Allied Farmers (NZSE:ALF) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is Allied Farmers Debt-to-Equity?

Allied Farmers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$1.08 Mil. Allied Farmers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$3.73 Mil. Allied Farmers's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$18.38 Mil. Allied Farmers's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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

NZSE:ALF' s Debt-to-Equity Range Over the Past 10 Years
Min: -20.52 Med: 0.31 Max: 7.86
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Allied Farmers was 7.86. The lowest was -20.52. And the median was 0.31.

NZSE:ALF's Debt-to-Equity is ranked better than
62.94% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs NZSE:ALF: 0.26

Allied Farmers Debt-to-Equity Historical Data

The historical data trend for Allied Farmers'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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Allied Farmers Debt-to-Equity Chart

Allied Farmers Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.20

1.06

0.45

0.15

0.31

Allied Farmers Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.37	0.15	0.12	0.31	0.26

Competitive Comparison of Allied Farmers's Debt-to-Equity

For the Farm Products subindustry, Allied Farmers'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.

Allied Farmers's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Allied Farmers's Debt-to-Equity distribution charts can be found below:

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

Allied Farmers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Allied Farmers's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(1.61	+	3.62)	/	17.07
	=	0.31

Allied Farmers's Debt to Equity Ratio for the quarter 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
	=	(1.077	+	3.728)	/	18.381
	=	0.26

Allied Farmers (NZSE:ALF) 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.

Allied Farmers Debt-to-Equity Related Terms

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

Allied Farmers (NZSE:ALF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Allied Farmers Ltd (NZSE:ALF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Broadway, Stratford, NTL, NZL, 4332

Website

https://www.alliedfarmers.co.nz

Allied Farmers Ltd is engaged in the trading of dairy herds and sourcing and promoting dairy, beef, and sheep livestock for sale. The company's operating segment include Livestock Services, Financial Services, Rural Land Management and Parent Operations. It generates maximum revenue from the Livestock Services segment which involves an agency business facilitating livestock transactions and the procurement and export of veal.

Allied Farmers (NZSE:ALF) Headlines

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