Aquarius Engines (Aquarius Engines) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is Aquarius Engines Debt-to-Equity?

Aquarius Engines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.14 Mil. Aquarius Engines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.98 Mil. Aquarius Engines's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14.02 Mil. Aquarius Engines's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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 Aquarius Engines's Debt-to-Equity or its related term are showing as below:

AQUEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.29
Current: 0.29

During the past 7 years, the highest Debt-to-Equity Ratio of Aquarius Engines was 0.29. The lowest was 0.01. And the median was 0.14.

AQUEF's Debt-to-Equity is ranked better than
50.34% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs AQUEF: 0.29

Aquarius Engines Debt-to-Equity Historical Data

The historical data trend for Aquarius Engines'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.

Aquarius Engines Debt-to-Equity Chart

Aquarius Engines Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.01

0.14

0.19

0.29

Aquarius Engines Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.15	0.16	0.19	0.29	0.29

Competitive Comparison of Aquarius Engines's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Aquarius Engines'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.

Aquarius Engines's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aquarius Engines's Debt-to-Equity distribution charts can be found below:

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

Aquarius Engines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aquarius Engines'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
	=	(1.138	+	2.975)	/	14.019
	=	0.29

Aquarius Engines's Debt to Equity Ratio for the quarter 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
	=	(1.138	+	2.975)	/	14.019
	=	0.29

Aquarius Engines (OTCPK:AQUEF) 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.

Aquarius Engines Debt-to-Equity Related Terms

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