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Aryt Industries (XTAE:ARYT) Debt-to-Equity : 0.07 (As of Dec. 2023)


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What is Aryt Industries Debt-to-Equity?

Aryt Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪0.82 Mil. Aryt Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪2.64 Mil. Aryt Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪52.60 Mil. Aryt Industries'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 Aryt Industries's Debt-to-Equity or its related term are showing as below:

XTAE:ARYT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.08
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Aryt Industries was 0.08. The lowest was 0.04. And the median was 0.06.

XTAE:ARYT's Debt-to-Equity is ranked better than
86.43% of 258 companies
in the Aerospace & Defense industry
Industry Median: 0.415 vs XTAE:ARYT: 0.07

Aryt Industries Debt-to-Equity Historical Data

The historical data trend for Aryt Industries'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.

Aryt Industries Debt-to-Equity Chart

Aryt Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.04 0.08 0.07

Aryt Industries Semi-Annual Data
Dec12 Dec13 Dec14 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 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 0.04 0.10 0.08 0.11 0.07

Competitive Comparison of Aryt Industries's Debt-to-Equity

For the Aerospace & Defense subindustry, Aryt Industries'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.


Aryt Industries's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aryt Industries's Debt-to-Equity distribution charts can be found below:

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



Aryt Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aryt Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aryt Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Aryt Industries  (XTAE:ARYT) 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.


Aryt Industries Debt-to-Equity Related Terms

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


Aryt Industries (XTAE:ARYT) Business Description

Traded in Other Exchanges
N/A
Address
7 HaPlada Street, P.O. Box 696, Or Yehuda, ISR, 60256
Aryt Industries Ltd, through its subsidiaries, provides electronic weaponry arms for the military. It primarily engages in the production of electronic detonators as well as development of specific electronic detonators as per clients order.

Aryt Industries (XTAE:ARYT) Headlines

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