Aspermont (ASX:ASP) Debt-to-Equity : 0.11 (As of Sep. 2023)

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What is Aspermont Debt-to-Equity?

Aspermont's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.30 Mil. Aspermont's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.19 Mil. Aspermont's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$4.66 Mil. Aspermont's debt to equity for the quarter that ended in Sep. 2023 was 0.11.

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

ASX:ASP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.21 Max: 3.47
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Aspermont was 3.47. The lowest was 0.00. And the median was 0.21.

ASX:ASP's Debt-to-Equity is ranked better than
70.72% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs ASX:ASP: 0.11

Aspermont Debt-to-Equity Historical Data

The historical data trend for Aspermont'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.

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Aspermont Debt-to-Equity Chart

Aspermont Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.56

0.32

0.09

0.01

0.11

Aspermont Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.05	0.01	0.01	0.11

Competitive Comparison of Aspermont's Debt-to-Equity

For the Publishing subindustry, Aspermont'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.

Aspermont's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Aspermont's Debt-to-Equity distribution charts can be found below:

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

Aspermont Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aspermont's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(0.302	+	0.194)	/	4.661
	=	0.11

Aspermont's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.302	+	0.194)	/	4.661
	=	0.11

Aspermont (ASX:ASP) 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.

Aspermont Debt-to-Equity Related Terms

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Aspermont (ASX:ASP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Aspermont Ltd (ASX:ASP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00W:Germany

Address

613- 619 Wellington Street, Perth, WA, AUS, 6000

Website

https://www.aspermont.com

Aspermont Ltd is a publishing company. Business operating segments include; Media services-advertising and events, XaaS- media subscriptions and related services, and Data- mainly lead generation activity. The Publishing segment derives subscription, advertising, and sponsorship revenues from print and online publications and holding conferences in trade sectors including mining, agriculture, energy, and technology sector. It also derives revenue from B to B lead generation activity it undertakes on behalf of clients utilising its contacts database. The firm mainly operates within Australia and in the United Kingdom. Geographically, it derives a majority of its revenue from Apac and also has a presence in Europe; America, and other countries.