Asiatic Group (Holdings) (SGX:5CR) Debt-to-Equity : 0.99 (As of Dec. 2023)

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What is Asiatic Group (Holdings) Debt-to-Equity?

Asiatic Group (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$10.51 Mil. Asiatic Group (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$6.02 Mil. Asiatic Group (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$16.70 Mil. Asiatic Group (Holdings)'s debt to equity for the quarter that ended in Dec. 2023 was 0.99.

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 Asiatic Group (Holdings)'s Debt-to-Equity or its related term are showing as below:

SGX:5CR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.84 Max: 1.44
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Asiatic Group (Holdings) was 1.44. The lowest was 0.43. And the median was 0.84.

SGX:5CR's Debt-to-Equity is ranked worse than
55.75% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.78 vs SGX:5CR: 0.99

Asiatic Group (Holdings) Debt-to-Equity Historical Data

The historical data trend for Asiatic Group (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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Asiatic Group (Holdings) Debt-to-Equity Chart

Asiatic Group (Holdings) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.55

0.83

0.91

1.44

1.35

Asiatic Group (Holdings) Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.01	1.35	1.23	0.91	0.99

Competitive Comparison of Asiatic Group (Holdings)'s Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Asiatic Group (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.

Asiatic Group (Holdings)'s Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asiatic Group (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Asiatic Group (Holdings)'s Debt-to-Equity falls into.

Asiatic Group (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asiatic Group (Holdings)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(11.361	+	5.426)	/	12.401
	=	1.35

Asiatic Group (Holdings)'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
	=	(10.505	+	6.017)	/	16.698
	=	0.99

Asiatic Group (Holdings) (SGX:5CR) 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.

Asiatic Group (Holdings) Debt-to-Equity Related Terms

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Asiatic Group (Holdings) (SGX:5CR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Asiatic Group (Holdings) Ltd (SGX:5CR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Joo Koon Circle, Singapore, SGP, 629078

Website

https://www.asiatic.com.sg

Asiatic Group (Holdings) Ltd is an engineering management company focused on the development of two sectors Power and Fire fighting and protection. The firefighting and protection sector includes the supply, installation, and maintenance of fire-fighting and protection equipment. The power sector includes power generation and distribution of controlled power supply and equipment. The company manufactures fire extinguishers and assembles fire-fighting products such as hose reels, hydrants, alarm systems, and emergency lighting, under its brand name KILLFIRE. It operates in Singapore, Cambodia, and other countries. It generates revenue from the Power sector.

Asiatic Group (Holdings) (SGX:5CR) Headlines

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