Abundance International (SGX:541) Debt-to-Equity : 0.10 (As of Jun. 2023)

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What is Abundance International Debt-to-Equity?

Abundance International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$1.2 Mil. Abundance International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$3.5 Mil. Abundance International's Total Stockholders Equity for the quarter that ended in Jun. 2023 was S$49.7 Mil. Abundance International's debt to equity for the quarter that ended in Jun. 2023 was 0.10.

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

SGX:541' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.28 Max: 0.84
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Abundance International was 0.84. The lowest was 0.00. And the median was 0.28.

SGX:541's Debt-to-Equity is ranked better than
76.97% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs SGX:541: 0.10

Abundance International Debt-to-Equity Historical Data

The historical data trend for Abundance International'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.

Abundance International Debt-to-Equity Chart

Abundance International Annual Data

Trend

Sep12

Sep13

Sep14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.35

0.58

0.84

0.21

0.14

Abundance International Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.27	0.21	0.18	0.14	0.10

Competitive Comparison of Abundance International's Debt-to-Equity

For the Chemicals subindustry, Abundance International'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.

Abundance International's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Abundance International's Debt-to-Equity distribution charts can be found below:

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

Abundance International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Abundance International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2.705	+	4.327)	/	51.689
	=	0.14

Abundance International's Debt to Equity Ratio for the quarter 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
	=	(1.177	+	3.545)	/	49.683
	=	0.10

Abundance International (SGX:541) 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.

Abundance International Debt-to-Equity Related Terms

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Abundance International (SGX:541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Abundance International Ltd (SGX:541) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Joo Koon Circle, Singapore, SGP, 629041

Website

https://www.abundance.com.sg

Abundance International Ltd is engaged in the chemical manufacturing and trading of equipment, accessories, consumables, or peripherals used in the chemical industry and other related businesses. In addition, it is also investing in companies and other entities through equity, securities, and other instruments. It is organized into the following reportable operating segments, Chemicals, Printing, and Investment segment. The company derives the maximum revenue from the Chemicals segment. Its primary geographic markets are China and other countries in Asia of which China contributes most of the total revenue.

Abundance International (SGX:541) Headlines

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