Aurora Solar Technologies (STU:A82) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Aurora Solar Technologies Debt-to-Equity?

Aurora Solar Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.29 Mil. Aurora Solar Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Aurora Solar Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4.04 Mil. Aurora Solar Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Aurora Solar Technologies's Debt-to-Equity or its related term are showing as below:

STU:A82' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.18
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Aurora Solar Technologies was 0.18. The lowest was 0.01. And the median was 0.08.

STU:A82's Debt-to-Equity is ranked better than
75.66% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs STU:A82: 0.07

Aurora Solar Technologies Debt-to-Equity Historical Data

The historical data trend for Aurora Solar Technologies'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.

Aurora Solar Technologies Debt-to-Equity Chart

Aurora Solar Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.13

0.06

Aurora Solar Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.06	0.08	0.11	0.07

Competitive Comparison of Aurora Solar Technologies's Debt-to-Equity

For the Solar subindustry, Aurora Solar Technologies'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.

Aurora Solar Technologies's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Aurora Solar Technologies's Debt-to-Equity distribution charts can be found below:

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

Aurora Solar Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aurora Solar Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.149	+	0.066)	/	3.825
	=	0.06

Aurora Solar Technologies'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
	=	(0.288	+	0)	/	4.044
	=	0.07

Aurora Solar Technologies (STU:A82) 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.

Aurora Solar Technologies Debt-to-Equity Related Terms

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

Aurora Solar Technologies (STU:A82) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Aurora Solar Technologies Inc (STU:A82) » Definitions » Debt-to-Equity

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AACTF:USA ACU:Canada

Address

788 Harbourside Drive, Suite 100, North Vancouver, Vancouver, BC, CAN, V7P 3R7

Website

https://www.aurorasolartech.com

Aurora Solar Technologies Inc is engaged in the delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. Its products are DM Instruments, Insight, and Visualize. The company's only operating segment being the development, manufacturing, and marketing, material inspection and inline quality control systems for the solar polysilicon, wafer, cell, and module manufacturing industries.

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