Energy Action (ASX:EAX) Debt-to-Equity : 16.83 (As of Dec. 2023)

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What is Energy Action Debt-to-Equity?

Energy Action's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$4.81 Mil. Energy Action's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.99 Mil. Energy Action's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.40 Mil. Energy Action's debt to equity for the quarter that ended in Dec. 2023 was 16.83.

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

ASX:EAX' s Debt-to-Equity Range Over the Past 10 Years
Min: -307.04 Med: 0.7 Max: 16.83
Current: 16.83

During the past 12 years, the highest Debt-to-Equity Ratio of Energy Action was 16.83. The lowest was -307.04. And the median was 0.70.

ASX:EAX's Debt-to-Equity is ranked worse than
99.67% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs ASX:EAX: 16.83

Energy Action Debt-to-Equity Historical Data

The historical data trend for Energy Action'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.

Energy Action Debt-to-Equity Chart

Energy Action Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

1.00

2.16

3.04

-20.96

-307.04

Energy Action Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															3.43	-20.96	-12.91	-307.04	16.83

Competitive Comparison of Energy Action's Debt-to-Equity

For the Specialty Business Services subindustry, Energy Action'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.

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

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

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

Energy Action Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Energy Action'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
	=	(2.898	+	4.471)	/	-0.024
	=	-307.04

Energy Action'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
	=	(4.813	+	1.987)	/	0.404
	=	16.83

Energy Action (ASX:EAX) 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.

Energy Action Debt-to-Equity Related Terms

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

Energy Action (ASX:EAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Energy Action Ltd (ASX:EAX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Station Street, Level 5, Parramatta, NSW, AUS, 2150

Website

https://www.energyaction.com.au

Energy Action Ltd is engaged in providing integrated energy management services to a diverse base of commercial, industrial and small and medium-sized business customers. It offers electricity and gas procurement services in Australia. The company's core services include Procurement; Managed Services; Retail Services and Other. The company has one operating segment, which provides electricity and gas procurement services, energy management, and retail billing services in Australia. The company provides various services such as Energy Buying, Energy Management, Embedded Networks. It derives a majority of its revenues from Energy Management.

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