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Aqua Power Systems (Aqua Power Systems) Debt-to-Equity : 1.88 (As of Sep. 2022)


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What is Aqua Power Systems Debt-to-Equity?

Aqua Power Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.03 Mil. Aqua Power Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Aqua Power Systems's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $0.02 Mil. Aqua Power Systems's debt to equity for the quarter that ended in Sep. 2022 was 1.88.

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 Aqua Power Systems's Debt-to-Equity or its related term are showing as below:

APSI's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Aqua Power Systems Debt-to-Equity Historical Data

The historical data trend for Aqua Power Systems'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.

Aqua Power Systems Debt-to-Equity Chart

Aqua Power Systems Annual Data
Trend Apr12 Apr13 Mar15 Mar21
Debt-to-Equity
- - -3.38 -0.64

Aqua Power Systems Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 N/A 0.05 0.32 0.59 1.88

Competitive Comparison of Aqua Power Systems's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Aqua Power Systems'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.


Aqua Power Systems's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aqua Power Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aqua Power Systems's Debt-to-Equity falls into.



Aqua Power Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aqua Power Systems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Aqua Power Systems's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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.


Aqua Power Systems  (OTCPK:APSI) 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.


Aqua Power Systems Debt-to-Equity Related Terms

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


Aqua Power Systems (Aqua Power Systems) Business Description

Traded in Other Exchanges
N/A
Address
2180 Park Avenue North, Unit 200, Winter Park, FL, USA, 32789
Aqua Power Systems Inc provides efficient and reliable logistics and transportation solutions.

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