ASTO (Astro Communications) Debt-to-Equity: 0.00 (As of . 20)


What is Astro Communications Debt-to-Equity?

Astro Communications ASTO Debt-to-Equity is 0.00 as of . 20.

Astro Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Astro Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Astro Communications's Total Stockholders Equity for the quarter that ended in . 20 was $0.00 Mil.

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 Astro Communications's Debt-to-Equity or its related term are showing as below:

ASTO's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Astro Communications  (OTCPK:ASTO) 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.

Astro Communications Debt-to-Equity Related Terms

Astro Communications Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Astro Communications'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.

Astro Communications Debt-to-Equity Chart

Astro Communications Annual Data
Trend
Debt-to-Equity

Astro Communications Quarterly Data
Debt-to-Equity

ASTO vs BOXS, VEND, PMTS: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Astro Communications'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.

Astro Communications Debt-to-Equity vs Industrial Products Industry

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

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


Astro Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Astro Communications's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Astro Communications's Debt to Equity Ratio for the quarter that ended in . 20 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
=( + ) /
=N/A

* 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 0.00 mean?
Astro Communications (ASTO) has a Debt-to-Equity of 0.00 as of . 20. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Astro Communications and its competitors.
Is Astro Communications' Debt-to-Equity too high?
Astro Communications' current Debt-to-Equity is 0.00.
How does Astro Communications' Debt-to-Equity compare to BOXS and VEND?
Astro Communications' Debt-to-Equity of 0.00 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.28. 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,673 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 Astro Communications and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astro Communications's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astro Communications stock overvalued right now?
Astro Communications (ASTO) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Astro Communications (ASTO), the current Debt-to-Equity is 0.00 as of . 20. 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.

Astro Communications Business Description

Address 59 North 5th Street, Saddle Brook, NJ, USA, 07663
Astro Communications Inc is engaged in the business of designing and manufacturing strobe lights for industrial surface inspection systems. The company operates through its subsidiaries Unilux, Inc, Astro Well Servicing Inc, and Unilux GmbH. The product portfolio includes handheld strobes, fixed-mount strobes, UV strobes, specialty strobes, and edge tech.