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Ultima United (ASX:UUL) Debt-to-Equity : 0.12 (As of Jun. 2022)


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What is Ultima United Debt-to-Equity?

Ultima United's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was A$1.96 Mil. Ultima United's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was A$0.70 Mil. Ultima United's Total Stockholders Equity for the quarter that ended in Jun. 2022 was A$23.18 Mil. Ultima United's debt to equity for the quarter that ended in Jun. 2022 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 Ultima United's Debt-to-Equity or its related term are showing as below:

ASX:UUL's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.75
* Ranked among companies with meaningful Debt-to-Equity only.

Ultima United Debt-to-Equity Historical Data

The historical data trend for Ultima United'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.

Ultima United Debt-to-Equity Chart

Ultima United Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.61 1.56 0.59 0.12

Ultima United Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 0.58 0.59 0.12 0.12

Competitive Comparison of Ultima United's Debt-to-Equity

For the Real Estate - Development subindustry, Ultima United'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.


Ultima United's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ultima United's Debt-to-Equity distribution charts can be found below:

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



Ultima United Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ultima United's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Ultima United's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* 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.


Ultima United  (ASX:UUL) 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.


Ultima United Debt-to-Equity Related Terms

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Ultima United (ASX:UUL) Business Description

Traded in Other Exchanges
N/A
Address
11 Preston Street, Suite 14, Como, Perth, WA, AUS, 6152
Ultima United Ltd is a property development company which currently focuses on developing affordable residential houses and apartment units in Western Australia. Its projects include Bentley Development, Cannington Development, and Como Development. The company operates in one geographical and business segment being property development in Australia.

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