Aerostar (BSE:ARS) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Aerostar Debt-to-Equity?

Aerostar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was lei0.0 Mil. Aerostar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was lei1.5 Mil. Aerostar's Total Stockholders Equity for the quarter that ended in Mar. 2024 was lei578.4 Mil. Aerostar's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Aerostar was 0.01. The lowest was 0.00. And the median was 0.00.

BSE:ARS's Debt-to-Equity is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Aerostar Debt-to-Equity Historical Data

The historical data trend for Aerostar'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.

Aerostar Debt-to-Equity Chart

Aerostar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Aerostar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Aerostar's Debt-to-Equity

For the Aerospace & Defense subindustry, Aerostar'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.

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

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

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

Aerostar Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aerostar's Debt to Equity Ratio for the fiscal year 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	+	0)	/	551.957
	=	0.00

Aerostar's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	1.466)	/	578.445
	=	0.00

Aerostar (BSE:ARS) 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.

Aerostar Debt-to-Equity Related Terms

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Aerostar (BSE:ARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aerostar SA (BSE:ARS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

9 Condorilor Street, Bacau, ROU, 600302

Website

http://www.aerostar.ro

Aerostar S.A. is a Romania-based company engaged in the aerospace and defense industry. Principally, it is involved in the production of aircrafts and spaceships. The company's foremost business lines consist of maintenance of commercial aircraft, manufacturing of aviation products and aero and ground systems for defense, production, and integrations. Additionally, it distributes its products in domestic countries as well as internationally.

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