Aerodrome Group (XTAE:ARDM) Debt-to-Equity : 0.20 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Aerodrome Group Debt-to-Equity?

Aerodrome Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪2.93 Mil. Aerodrome Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪5.40 Mil. Aerodrome Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪42.28 Mil. Aerodrome Group's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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

XTAE:ARDM' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.35 Med: 0.2 Max: 0.25
Current: 0.2

During the past 11 years, the highest Debt-to-Equity Ratio of Aerodrome Group was 0.25. The lowest was -1.35. And the median was 0.20.

XTAE:ARDM's Debt-to-Equity is ranked better than
64.73% of 224 companies
in the Education industry
Industry Median: 0.345 vs XTAE:ARDM: 0.20

Aerodrome Group Debt-to-Equity Historical Data

The historical data trend for Aerodrome 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.

Aerodrome Group Debt-to-Equity Chart

Aerodrome Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-1.35

0.13

0.22

0.25

0.20

Aerodrome Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.21	0.25	0.24	0.20

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

For the Education & Training Services subindustry, Aerodrome 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.

Aerodrome Group's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aerodrome Group's Debt-to-Equity distribution charts can be found below:

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

Aerodrome Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aerodrome Group'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
	=	(2.933	+	5.395)	/	42.278
	=	0.20

Aerodrome 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
	=	(2.933	+	5.395)	/	42.278
	=	0.20

Aerodrome Group (XTAE:ARDM) 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.

Aerodrome Group Debt-to-Equity Related Terms

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

Aerodrome Group (XTAE:ARDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Aerodrome Group Ltd (XTAE:ARDM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Amal Street, Afek Industrial Park, Rosh Haayin, ISR, 94158

Website

https://www.aerodrome-ops.com

Aerodrome Group Ltd is a provider of UAS services and solutions. Its UAS operations include UAS Piloting, UAS External Pilot Training, UAS Pilot In Command (PIC) Training, UAS Payload Operator Training, Advanced Mission Training. The company provides four different courses running in parallel; PIC training, O-Level training, external pilot training, and payload operator training. It provides a full envelope of services for defense industries and organizations that wish to use unmanned systems.

Aerodrome Group (XTAE:ARDM) Headlines

No Headlines