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Astron Connect (TSXV:AST) Debt-to-Equity : 0.00 (As of Dec. 2024)


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What is Astron Connect Debt-to-Equity?

Astron Connect's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Astron Connect's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Astron Connect's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$0.15 Mil. Astron Connect's debt to equity for the quarter that ended in Dec. 2024 was 0.00.

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

During the past 8 years, the highest Debt-to-Equity Ratio of Astron Connect was 0.40. The lowest was -0.86. And the median was 0.14.

TSXV:AST's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.39
* Ranked among companies with meaningful Debt-to-Equity only.

Astron Connect Debt-to-Equity Historical Data

The historical data trend for Astron Connect'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.

Astron Connect Debt-to-Equity Chart

Astron Connect Annual Data
Trend Jun17 Jun18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-Equity
Get a 7-Day Free Trial 0.15 0.15 0.14 -0.86 -

Astron Connect Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

Competitive Comparison of Astron Connect's Debt-to-Equity

For the Packaged Foods subindustry, Astron Connect'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.

Astron Connect's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astron Connect's Debt-to-Equity distribution charts can be found below:

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


Astron Connect Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Astron Connect's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(0 + 0) / -0.188
=0.00

Astron Connect's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(0 + 0) / 0.151
=0.00

* 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.

Astron Connect  (TSXV:AST) 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.

Astron Connect Debt-to-Equity Related Terms

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

Astron Connect Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Astron Connect Inc (TSXV:AST) » Definitions » Debt-to-Equity
Comparable Companies
TSXV:VPI TSXV:CYF TSXV:BGA XCNQ:MEAT XCNQ:PNGA XCNQ:BITE XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC TSE:2802 LSE:ABF DUB:KRZ HRL
Traded in Other Exchanges
N/A
Address
733 Seymour Street, Suite 2900, P.O. Box 1, Vancouver, BC, CAN, V6B 0S6
Website
http://www.astronconnect.ca
Astron Connect Inc through its subsidiaries engages in the distribution and sale of beverage and food products in Canada, China and emerging markets which is also their single reportable segment.
Executives
Shixin Huang Director
Ian Mark Mallmann Senior Officer