Avingtrans (LSE:AVG) Debt-to-Equity : 0.20 (As of Nov. 2023)

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What is Avingtrans Debt-to-Equity?

Avingtrans's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £8.9 Mil. Avingtrans's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £12.9 Mil. Avingtrans's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £110.3 Mil. Avingtrans's debt to equity for the quarter that ended in Nov. 2023 was 0.20.

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

LSE:AVG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.19 Max: 0.36
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Avingtrans was 0.36. The lowest was 0.03. And the median was 0.19.

LSE:AVG's Debt-to-Equity is ranked better than
60.29% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs LSE:AVG: 0.20

Avingtrans Debt-to-Equity Historical Data

The historical data trend for Avingtrans'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.

Avingtrans Debt-to-Equity Chart

Avingtrans Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

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0.16

0.31

0.10

0.11

0.08

Avingtrans Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.11	0.07	0.08	0.20

Competitive Comparison of Avingtrans's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Avingtrans'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.

Avingtrans's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Avingtrans Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avingtrans's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(4.58	+	3.997)	/	106.042
	=	0.08

Avingtrans's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(8.857	+	12.89)	/	110.264
	=	0.20

Avingtrans (LSE:AVG) 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.

Avingtrans Debt-to-Equity Related Terms

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

Avingtrans (LSE:AVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avingtrans PLC (LSE:AVG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA

Website

https://www.avingtrans.plc.uk

Avingtrans PLCis a UK based company, designs and manufactures engineered components, systems and services for the automotive, healthcare and traffic management industries around the world. The company is divided into three segments: Energy-EPM; Energy-PSRE; and Medica-IMI. Avingtrans also designs and manufactures manufactured poles and cabinets for road safety cameras and railway track signaling. The company has a geographical presence in the UK, Europe and North America, and the Rest of World, with the UK region accounting for the majority of revenue.

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