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ADS Maritime Holding (ADS Maritime Holding) Debt-to-Equity : 0.57 (As of Dec. 2023)


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What is ADS Maritime Holding Debt-to-Equity?

ADS Maritime Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.05 Mil. ADS Maritime Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.41 Mil. ADS Maritime Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $20.10 Mil. ADS Maritime Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.57.

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 ADS Maritime Holding's Debt-to-Equity or its related term are showing as below:

ADCUF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53   Med: 0.62   Max: 0.68
Current: 0.57

During the past 6 years, the highest Debt-to-Equity Ratio of ADS Maritime Holding was 0.68. The lowest was 0.53. And the median was 0.62.

ADCUF's Debt-to-Equity is ranked worse than
50.11% of 882 companies
in the Transportation industry
Industry Median: 0.565 vs ADCUF: 0.57

ADS Maritime Holding Debt-to-Equity Historical Data

The historical data trend for ADS Maritime Holding'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.

ADS Maritime Holding Debt-to-Equity Chart

ADS Maritime Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.68 - - 0.66 0.57

ADS Maritime Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.66 0.67 0.64 0.63 0.57

Competitive Comparison of ADS Maritime Holding's Debt-to-Equity

For the Marine Shipping subindustry, ADS Maritime Holding'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.


ADS Maritime Holding's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ADS Maritime Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ADS Maritime Holding's Debt-to-Equity falls into.



ADS Maritime Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ADS Maritime Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

ADS Maritime Holding'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.


ADS Maritime Holding  (GREY:ADCUF) 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.


ADS Maritime Holding Debt-to-Equity Related Terms

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


ADS Maritime Holding (ADS Maritime Holding) Business Description

Traded in Other Exchanges
Address
22 Amathountos, OSM House, Agios Tychonas, Limassol, CYP, 4532
ADS Maritime Holding PLC is a shipping investment company. Its investing philosophy focuses on counter-cyclical investments.

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