Abrasives Manufacturing Co (MUS:ABMI) Debt-to-Equity: -1.37 (As of Mar. 2018)

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What is Abrasives Manufacturing Co Debt-to-Equity?

Abrasives Manufacturing Co MUS:ABMI Debt-to-Equity is -1.37 as of Mar. 2018.

Abrasives Manufacturing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ر.ع2.85 Mil. Abrasives Manufacturing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ر.ع0.00 Mil. Abrasives Manufacturing Co's Total Stockholders Equity for the quarter that ended in Mar. 2018 was ر.ع-2.08 Mil. Abrasives Manufacturing Co's debt to equity for the quarter that ended in Mar. 2018 was -1.37.

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 Abrasives Manufacturing Co's Debt-to-Equity or its related term are showing as below:

MUS:ABMI's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

Abrasives Manufacturing Co  (MUS:ABMI) 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.

Abrasives Manufacturing Co Debt-to-Equity Related Terms

Abrasives Manufacturing Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Abrasives Manufacturing Co'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.

Abrasives Manufacturing Co Debt-to-Equity Chart

Abrasives Manufacturing Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.93 -1.69 -1.56 -1.54 -1.47

Abrasives Manufacturing Co Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 -1.46 -1.49 -1.48 -1.47 -1.37

MUS:ABMI vs EVTN, THTI: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, Abrasives Manufacturing Co'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.

Abrasives Manufacturing Co Debt-to-Equity vs Industrial Products Industry

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

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


Abrasives Manufacturing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Abrasives Manufacturing Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
=(2.904 + 0) / -1.98
=-1.47

Abrasives Manufacturing Co's Debt to Equity Ratio for the quarter that ended in Mar. 2018 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
=(2.848 + 0) / -2.08
=-1.37

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.37 mean?
Abrasives Manufacturing Co (MUS:ABMI) has a Debt-to-Equity of -1.37 as of Mar. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Abrasives Manufacturing Co and its competitors.
Is Abrasives Manufacturing Co's Debt-to-Equity too high?
Abrasives Manufacturing Co's current Debt-to-Equity is -1.37.
How does Abrasives Manufacturing Co's Debt-to-Equity compare to EVTN and THTI?
Abrasives Manufacturing Co's Debt-to-Equity of -1.37 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,690 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Abrasives Manufacturing Co and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abrasives Manufacturing Co's current Debt-to-Equity is -1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abrasives Manufacturing Co stock overvalued right now?
Abrasives Manufacturing Co (MUS:ABMI) has a current Debt-to-Equity of -1.37. The current Debt-to-Equity is -1.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Abrasives Manufacturing Co (MUS:ABMI), the current Debt-to-Equity is -1.37 as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abrasives Manufacturing Co Business Description

Address Rusayl Industrial Area, PO Box 96, Rusayl, OMN, 124
Abrasives Manufacturing Co is engaged in the manufacturing and trading of abrasive products. It manufactures abrasive made cutting wheels used in the engineering industries.