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The a2 Milk Co (The a2 Milk Co) Debt-to-Equity : 0.09 (As of Jun. 2023)


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What is The a2 Milk Co Debt-to-Equity?

The a2 Milk Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $11.8 Mil. The a2 Milk Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $50.5 Mil. The a2 Milk Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $703.0 Mil. The a2 Milk Co's debt to equity for the quarter that ended in Jun. 2023 was 0.09.

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 The a2 Milk Co's Debt-to-Equity or its related term are showing as below:

ACOPF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.11
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of The a2 Milk Co was 0.11. The lowest was 0.02. And the median was 0.05.

ACOPF's Debt-to-Equity is ranked better than
82.23% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.405 vs ACOPF: 0.09

The a2 Milk Co Debt-to-Equity Historical Data

The historical data trend for The a2 Milk Co'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.

The a2 Milk Co Debt-to-Equity Chart

The a2 Milk Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.02 0.11 0.09

The a2 Milk Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.08 0.11 0.10 0.09

Competitive Comparison of The a2 Milk Co's Debt-to-Equity

For the Packaged Foods subindustry, The a2 Milk Co'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.


The a2 Milk Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The a2 Milk Co's Debt-to-Equity falls into.



The a2 Milk Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The a2 Milk Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

The a2 Milk Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


The a2 Milk Co  (OTCPK:ACOPF) 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.


The a2 Milk Co Debt-to-Equity Related Terms

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The a2 Milk Co (The a2 Milk Co) Business Description

Address
51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

The a2 Milk Co (The a2 Milk Co) Headlines

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