Aussie Broadband (ASX:ABB) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Aussie Broadband Debt-to-Equity?

Aussie Broadband's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$11.7 Mil. Aussie Broadband's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$77.3 Mil. Aussie Broadband's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$439.9 Mil. Aussie Broadband's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Aussie Broadband's Debt-to-Equity or its related term are showing as below:

ASX:ABB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.25 Max: 0.81
Current: 0.2

During the past 4 years, the highest Debt-to-Equity Ratio of Aussie Broadband was 0.81. The lowest was 0.15. And the median was 0.25.

ASX:ABB's Debt-to-Equity is ranked better than
78.43% of 343 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs ASX:ABB: 0.20

Aussie Broadband Debt-to-Equity Historical Data

The historical data trend for Aussie Broadband'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.

Aussie Broadband Debt-to-Equity Chart

Aussie Broadband Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.36

0.18

0.81

0.70

Aussie Broadband Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.15	0.81	-	0.70	0.20

Competitive Comparison of Aussie Broadband's Debt-to-Equity

For the Telecom Services subindustry, Aussie Broadband'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.

Aussie Broadband's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Aussie Broadband's Debt-to-Equity distribution charts can be found below:

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

Aussie Broadband Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aussie Broadband's Debt to Equity Ratio for the fiscal year 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
	=	(23.629	+	180.373)	/	291.781
	=	0.70

Aussie Broadband'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
	=	(11.666	+	77.291)	/	439.889
	=	0.20

Aussie Broadband (ASX:ABB) 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.

Aussie Broadband Debt-to-Equity Related Terms

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

Aussie Broadband (ASX:ABB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Aussie Broadband Ltd (ASX:ABB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Electra Avenue, Morwell, VIC, AUS, 3840

Website

https://www.aussiebroadband.com.au

Aussie Broadband Ltd is a telecommunications company. It provides NBN subscription plans and bundles to residential homes, small businesses, not-for-profits, corporate/enterprise, and managed service providers. It is organized into four operating segments: Residential, Business, Wholesale, and Enterprise and Government. The Residential segment is the main revenue driver for the group. Residential segment provides telecommunications services to residential users. The company services all states and territories in Australia.

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