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Aeta (BSE:ELGS) Debt-to-Equity : 0.15 (As of Sep. 2024)


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What is Aeta Debt-to-Equity?

Aeta's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was lei5.80 Mil. Aeta's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was lei0.49 Mil. Aeta's Total Stockholders Equity for the quarter that ended in Sep. 2024 was lei42.59 Mil. Aeta's debt to equity for the quarter that ended in Sep. 2024 was 0.15.

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

BSE:ELGS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.3   Max: 1.18
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Aeta was 1.18. The lowest was 0.02. And the median was 0.30.

BSE:ELGS's Debt-to-Equity is ranked better than
61.78% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs BSE:ELGS: 0.15

Aeta Debt-to-Equity Historical Data

The historical data trend for Aeta'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.

Aeta Debt-to-Equity Chart

Aeta 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 0.31 0.37 0.50 0.44 0.36

Aeta Quarterly Data
Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.39 0.36 0.30 0.18 0.15

Competitive Comparison of Aeta's Debt-to-Equity

For the Consumer Electronics subindustry, Aeta'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.


Aeta's Debt-to-Equity Distribution in the Hardware Industry

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

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



Aeta Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aeta's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aeta's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Aeta  (BSE:ELGS) 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.


Aeta Debt-to-Equity Related Terms

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


Aeta Business Description

Traded in Other Exchanges
N/A
Address
Strada Albesti No. 12, Judetul Arges, Curtea de Arges, ROU, 115300
Aeta SA formerly Electroarges SA manufactures electric domestic appliances. It produced and sale of consumer electrotechnical goods, portable electrical tools, execution of works, and provision of services. The products are used in household items and professional items for hotels and industrial purposes. Its products include dust and liquids vacuum cleaner, electric fan heater, EGG incubator and others.

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