Zicom Group (ASX:ZGL) Debt-to-Equity : 0.91 (As of Dec. 2023)

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What is Zicom Group Debt-to-Equity?

Zicom Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$35.6 Mil. Zicom Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$10.1 Mil. Zicom Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$50.2 Mil. Zicom Group's debt to equity for the quarter that ended in Dec. 2023 was 0.91.

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

ASX:ZGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.36 Max: 0.91
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Zicom Group was 0.91. The lowest was 0.12. And the median was 0.36.

ASX:ZGL's Debt-to-Equity is ranked worse than
84.62% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs ASX:ZGL: 0.91

Zicom Group Debt-to-Equity Historical Data

The historical data trend for Zicom 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.

Zicom Group Debt-to-Equity Chart

Zicom Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.35

0.67

0.42

0.65

0.77

Zicom 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															0.49	0.65	0.81	0.77	0.91

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

For the Specialty Industrial Machinery subindustry, Zicom 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.

Zicom Group's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zicom Group's Debt-to-Equity distribution charts can be found below:

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

Zicom Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zicom 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
	=	(29.499	+	11.195)	/	52.919
	=	0.77

Zicom 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
	=	(35.649	+	10.148)	/	50.226
	=	0.91

Zicom Group (ASX:ZGL) 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.

Zicom Group Debt-to-Equity Related Terms

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

Zicom Group (ASX:ZGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zicom Group Ltd (ASX:ZGL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Goodman Place, Murarrie, Brisbane, QLD, AUS, 4172

Website

http://www.zicomgroup.com

Zicom Group Ltd is engaged in the manufacturing of deck machinery, gas metering stations, gas processing plants, foundation equipment, concrete mixers and precision engineered machinery, rental of foundation equipment, supply of automation products and solutions, supply of medtech equipment and products, medtech translation services and services to the offshore marine, oil and gas, construction, electronics, biomedical and agriculture industries. It operates through the following segments: Green Energy, Gas & Marine Equipment, Construction Equipment, Precision Engineering and Technologies, and Industrial and Mobile Hydraulics.

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