Asia Strategic Holdings (LSE:ASIA) Debt-to-Equity : -2.13 (As of Mar. 2024)

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What is Asia Strategic Holdings Debt-to-Equity?

Asia Strategic Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.41 Mil. Asia Strategic Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $14.32 Mil. Asia Strategic Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-7.86 Mil. Asia Strategic Holdings's debt to equity for the quarter that ended in Mar. 2024 was -2.13.

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

LSE:ASIA' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.52 Med: -2.37 Max: 11.37
Current: -2.13

During the past 8 years, the highest Debt-to-Equity Ratio of Asia Strategic Holdings was 11.37. The lowest was -14.52. And the median was -2.37.

LSE:ASIA's Debt-to-Equity is not ranked
in the Education industry.
Industry Median: 0.31 vs LSE:ASIA: -2.13

Asia Strategic Holdings Debt-to-Equity Historical Data

The historical data trend for Asia Strategic Holdings'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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Asia Strategic Holdings Debt-to-Equity Chart

Asia Strategic Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

Debt-to-Equity

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-10.97

-14.52

-2.61

Asia Strategic Holdings Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											-5.16	-14.52	-4.18	-2.61	-2.13

Competitive Comparison of Asia Strategic Holdings's Debt-to-Equity

For the Education & Training Services subindustry, Asia Strategic Holdings'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 Strategic Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Asia Strategic Holdings's Debt-to-Equity distribution charts can be found below:

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

Asia Strategic Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Strategic Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.252	+	12.447)	/	-5.632
	=	-2.61

Asia Strategic Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2.412	+	14.32)	/	-7.857
	=	-2.13

Asia Strategic Holdings (LSE:ASIA) 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 Strategic Holdings Debt-to-Equity Related Terms

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Asia Strategic Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Asia Strategic Holdings Ltd (LSE:ASIA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Raffles Place, No. 32-01, UOB Plaza 1, Singapore, SGP, 048624

Website

http://www.asia-strategic.com

Asia Strategic Holdings Ltd is an investment-based company. The company's operating segments are Education; Services and Corporate. It generates maximum revenue from the Education segment. The education segment includes the operation of education businesses ranging from early years to tertiary education and includes vocational training, consultancy, advisory, and project management services in the education sector in Myanmar and Vietnam. Geographically, it derives a majority of its revenue from Myanmar.