AB Dynamics (LSE:ABDP) Debt-to-Equity : 0.02 (As of Feb. 2024)

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What is AB Dynamics Debt-to-Equity?

AB Dynamics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was £0.7 Mil. AB Dynamics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was £2.1 Mil. AB Dynamics's Total Stockholders Equity for the quarter that ended in Feb. 2024 was £127.0 Mil. AB Dynamics's debt to equity for the quarter that ended in Feb. 2024 was 0.02.

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

LSE:ABDP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.07
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of AB Dynamics was 0.07. The lowest was 0.01. And the median was 0.01.

LSE:ABDP's Debt-to-Equity is ranked better than
97.45% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs LSE:ABDP: 0.02

AB Dynamics Debt-to-Equity Historical Data

The historical data trend for AB Dynamics'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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AB Dynamics Debt-to-Equity Chart

AB Dynamics Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.01

AB Dynamics Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.07	0.01	0.02

Competitive Comparison of AB Dynamics's Debt-to-Equity

For the Auto Parts subindustry, AB Dynamics'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.

AB Dynamics's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AB Dynamics's Debt-to-Equity distribution charts can be found below:

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

AB Dynamics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AB Dynamics's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(0.57	+	0.906)	/	125.155
	=	0.01

AB Dynamics's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(0.707	+	2.064)	/	126.989
	=	0.02

AB Dynamics (LSE:ABDP) 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.

AB Dynamics Debt-to-Equity Related Terms

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AB Dynamics (LSE:ABDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AB Dynamics PLC (LSE:ABDP) » Definitions » Debt-to-Equity

Comparable Companies

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ABDP.GB:UK

Address

Middleton Drive, Bradford on Avon, Wiltshire, GBR, BA15 1GB

Website

https://www.abdplc.com

AB Dynamics PLC supplies measurement and testing equipment to the automotive industry. The principal activity of the Group is the design, manufacture, and supply of testing, simulation and measurement products for the global transport market. The Group derives the majority of revenue from Laboratory testing and simulation and includes Track testing. Geographically, key revenue is generated from Asia Pacific that includes the United Kingdom, the Rest of European, North America, and the Rest of the World.

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