Austin Engineering (ASX:ANG) Debt-to-Equity : 0.35 (As of Jun. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Austin Engineering Debt-to-Equity?

Austin Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$37.9 Mil. Austin Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$8.2 Mil. Austin Engineering's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$130.3 Mil. Austin Engineering's debt to equity for the quarter that ended in Jun. 2024 was 0.35.

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 Austin Engineering's Debt-to-Equity or its related term are showing as below:

ASX:ANG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.35 Max: 0.82
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Austin Engineering was 0.82. The lowest was 0.21. And the median was 0.35.

ASX:ANG's Debt-to-Equity is ranked better than
53.72% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.37 vs ASX:ANG: 0.35

Austin Engineering Debt-to-Equity Historical Data

The historical data trend for Austin Engineering'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.

Austin Engineering Debt-to-Equity Chart

Austin Engineering Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

Get a 7-Day Free Trial

0.22

0.31

0.34

0.49

0.35

Austin Engineering Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.16	0.49	0.45	0.35

Competitive Comparison of Austin Engineering's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Austin Engineering'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.

Austin Engineering's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Austin Engineering's Debt-to-Equity distribution charts can be found below:

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

Austin Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Austin Engineering's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
	=	(37.86	+	8.158)	/	130.344
	=	0.35

Austin Engineering's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(37.86	+	8.158)	/	130.344
	=	0.35

Austin Engineering (ASX:ANG) 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.

Austin Engineering Debt-to-Equity Related Terms

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

Austin Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Austin Engineering Ltd (ASX:ANG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AUSTF:USA RZA:Germany

Address

100 Chisholm Crescent, Kewdale, Perth, WA, AUS, 6105

Website

https://www.austineng.com

Austin Engineering Ltd is an Australia-based engineering company. It designs and manufactures customized off-highway truck bodies, buckets, water tanks, tyre handlers, and other ancillary products. It is a complete service provider through the product's life cycle, offering on and off-site repair and maintenance. Its geographical segments include Asia-Pacific, North America, and South America. The company generates maximum revenue from the Asia-Pacific segment which is engaged in mining equipment, other products, and repair and maintenance services located in Australia and Indonesia.

Austin Engineering Headlines

No Headlines