Axios Mobile Assets (Axios Mobile Assets) Debt-to-Equity : 1.34 (As of Sep. 2016)

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What is Axios Mobile Assets Debt-to-Equity?

Axios Mobile Assets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $2.98 Mil. Axios Mobile Assets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $5.47 Mil. Axios Mobile Assets's Total Stockholders Equity for the quarter that ended in Sep. 2016 was $6.30 Mil. Axios Mobile Assets's debt to equity for the quarter that ended in Sep. 2016 was 1.34.

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 Axios Mobile Assets's Debt-to-Equity or its related term are showing as below:

AXBSF's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Axios Mobile Assets Debt-to-Equity Historical Data

The historical data trend for Axios Mobile Assets'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.

Axios Mobile Assets Debt-to-Equity Chart

Axios Mobile Assets Annual Data

Trend

Sep08

Sep09

Sep10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

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0.20

2.53

0.32

Axios Mobile Assets Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Debt-to-Equity	Get a 7-Day Free Trial															0.75	0.32	0.39	0.51	1.34

Competitive Comparison of Axios Mobile Assets's Debt-to-Equity

For the Communication Equipment subindustry, Axios Mobile Assets'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.

Axios Mobile Assets's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Axios Mobile Assets's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Axios Mobile Assets's Debt-to-Equity falls into.

Axios Mobile Assets Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Axios Mobile Assets's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 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
	=	(2.086	+	2.188)	/	13.486
	=	0.32

Axios Mobile Assets's Debt to Equity Ratio for the quarter that ended in Sep. 2016 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
	=	(2.979	+	5.468)	/	6.295
	=	1.34

Axios Mobile Assets (OTCPK:AXBSF) 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.

Axios Mobile Assets Debt-to-Equity Related Terms

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

Axios Mobile Assets (Axios Mobile Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets (Axios Mobile Assets) Headlines

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