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ASL Marine Holdings (SGX:A04) Debt-to-Equity : 3.06 (As of Mar. 2024)


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What is ASL Marine Holdings Debt-to-Equity?

ASL Marine Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$133.7 Mil. ASL Marine Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$110.4 Mil. ASL Marine Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was S$79.7 Mil. ASL Marine Holdings's debt to equity for the quarter that ended in Mar. 2024 was 3.06.

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 ASL Marine Holdings's Debt-to-Equity or its related term are showing as below:

SGX:A04' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99   Med: 1.99   Max: 6.11
Current: 3.06

During the past 13 years, the highest Debt-to-Equity Ratio of ASL Marine Holdings was 6.11. The lowest was 0.99. And the median was 1.99.

SGX:A04's Debt-to-Equity is ranked worse than
95.02% of 261 companies
in the Aerospace & Defense industry
Industry Median: 0.43 vs SGX:A04: 3.06

ASL Marine Holdings Debt-to-Equity Historical Data

The historical data trend for ASL Marine 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.

* Premium members only.

ASL Marine Holdings Debt-to-Equity Chart

ASL Marine Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.78 3.42 4.58 3.71

ASL Marine Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.30 3.71 3.49 3.18 3.06

Competitive Comparison of ASL Marine Holdings's Debt-to-Equity

For the Aerospace & Defense subindustry, ASL Marine 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.


ASL Marine Holdings's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, ASL Marine Holdings's Debt-to-Equity distribution charts can be found below:

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



ASL Marine Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ASL Marine Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

ASL Marine Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


ASL Marine Holdings  (SGX:A04) 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.


ASL Marine Holdings Debt-to-Equity Related Terms

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ASL Marine Holdings (SGX:A04) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Pandan Road, Singapore, SGP, 609271
ASL Marine Holdings Ltd is an investment holding company. The company's operating segment includes Shipbuilding; Shiprepair, conversion and engineering; Shipchartering, and Investment holding. It generates maximum revenue from the Shiprepair, conversion and engineering services segment. The Shiprepair, conversion and engineering services segment includes the provision of shiprepair, dredging engineering products, and related services. Geographically, it derives a majority of revenue from Singapore and also has a presence in Indonesia; the Rest of Asia; Europe; Australia and the United States of America, and other countries.

ASL Marine Holdings (SGX:A04) Headlines

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