GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Trust Andromeda Investment Trust SA (ATH:ANDRO) » Definitions » Debt-to-Equity

Alpha Trust Andromeda Investment Trust (ATH:ANDRO) Debt-to-Equity : 0.00 (As of Jun. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Alpha Trust Andromeda Investment Trust Debt-to-Equity?

Alpha Trust Andromeda Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.01 Mil. Alpha Trust Andromeda Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.01 Mil. Alpha Trust Andromeda Investment Trust's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €29.21 Mil. Alpha Trust Andromeda Investment Trust's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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 Alpha Trust Andromeda Investment Trust's Debt-to-Equity or its related term are showing as below:

ATH:ANDRO's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Alpha Trust Andromeda Investment Trust Debt-to-Equity Historical Data

The historical data trend for Alpha Trust Andromeda Investment Trust'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.

Alpha Trust Andromeda Investment Trust Debt-to-Equity Chart

Alpha Trust Andromeda Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Alpha Trust Andromeda Investment Trust 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 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 - - - - -

Competitive Comparison of Alpha Trust Andromeda Investment Trust's Debt-to-Equity

For the Asset Management subindustry, Alpha Trust Andromeda Investment Trust'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.


Alpha Trust Andromeda Investment Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alpha Trust Andromeda Investment Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alpha Trust Andromeda Investment Trust's Debt-to-Equity falls into.



Alpha Trust Andromeda Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alpha Trust Andromeda Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Alpha Trust Andromeda Investment Trust's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Alpha Trust Andromeda Investment Trust  (ATH:ANDRO) 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.


Alpha Trust Andromeda Investment Trust Debt-to-Equity Related Terms

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


Alpha Trust Andromeda Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
21, Tatoiou Street, Kifisia, Athens, GRC, 145 61
Alpha Trust Andromeda Investment Trust SA is a portfolio investment trust based in Greece. It engages in the management of financial assets. The investment portfolio includes listed domestic stock, Greek government bonds, corporate bonds, bonds, and derivatives.

Alpha Trust Andromeda Investment Trust Headlines

No Headlines