI?
African Agriculture Holdings' Debt-to-Equity of -0.48 can be compared against companies in the Consumer Packaged Goods industry. The industry median Debt-to-Equity is 0.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,747 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on African Agriculture Holdings and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Agriculture Holdings's current Debt-to-Equity is -0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Agriculture Holdings stock overvalued right now?
African Agriculture Holdings (AAGR) has a current Debt-to-Equity of -0.48. The current Debt-to-Equity is -0.48. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For African Agriculture Holdings (AAGR), the current Debt-to-Equity is -0.48 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Agriculture Holdings Business Description

Address 445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.