Aquirian (ASX:AQN) Debt-to-Equity : 1.43 (As of Jun. 2024)

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What is Aquirian Debt-to-Equity?

Aquirian's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$2.84 Mil. Aquirian's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$13.23 Mil. Aquirian's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$11.27 Mil. Aquirian's debt to equity for the quarter that ended in Jun. 2024 was 1.43.

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

ASX:AQN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.78 Max: 1.43
Current: 1.43

During the past 3 years, the highest Debt-to-Equity Ratio of Aquirian was 1.43. The lowest was 0.64. And the median was 0.78.

ASX:AQN's Debt-to-Equity is ranked worse than
81.82% of 913 companies
in the Business Services industry
Industry Median: 0.37 vs ASX:AQN: 1.43

Aquirian Debt-to-Equity Historical Data

The historical data trend for Aquirian'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.

Aquirian Debt-to-Equity Chart

Aquirian Annual Data

Trend

Jun22

Jun23

Jun24

Debt-to-Equity

0.64

0.78

1.43

Aquirian Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			0.64	0.65	0.78	0.61	1.43

Competitive Comparison of Aquirian's Debt-to-Equity

For the Rental & Leasing Services subindustry, Aquirian'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.

Aquirian's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aquirian's Debt-to-Equity distribution charts can be found below:

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

Aquirian Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aquirian'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
	=	(2.844	+	13.231)	/	11.265
	=	1.43

Aquirian'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
	=	(2.844	+	13.231)	/	11.265
	=	1.43

Aquirian (ASX:AQN) 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.

Aquirian Debt-to-Equity Related Terms

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

Aquirian Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aquirian Ltd (ASX:AQN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 St. Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

https://www.aquirian.com

Aquirian Ltd is a provider of integrated solutions to the resource market. It is engaged in the provision of equipment, workforce, and training solutions to the mining and resources industry. The company has segments which are Mining Services, People Services, and Corporate/ Unallocated segments and the company generates the majority of its revenue from mining services.