Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Debt-to-Equity : -0.28 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Zapp Electric Vehicles Group Debt-to-Equity?

Zapp Electric Vehicles Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.81 Mil. Zapp Electric Vehicles Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.32 Mil. Zapp Electric Vehicles Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-18.44 Mil. Zapp Electric Vehicles Group's debt to equity for the quarter that ended in Sep. 2023 was -0.28.

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

ZAPPW' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.63 Med: -0.06 Max: 0.65
Current: -0.28

During the past 4 years, the highest Debt-to-Equity Ratio of Zapp Electric Vehicles Group was 0.65. The lowest was -2.63. And the median was -0.06.

ZAPPW's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.47 vs ZAPPW: -0.28

Zapp Electric Vehicles Group Debt-to-Equity Historical Data

The historical data trend for Zapp Electric Vehicles 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.

Zapp Electric Vehicles Group Debt-to-Equity Chart

Zapp Electric Vehicles Group Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.65

-2.63

0.15

-0.28

Zapp Electric Vehicles Group Semi-Annual Data
	Sep20	Sep21	Sep22	Sep23
Debt-to-Equity	0.65	-2.63	0.15	-0.28

Competitive Comparison of Zapp Electric Vehicles Group's Debt-to-Equity

For the Auto Manufacturers subindustry, Zapp Electric Vehicles 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.

Zapp Electric Vehicles Group's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zapp Electric Vehicles Group's Debt-to-Equity distribution charts can be found below:

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

Zapp Electric Vehicles Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zapp Electric Vehicles Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(3.814	+	1.32)	/	-18.438
	=	-0.28

Zapp Electric Vehicles Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3.814	+	1.32)	/	-18.438
	=	-0.28

Zapp Electric Vehicles Group (NAS:ZAPPW) 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.

Zapp Electric Vehicles Group Debt-to-Equity Related Terms

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

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:ZAPPW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZAPP:USA

Address

87/1 Wireless Road, 26/F Capital Tower, All Seasons Place, Lumpini, Patumwan, Bangkok, THA, 10330

Website

https://www.zappev.com

Zapp Electric Vehicles Group Ltd designs, manufactures and sells high performance electric vehicles, including maintenance and repair of electric vehicles and related parts and accessories.

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Headlines

From GuruFocus

Zapp EV Announces Reverse Stock Split

By Marketwired • 04-16-2024