Aspen (Group) Holdings (SGX:1F3) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is Aspen (Group) Holdings Debt-to-Equity?

Aspen (Group) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$14.43 Mil. Aspen (Group) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$16.31 Mil. Aspen (Group) Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$81.51 Mil. Aspen (Group) Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 Aspen (Group) Holdings's Debt-to-Equity or its related term are showing as below:

SGX:1F3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.88 Max: 4.63
Current: 0.38

During the past 8 years, the highest Debt-to-Equity Ratio of Aspen (Group) Holdings was 4.63. The lowest was 0.25. And the median was 0.88.

SGX:1F3's Debt-to-Equity is ranked better than
67.7% of 1582 companies
in the Real Estate industry
Industry Median: 0.755 vs SGX:1F3: 0.38

Aspen (Group) Holdings Debt-to-Equity Historical Data

The historical data trend for Aspen (Group) Holdings'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.

Aspen (Group) Holdings Debt-to-Equity Chart

Aspen (Group) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun23

Debt-to-Equity

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0.38

0.39

0.99

0.81

0.96

Aspen (Group) Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.84	0.95	0.91	0.96	0.38

Competitive Comparison of Aspen (Group) Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Aspen (Group) Holdings'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.

Aspen (Group) Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aspen (Group) Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aspen (Group) Holdings's Debt-to-Equity falls into.

Aspen (Group) Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aspen (Group) Holdings'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
	=	(24.386	+	28.969)	/	55.466
	=	0.96

Aspen (Group) Holdings'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
	=	(14.432	+	16.305)	/	81.51
	=	0.38

Aspen (Group) Holdings (SGX:1F3) 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.

Aspen (Group) Holdings Debt-to-Equity Related Terms

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

Aspen (Group) Holdings (SGX:1F3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aspen (Group) Holdings Ltd (SGX:1F3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

300, Jalan Macalister, Aspen House, George Town, PNG, MYS, 10450

Website

https://www.aspen.com.my

Aspen (Group) Holdings Ltd is a property development group. It focuses on developing affordable residential and mixed-development properties at strategic locations, with quality infrastructure and amenities, which target middle-income mass market purchasers. It operates through the below segments: Property development which includes development of residential and commercial properties and others which includes sales of food and beverages and investment holdings. Substantial portion of the company's overall revenue is generated from its Property development segment.

Aspen (Group) Holdings (SGX:1F3) Headlines

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