AETHF (Aether Global Innovations) Debt-to-Equity : -0.19 (As of May. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Aether Global Innovations Debt-to-Equity?

Aether Global Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $0.11 Mil. Aether Global Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $0.00 Mil. Aether Global Innovations's Total Stockholders Equity for the quarter that ended in May. 2024 was $-0.58 Mil. Aether Global Innovations's debt to equity for the quarter that ended in May. 2024 was -0.19.

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 Aether Global Innovations's Debt-to-Equity or its related term are showing as below:

AETHF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.82 Med: 0 Max: 1.68
Current: -0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Aether Global Innovations was 1.68. The lowest was -0.82. And the median was 0.00.

AETHF's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs AETHF: -0.19

Aether Global Innovations Debt-to-Equity Historical Data

The historical data trend for Aether Global Innovations'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.

Aether Global Innovations Debt-to-Equity Chart

Aether Global Innovations Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

Get a 7-Day Free Trial

-0.83

0.15

-0.11

-0.18

Aether Global Innovations Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.08	-0.18	-0.13	-0.19

Competitive Comparison of Aether Global Innovations's Debt-to-Equity

For the Security & Protection Services subindustry, Aether Global Innovations'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.

Aether Global Innovations's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aether Global Innovations's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aether Global Innovations's Debt-to-Equity falls into.

Aether Global Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aether Global Innovations's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(0.035	+	0)	/	-0.197
	=	-0.18

Aether Global Innovations's Debt to Equity Ratio for the quarter that ended in May. 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
	=	(0.109	+	0)	/	-0.577
	=	-0.19

Aether Global Innovations (OTCPK:AETHF) 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.

Aether Global Innovations Debt-to-Equity Related Terms

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

Aether Global Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aether Global Innovations Corp (OTCPK:AETHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4XA0:Germany AETH:Canada

Address

1199 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6E 3T5

Website

https://www.aethergic.com

Aether Global Innovations Corp is an innovative UAV drone management and operations services company that focuses on three areas critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure, and technology for autonomous self-landing, power charging, and take-off.

Aether Global Innovations Headlines

From GuruFocus

Plymouth Rock Technologies Issued Patent for Advanced Threat Screening Technology

By PRNewswire PRNewswire • 06-25-2020

Plymouth Rock Technologies Forms Strategic Alliance With Hummingbird Drones to Fight Wildfire Threats

By PRNewswire PRNewswire • 07-16-2020