Aedge Group (SGX:XVG) Debt-to-Equity : 1.02 (As of Dec. 2023)

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What is Aedge Group Debt-to-Equity?

Aedge Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$3.71 Mil. Aedge Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$7.24 Mil. Aedge Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$10.76 Mil. Aedge Group's debt to equity for the quarter that ended in Dec. 2023 was 1.02.

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

SGX:XVG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.36 Max: 1.02
Current: 1.02

During the past 6 years, the highest Debt-to-Equity Ratio of Aedge Group was 1.02. The lowest was 0.33. And the median was 0.36.

SGX:XVG's Debt-to-Equity is ranked worse than
74.6% of 929 companies
in the Business Services industry
Industry Median: 0.38 vs SGX:XVG: 1.02

Aedge Group Debt-to-Equity Historical Data

The historical data trend for Aedge Group'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.

Aedge Group Debt-to-Equity Chart

Aedge Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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N/A

0.42

0.36

Aedge Group Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.33	0.36	0.37	0.36	1.02

Competitive Comparison of Aedge Group's Debt-to-Equity

For the Security & Protection Services subindustry, Aedge Group'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.

Aedge Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aedge Group's Debt-to-Equity distribution charts can be found below:

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

Aedge Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aedge Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(3.173	+	1.055)	/	11.899
	=	0.36

Aedge Group'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
	=	(3.712	+	7.238)	/	10.756
	=	1.02

Aedge Group (SGX:XVG) 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.

Aedge Group Debt-to-Equity Related Terms

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Aedge Group (SGX:XVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aedge Group Ltd (SGX:XVG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4009 Ang Mo Kio Avenue 10, No. 04-33 Techplace 1, Singapore, SGP, 569738

Website

https://www.aedge.com.sg

Aedge Group Ltd is a Singapore-based multi-services provider, focusing on three principal services, namely engineering services, security and manpower services and transport services. The company generates maximum revenue from Security and manpower services which include security services, including security guarding services and security systems integration; cleaning services; and manpower services, including manpower staffing, recruitment and placement services.

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