Eden Innovations (ASX:EDE) Debt-to-Equity : 3.08 (As of Jun. 2024)

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What is Eden Innovations Debt-to-Equity?

Eden Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$12.79 Mil. Eden Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. Eden Innovations's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$4.15 Mil. Eden Innovations's debt to equity for the quarter that ended in Jun. 2024 was 3.08.

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

ASX:EDE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.25 Max: 3.08
Current: 3.08

During the past 13 years, the highest Debt-to-Equity Ratio of Eden Innovations was 3.08. The lowest was 0.05. And the median was 0.25.

ASX:EDE's Debt-to-Equity is ranked worse than
98.03% of 2633 companies
in the Industrial Products industry
Industry Median: 0.29 vs ASX:EDE: 3.08

Eden Innovations Debt-to-Equity Historical Data

The historical data trend for Eden Innovations'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.

Eden Innovations Debt-to-Equity Chart

Eden Innovations Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.38

0.29

0.25

2.16

3.08

Eden Innovations 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															0.25	1.20	2.16	1.45	3.08

Competitive Comparison of Eden Innovations's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Eden Innovations'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.

Eden Innovations's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eden Innovations's Debt-to-Equity distribution charts can be found below:

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

Eden Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eden Innovations'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
	=	(12.791	+	0)	/	4.154
	=	3.08

Eden Innovations'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
	=	(12.791	+	0)	/	4.154
	=	3.08

Eden Innovations (ASX:EDE) 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.

Eden Innovations Debt-to-Equity Related Terms

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Eden Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eden Innovations Ltd (ASX:EDE) » Definitions » Debt-to-Equity

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EDEYF:USA

Address

197 St. Georges Terrace, Level 15, Perth, WA, AUS, 6000

Website

https://www.edeninnovations.com

Eden Innovations Ltd is engaged in developing clean technology solutions. It develops, manufactures, and markets EdenCrete, a concrete admixture, and OptiBlend, a retrofit dual fuel kit developed for diesel generator sets. The group has two segments namely Eden Innovations LLC, which includes EdenCrete sales and development and Optiblend sales, service, and manufacturing and Eden Innovations India Pvt Ltd, includes Optiblend sales, service, and manufacturing in India.