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Armstrong Industrial Limited (SGX:A14) Debt-to-Equity : 0.23 (As of Jun. 2013)


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What is Armstrong Industrial Limited Debt-to-Equity?

Armstrong Industrial Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was S$16.8 Mil. Armstrong Industrial Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was S$9.0 Mil. Armstrong Industrial Limited's Total Stockholders Equity for the quarter that ended in Jun. 2013 was S$111.4 Mil. Armstrong Industrial Limited's debt to equity for the quarter that ended in Jun. 2013 was 0.23.

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 Armstrong Industrial Limited's Debt-to-Equity or its related term are showing as below:

SGX:A14's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Armstrong Industrial Limited Debt-to-Equity Historical Data

The historical data trend for Armstrong Industrial Limited'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.

Armstrong Industrial Limited Debt-to-Equity Chart

Armstrong Industrial Limited Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
Get a 7-Day Free Trial 0.08 0.11 0.13 0.20 0.19

Armstrong Industrial Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 0.24 0.19 0.19 0.19 0.23

Competitive Comparison of Armstrong Industrial Limited's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Armstrong Industrial Limited'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.


Armstrong Industrial Limited's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Armstrong Industrial Limited's Debt-to-Equity falls into.



Armstrong Industrial Limited Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Armstrong Industrial Limited's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Armstrong Industrial Limited's Debt to Equity Ratio for the quarter that ended in Jun. 2013 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.


Armstrong Industrial Limited  (SGX:A14) 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.


Armstrong Industrial Limited Debt-to-Equity Related Terms

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Armstrong Industrial Limited (SGX:A14) Business Description

Traded in Other Exchanges
N/A
Address
Armstrong Industrial Corporation Limited is incorporated in Singapore. The Company is an investment holding company involved in manufacture and sale of precision die-cut foam and rubber moulded components for various technology and other applications. It operates in various segments namely Data storage, Office automation, Consumer electronics / Telecommunications, Automotive and Industrial engineering.

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