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Astrapak (JSE:9035.PFD) Debt-to-Equity : 0.23 (As of Aug. 2016)


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What is Astrapak Debt-to-Equity?

Astrapak's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2016 was R83.79 Mil. Astrapak's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2016 was R150.08 Mil. Astrapak's Total Stockholders Equity for the quarter that ended in Aug. 2016 was R1,012.79 Mil. Astrapak's debt to equity for the quarter that ended in Aug. 2016 was 0.23.

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

JSE:9035.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.34   Max: 0.6
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Astrapak was 0.60. The lowest was 0.17. And the median was 0.34.

JSE:9035.PFD's Debt-to-Equity is not ranked
in the Packaging & Containers industry.
Industry Median: 0.43 vs JSE:9035.PFD: 0.23

Astrapak Debt-to-Equity Historical Data

The historical data trend for Astrapak'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.

Astrapak Debt-to-Equity Chart

Astrapak Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.45 0.35 0.26 0.24

Astrapak Semi-Annual Data
Feb06 Feb07 Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16
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 0.34 0.26 0.19 0.24 0.23

Competitive Comparison of Astrapak's Debt-to-Equity

For the Packaging & Containers subindustry, Astrapak'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.


Astrapak's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Astrapak's Debt-to-Equity distribution charts can be found below:

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



Astrapak Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Astrapak's Debt to Equity Ratio for the fiscal year that ended in Feb. 2016 is calculated as

Astrapak's Debt to Equity Ratio for the quarter that ended in Aug. 2016 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.


Astrapak  (JSE:9035.PFD) 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.


Astrapak Debt-to-Equity Related Terms

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


Astrapak (JSE:9035.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Astrapak Ltd is engaged in manufacturing & distributing plastic packaging products. It provides packaging services to food, beverage, fruit, confectionery, pharmaceutical, petrochemical, industrial markets.

Astrapak (JSE:9035.PFD) Headlines

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