Aurrigo International (LSE:AURR) Debt-to-Equity : 0.09 (As of Jun. 2023)

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What is Aurrigo International Debt-to-Equity?

Aurrigo International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.22 Mil. Aurrigo International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.42 Mil. Aurrigo International's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £6.80 Mil. Aurrigo International's debt to equity for the quarter that ended in Jun. 2023 was 0.09.

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

LSE:AURR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.14
Current: 0.09

During the past 5 years, the highest Debt-to-Equity Ratio of Aurrigo International was 0.14. The lowest was 0.03. And the median was 0.09.

LSE:AURR's Debt-to-Equity is ranked better than
84.71% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs LSE:AURR: 0.09

Aurrigo International Debt-to-Equity Historical Data

The historical data trend for Aurrigo International'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.

Aurrigo International Debt-to-Equity Chart

Aurrigo International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.24

0.14

0.08

0.03

Aurrigo International Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.08	0.07	0.03	0.09

Competitive Comparison of Aurrigo International's Debt-to-Equity

For the Auto Manufacturers subindustry, Aurrigo International'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.

Aurrigo International's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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

Aurrigo International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aurrigo International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.109	+	0.187)	/	8.634
	=	0.03

Aurrigo International's Debt to Equity Ratio for the quarter 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
	=	(0.217	+	0.423)	/	6.802
	=	0.09

Aurrigo International (LSE:AURR) 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.

Aurrigo International Debt-to-Equity Related Terms

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Aurrigo International (LSE:AURR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aurrigo International PLC (LSE:AURR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Humber Avenue, Unit 33, Bilton Industrial Estate, Coventry, GBR, CV3 1JL

Website

https://www.aurrigo.com

Aurrigo International PLC offers transport technology solutions. The company provides autonomous and semi-autonomous technology solutions for the aviation, ground handling, and cargo industries. The Group designs, engineers, manufactures, and supplies OEM products and autonomous vehicles to the automotive, aviation, and transport industries.

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