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Inner East Community Finance (XNEC:IEC) Debt-to-Equity : 0.00 (As of Dec. 2022)


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What is Inner East Community Finance Debt-to-Equity?

Inner East Community Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil. Inner East Community Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil. Inner East Community Finance's Total Stockholders Equity for the quarter that ended in Dec. 2022 was A$1.56 Mil. Inner East Community Finance's debt to equity for the quarter that ended in Dec. 2022 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 Inner East Community Finance's Debt-to-Equity or its related term are showing as below:

XNEC:IEC's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Inner East Community Finance Debt-to-Equity Historical Data

The historical data trend for Inner East Community Finance'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.

Inner East Community Finance Debt-to-Equity Chart

Inner East Community Finance Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 0.54 -0.86 -0.20 -

Inner East Community Finance Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 -0.31 -0.20 - - -

Competitive Comparison of Inner East Community Finance's Debt-to-Equity

For the Engineering & Construction subindustry, Inner East Community Finance'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.


Inner East Community Finance's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Inner East Community Finance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Inner East Community Finance's Debt-to-Equity falls into.



Inner East Community Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inner East Community Finance's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Inner East Community Finance's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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.


Inner East Community Finance  (XNEC:IEC) 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.


Inner East Community Finance Debt-to-Equity Related Terms

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


Inner East Community Finance (XNEC:IEC) Business Description

Traded in Other Exchanges
N/A
Address
2 Regent Ave, Suite 2, Springvale, AUS, 3171
Inner East Community Finance Ltd provides plant hire services for the construction and building industry. The company also provides commercial and construction management services and sale of scaffolding equipment.