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Air Change International (ASX:AHJ) Debt-to-Equity : 0.00 (As of Jun. 2015)


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What is Air Change International Debt-to-Equity?

Air Change International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$0.00 Mil. Air Change International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$0.00 Mil. Air Change International's Total Stockholders Equity for the quarter that ended in Jun. 2015 was A$9.65 Mil. Air Change International's debt to equity for the quarter that ended in Jun. 2015 was 0.00.

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 Air Change International's Debt-to-Equity or its related term are showing as below:

ASX:AHJ's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Air Change International Debt-to-Equity Historical Data

The historical data trend for Air Change International'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.

Air Change International Debt-to-Equity Chart

Air Change International Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 - - -

Air Change International Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 - 0.08 - - -

Competitive Comparison of Air Change International's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Air Change International'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.


Air Change International's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Air Change International's Debt-to-Equity falls into.



Air Change International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Air Change International's Debt to Equity Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Air Change International's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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.


Air Change International  (ASX:AHJ) 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.


Air Change International Debt-to-Equity Related Terms

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Air Change International (ASX:AHJ) Business Description

Traded in Other Exchanges
N/A
Address
11 Broadhurst Road, Ingleburn, NSW, AUS, 2565
Air Change International Ltd operates through its subsidiaries, designs, manufactures and sells heating, cooling, and ventilation equipment for industrial, commercial, and institutional buildings and processes in Australia. It is a manufacturer of heating, ventilation and air conditioning systems, which incorporates energy and heat recovery technology and minimises the energy required to condition the fresh outdoor air supply for the indoor environment.

Air Change International (ASX:AHJ) Headlines

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