Equity Story Group (ASX:EQS) Debt-to-Equity : 2.38 (As of Dec. 2023)

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What is Equity Story Group Debt-to-Equity?

Equity Story Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Equity Story Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.06 Mil. Equity Story Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.45 Mil. Equity Story Group's debt to equity for the quarter that ended in Dec. 2023 was 2.38.

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

ASX:EQS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.24 Max: 2.38
Current: 2.38

During the past 3 years, the highest Debt-to-Equity Ratio of Equity Story Group was 2.38. The lowest was 0.08. And the median was 0.24.

ASX:EQS's Debt-to-Equity is ranked worse than
89.49% of 609 companies
in the Capital Markets industry
Industry Median: 0.35 vs ASX:EQS: 2.38

Equity Story Group Debt-to-Equity Historical Data

The historical data trend for Equity Story 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.

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Equity Story Group Debt-to-Equity Chart

Equity Story Group Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.08

0.39

Equity Story Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.08	0.09	0.39	2.38

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

For the Capital Markets subindustry, Equity Story 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.

Equity Story Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Equity Story Group's Debt-to-Equity distribution charts can be found below:

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

Equity Story Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Equity Story 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
	=	(0.088	+	0.288)	/	0.967
	=	0.39

Equity Story 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
	=	(0	+	1.059)	/	0.445
	=	2.38

Equity Story Group (ASX:EQS) 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.

Equity Story Group Debt-to-Equity Related Terms

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