Asti Holdings (Asti Holdings) Debt-to-Equity : 0.18 (As of Jun. 2023)

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What is Asti Holdings Debt-to-Equity?

Asti Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3.20 Mil. Asti Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6.79 Mil. Asti Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $54.51 Mil. Asti Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.18.

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

AIHGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.23 Max: 0.53
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Asti Holdings was 0.53. The lowest was 0.07. And the median was 0.23.

AIHGY's Debt-to-Equity is not ranked
in the Semiconductors industry.
Industry Median: 0.26 vs AIHGY: 0.18

Asti Holdings Debt-to-Equity Historical Data

The historical data trend for Asti 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.

* Premium members only.

Asti Holdings Debt-to-Equity Chart

Asti Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.50

0.08

0.07

0.08

Asti Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.07	0.08	0.07	0.18

Competitive Comparison of Asti Holdings's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Asti 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.

Asti Holdings's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Asti Holdings's Debt-to-Equity distribution charts can be found below:

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

Asti Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asti Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(2.805	+	1.229)	/	50.431
	=	0.08

Asti Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(3.199	+	6.787)	/	54.513
	=	0.18

Asti Holdings (GREY:AIHGY) 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.

Asti Holdings Debt-to-Equity Related Terms

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Asti Holdings (Asti Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Asti Holdings Ltd (GREY:AIHGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Ubi Avenue 3, Number 08-69 Vertex, Singapore, SGP, 408868

Website

https://www.astigp.com

Asti Holdings Ltd is engaged in research, design, develop and manufacture semiconductor equipment for customers. It provides an integrated range of services comprising Backend Equipment Solutions and Technologies ( BEST) and Services. The company offers equipment contract manufacturing services, which include manufacturing precision parts, modules, and standalone equipment assembly. It also designs and develops advanced packaging solutions for semiconductors, targeting the mobility and 3C convergent markets. The company's business comprises of Semiconductor Equipment, Semiconductor Manufacturing Services, Semiconductor Packaging Solutions, Equipment Contract Manufacturing Services (ECMS), and Services.

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