A-Sonic Aerospace (SGX:BTJ) Debt-to-Equity : 0.03 (As of Jun. 2024)

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What is A-Sonic Aerospace Debt-to-Equity?

A-Sonic Aerospace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$1.2 Mil. A-Sonic Aerospace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$0.9 Mil. A-Sonic Aerospace's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$60.8 Mil. A-Sonic Aerospace's debt to equity for the quarter that ended in Jun. 2024 was 0.03.

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 A-Sonic Aerospace's Debt-to-Equity or its related term are showing as below:

SGX:BTJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.26
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of A-Sonic Aerospace was 0.26. The lowest was 0.03. And the median was 0.16.

SGX:BTJ's Debt-to-Equity is ranked better than
96.59% of 881 companies
in the Transportation industry
Industry Median: 0.54 vs SGX:BTJ: 0.03

A-Sonic Aerospace Debt-to-Equity Historical Data

The historical data trend for A-Sonic Aerospace'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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A-Sonic Aerospace Debt-to-Equity Chart

A-Sonic Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.22

0.08

0.04

0.05

0.04

A-Sonic Aerospace 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															0.05	0.05	0.05	0.04	0.03

Competitive Comparison of A-Sonic Aerospace's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, A-Sonic Aerospace'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.

A-Sonic Aerospace's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A-Sonic Aerospace's Debt-to-Equity distribution charts can be found below:

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

A-Sonic Aerospace Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

A-Sonic Aerospace's Debt to Equity Ratio for the fiscal year 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
	=	(1.083	+	1.191)	/	59.984
	=	0.04

A-Sonic Aerospace's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(1.18	+	0.861)	/	60.818
	=	0.03

A-Sonic Aerospace (SGX:BTJ) 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.

A-Sonic Aerospace Debt-to-Equity Related Terms

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A-Sonic Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A-Sonic Aerospace Ltd (SGX:BTJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Anson Road, No. 24-07, International Plaza, Singapore, SGP, 079903

Website

https://www.asonic-aerospace.com

A-Sonic Aerospace Ltd is engaged in providing supply chain management services. The company provides domestic multi-modal transportation, warehousing, distribution, customs clearance, and airport ground services. Its business is divided into two segments namely Aviation which includes aircraft systems and components to airlines and aviation maintenance repair organizations, and Logistics that includes services like Airside Logistics and Transportation, Air Cargo Management and Logistics and Supply Chain Management Services. It generates a majority of its revenue from the Logistics Segment. Geographically, the company gets a majority of its share of the revenue from The People's Republic of China and also has its presence in Australia, Singapore, United States of America and Others.

A-Sonic Aerospace Headlines

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