Activeport Group (ASX:ATV) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Activeport Group Debt-to-Equity?

Activeport Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$4.15 Mil. Activeport Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.01 Mil. Activeport Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$29.87 Mil. Activeport Group's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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

ASX:ATV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.17 Max: 0.23
Current: 0.17

During the past 3 years, the highest Debt-to-Equity Ratio of Activeport Group was 0.23. The lowest was 0.08. And the median was 0.17.

ASX:ATV's Debt-to-Equity is ranked better than
54.59% of 2224 companies
in the Software industry
Industry Median: 0.21 vs ASX:ATV: 0.17

Activeport Group Debt-to-Equity Historical Data

The historical data trend for Activeport Group'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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Activeport Group Debt-to-Equity Chart

Activeport Group Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.09

0.16

0.19

Activeport Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.08	0.16	0.23	0.19	0.17

Competitive Comparison of Activeport Group's Debt-to-Equity

For the Information Technology Services subindustry, Activeport Group'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.

Activeport Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Activeport Group's Debt-to-Equity distribution charts can be found below:

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

Activeport Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Activeport Group'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
	=	(3.909	+	1.48)	/	28.088
	=	0.19

Activeport Group'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
	=	(4.153	+	1.01)	/	29.873
	=	0.17

Activeport Group (ASX:ATV) 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.

Activeport Group Debt-to-Equity Related Terms

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Activeport Group (ASX:ATV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Activeport Group Ltd (ASX:ATV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 St Georges Terrace, Level 28, West Perth, Perth, WA, AUS, 6000

Website

https://www.activeport.com.au

Activeport Group Ltd is engaged in the information technology-related business involving unique edge-to-cloud integrated service. It provides software used to orchestrate network connectivity from the Virtual Edge of the network at a customer's premises to data and Cloud services.