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Asia Aviation PCL (FRA:55AA) Debt-to-Equity : 5.52 (As of Mar. 2024)


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What is Asia Aviation PCL Debt-to-Equity?

Asia Aviation PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €254 Mil. Asia Aviation PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €877 Mil. Asia Aviation PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €205 Mil. Asia Aviation PCL's debt to equity for the quarter that ended in Mar. 2024 was 5.52.

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 Asia Aviation PCL's Debt-to-Equity or its related term are showing as below:

FRA:55AA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46   Med: 1.02   Max: 10.46
Current: 5.52

During the past 13 years, the highest Debt-to-Equity Ratio of Asia Aviation PCL was 10.46. The lowest was 0.46. And the median was 1.02.

FRA:55AA's Debt-to-Equity is ranked worse than
96.84% of 886 companies
in the Transportation industry
Industry Median: 0.55 vs FRA:55AA: 5.52

Asia Aviation PCL Debt-to-Equity Historical Data

The historical data trend for Asia Aviation PCL'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.

Asia Aviation PCL Debt-to-Equity Chart

Asia Aviation PCL 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 1.10 2.71 2.24 5.50 5.12

Asia Aviation PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.17 6.01 8.01 5.12 5.52

Competitive Comparison of Asia Aviation PCL's Debt-to-Equity

For the Airlines subindustry, Asia Aviation PCL'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.


Asia Aviation PCL's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's Debt-to-Equity distribution charts can be found below:

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



Asia Aviation PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Asia Aviation PCL's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Asia Aviation PCL  (FRA:55AA) 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.


Asia Aviation PCL Debt-to-Equity Related Terms

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


Asia Aviation PCL (FRA:55AA) Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL (FRA:55AA) Headlines

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