Aton Green Storage SpA (FRA:6E6) Debt-to-Equity : 1.36 (As of Jun. 2024)

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What is Aton Green Storage SpA Debt-to-Equity?

Aton Green Storage SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €11.62 Mil. Aton Green Storage SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €20.09 Mil. Aton Green Storage SpA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €23.32 Mil. Aton Green Storage SpA's debt to equity for the quarter that ended in Jun. 2024 was 1.36.

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 Aton Green Storage SpA's Debt-to-Equity or its related term are showing as below:

FRA:6E6' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.48 Med: 0.81 Max: 3.54
Current: -5.31

During the past 7 years, the highest Debt-to-Equity Ratio of Aton Green Storage SpA was 3.54. The lowest was -5.48. And the median was 0.81.

FRA:6E6's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs FRA:6E6: -5.31

Aton Green Storage SpA Debt-to-Equity Historical Data

The historical data trend for Aton Green Storage SpA'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.

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Aton Green Storage SpA Debt-to-Equity Chart

Aton Green Storage SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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3.54

0.29

0.89

1.25

Aton Green Storage SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial							0.89	0.67	1.25	1.36	-

Competitive Comparison of Aton Green Storage SpA's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Aton Green Storage SpA'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.

Aton Green Storage SpA's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aton Green Storage SpA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aton Green Storage SpA's Debt-to-Equity falls into.

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Aton Green Storage SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aton Green Storage SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(9.105	+	22.355)	/	25.194
	=	1.25

Aton Green Storage SpA's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(11.619	+	20.088)	/	23.317
	=	1.36

Aton Green Storage SpA (FRA:6E6) 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.

Aton Green Storage SpA Debt-to-Equity Related Terms

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Aton Green Storage SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aton Green Storage SpA (FRA:6E6) » Definitions » Debt-to-Equity

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ATON:Italy

Address

Via Guido Rossa, 5, Spilamberto, Modena, ITA, 41057

Website

https://www.atonstorage.com

Aton Green Storage SpA is an Italian company in the market for the engineering and production of storage systems for photovoltaic systems - Battery Energy Storage System. Its products include RA. Store-K, RA.Store-3, Zon.IS, G.Store, H.Store, Z.Store for new and existing plants; and Axis.T. for electric vehicle charging.

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