Enero Group (ASX:EGG) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Enero Group Debt-to-Equity?

Enero Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.7 Mil. Enero Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$19.1 Mil. Enero Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$190.1 Mil. Enero Group's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

ASX:EGG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.31
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Enero Group was 0.31. The lowest was 0.00. And the median was 0.08.

ASX:EGG's Debt-to-Equity is ranked better than
68.36% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs ASX:EGG: 0.12

Enero Group Debt-to-Equity Historical Data

The historical data trend for Enero 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.

Enero Group Debt-to-Equity Chart

Enero Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.14

0.09

0.31

0.11

Enero 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															0.08	0.31	0.25	0.11	0.12

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

For the Advertising Agencies subindustry, Enero 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.

Enero Group's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Enero Group's Debt-to-Equity distribution charts can be found below:

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

Enero Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Enero Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(4.264	+	18.613)	/	211.647
	=	0.11

Enero 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
	=	(3.696	+	19.087)	/	190.089
	=	0.12

Enero Group (ASX:EGG) 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.

Enero Group Debt-to-Equity Related Terms

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Enero Group (ASX:EGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Enero Group Ltd (ASX:EGG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Harris Street, Level 2, Pyrmont, Sydney, NSW, AUS, 2009

Website

https://www.enero.com

Enero Group Ltd engages in the provision of marketing and communication services in Australia, the United Kingdom, Europe, and the United States. Its services include strategy, market research, advertising, public relations, communications planning, graphic design, events management, direct marketing, and programmatic media. The company has two operating segments namely, brand transformation and Creative technology and data segment. The majority of revenue is derived from Creative technology and data segment. Geographically majority of revenue is derived from Australia.

Enero Group (ASX:EGG) Headlines

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