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AnnAik (SGX:A52) Debt-to-Equity : 0.41 (As of Jun. 2024)


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What is AnnAik Debt-to-Equity?

AnnAik's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$14.13 Mil. AnnAik's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$12.36 Mil. AnnAik's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$64.53 Mil. AnnAik's debt to equity for the quarter that ended in Jun. 2024 was 0.41.

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

SGX:A52' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39   Med: 0.59   Max: 0.69
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of AnnAik was 0.69. The lowest was 0.39. And the median was 0.59.

SGX:A52's Debt-to-Equity is ranked better than
52.34% of 556 companies
in the Steel industry
Industry Median: 0.43 vs SGX:A52: 0.41

AnnAik Debt-to-Equity Historical Data

The historical data trend for AnnAik'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.

AnnAik Debt-to-Equity Chart

AnnAik Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.64 0.65 0.48 0.39

AnnAik Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.57 0.48 0.45 0.39 0.41

Competitive Comparison of AnnAik's Debt-to-Equity

For the Steel subindustry, AnnAik'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.


AnnAik's Debt-to-Equity Distribution in the Steel Industry

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

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



AnnAik Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AnnAik's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

AnnAik's Debt to Equity Ratio for the quarter that ended in Jun. 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.


AnnAik  (SGX:A52) 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.


AnnAik Debt-to-Equity Related Terms

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


AnnAik Business Description

Traded in Other Exchanges
N/A
Address
52 Tuas Avenue 9, Singapore, SGP, 639193
AnnAik Ltd through its subsidiaries is engaged in the distribution of stainless steel products, which are mainly used in the piping system. The company's operating segment includes Distribution; Manufacturing of steel flanges; Engineering construction and Environmental business. It generates maximum revenue from the Distribution segment. Geographically, it derives majority of its revenue from Singapore and has a presence in PRC; Malaysia; India; South Korea and other countries.

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