ASKH (Astika Holdings) Debt-to-Equity: -0.02 (As of Sep. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Astika Holdings Debt-to-Equity?

Astika Holdings ASKH Debt-to-Equity is -0.02 as of Sep. 2019.

Astika Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Astika Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Astika Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-0.21 Mil. Astika Holdings's debt to equity for the quarter that ended in Sep. 2019 was -0.02.

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

ASKH's Debt-to-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Astika Holdings  (OTCPK:ASKH) 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.

Astika Holdings Debt-to-Equity Related Terms

Astika Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Astika 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.

Astika Holdings Debt-to-Equity Chart

Astika Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial -0.81 -0.21 -0.19 -0.06 -0.03

Astika Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.04 -0.03 -0.03 -0.03 -0.02

ASKH vs FCIC, ITDN, AIKO: Debt-to-Equity Comparison

For the Textile Manufacturing subindustry, Astika 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.

Astika Holdings Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Astika Holdings's Debt-to-Equity distribution charts can be found below:

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


Astika Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Astika Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
=(0.004 + 0) / -0.125
=-0.03

Astika Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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
=(0.004 + 0) / -0.209
=-0.02

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.02 mean?
Astika Holdings (ASKH) has a Debt-to-Equity of -0.02 as of Sep. 2019. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Astika Holdings and its competitors.
Is Astika Holdings' Debt-to-Equity too high?
Astika Holdings' current Debt-to-Equity is -0.02.
How does Astika Holdings' Debt-to-Equity compare to FCIC and ITDN?
Astika Holdings' Debt-to-Equity of -0.02 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Debt-to-Equity is 0.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.43, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Astika Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astika Holdings's current Debt-to-Equity is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astika Holdings stock overvalued right now?
Astika Holdings (ASKH) has a current Debt-to-Equity of -0.02. The current Debt-to-Equity is -0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Astika Holdings (ASKH), the current Debt-to-Equity is -0.02 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Astika Holdings Business Description

Address 703 Rosebank Road, Level 1, Avondale, Auckland, NZL, 1348
Astika Holdings Inc engages in the business of developing, sampling, and selling its own brands of household textile products and manufacturing and selling other domestic and international brands of textile merchandise.